Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
Allocation to alternatives: 40.50%
San Francisco Employees’ Retirement System announced $155 million-worth of private debt commitments to three vehicles in its board meeting packet.
The commitments comprise of $75 million to Castlelake Aviation IV – Stable Yield (leasing), $25 million to Castlelake Aviation IV Stable Yield Opportunities and €50 million to MCP Private Capital Fund IV.
The US public pension has a 10.00 percent target allocation to private debt that currently stands at 3.90 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.