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 $125 million-worth of private debt commitments to two vehicles, according to the pension’s May board meeting packet.
The fund committed $50 million to HPS Mezzanine Private Investors 2019 and $75 million to Cerberus Levered Loan Opportunities Fund IV.