Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, United States
Allocation to alternatives: 38.40%
San Francisco Employees’ Retirement System has announced a commitment of $50 million to PAG Special Situations Fund III.
The $24.14 billion US public pension has a 10 percent target allocation to private debt that currently stands at 2.5 percent. As illustrated in the charts below, the pension has made three additional commitments to private debt since January 2019, totaling $325 million for 2019.
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