Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
Allocation to alternatives: 36.9%
San Francisco Employees’ Retirement System has committed $75 million to Fortress Credit Opportunities Fund V and $50 million to Fortress Lending Fund I.
As illustrated in the charts below, the $24.8 billion US public pension has a 10.0 percent target allocation to private debt that currently stands at 2.2 percent. SFERS has also made two commitments focused on private debt recently, which combined constitute $125 million.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.