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SFERS commits $100m to Asia

The US pension fund makes $100 million to an Asian real estate fund.

San Francisco Employees’ Retirement System (SFERS) has approved up to $100 million to Blackstone Real Estate Partners Asia II.

The commitment is SFERS’ fifth investments with Blackstone real estate.

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