SFERS approves $55m commitment

The US public pension has backed a North America-focused fund.

Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, US
AUM: $25.7 billion
Allocation to alternatives: 26.5%

San Francisco Employees Retirement System has announced a commitment of $55 million to MGG SF Evergreen Unlevered Fund 2020.

The $25.7 billion US public pension has a 10 percent target allocation to private debt that currently stands at 4.7 percent.

As illustrated below, SFERS tends to favour commitments to senior debt funds in North America.

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