SFERS approves $75m commitment

The US public pension has backed a North America focused fund.

Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
AUM: $27.39bn
Allocation to alternatives: 25.17%
Bitesize: $50-$100m

San Francisco Employees’ Retirement System has approved a commitment of $75 million to TriGate Property Partners IV, according to the pension’s May meeting packet.

The US public pension has a 16.22 percent allocation to real assets which includes both real estate and infrastructure.

As illustrated below, SFERS’ has historically committed to opportunity and mezzanine / debt vehicles that focus on a range of sectors and regions.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.