SFERS approves $100m commitment

The US public pension has backed an Asia focused fund.

Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
AUM: $26.68bn
Allocation to alternatives: 41.40%
Bitesize: $50-100m

San Francisco Employees’ Retirement System has announced a commitment of $100 million to PAG Loan Fund IV.

The $26.68 billion US public pension has a 10 percent target allocation to private debt that currently stands at 3.80 percent. As illustrated in the charts below, the pension has made five commitments to private debt since January 2019, totaling $425 million.

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