SFERS approves $60m commitment

The US public pension has backed a North America and Europe-focused private debt fund.

Institution: San Francisco Employees’ Retirement System
Headquarters: San Francisco, US
AUM: $30.65 billion
Allocation to alternatives: 39.50%

San Francisco Employees’ Retirement System has approved a commitment of $60 million to Kennedy Lewis Capital Partners II, according to the pension’s January 2021 meeting agenda.

The $30.65 billion US public pension has a 10 percent target allocation to private debt that currently stands at 5.1

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