FUNDRAISING NEWS | August 13, 2024
The San Francisco Employees’ Retirement System has approved three commitments to alternatives totaling $170 million, according to materials for the August 14th Board meeting.
In private equity, $75 million was committed to Resurgens Technology Partners III. And within the VC sleeve, $20 million was committed to NEA Secondary Opportunity Fund.
In private credit, $75 million was committed to Fortress Credit Opportunities VI.
As of June 30, 2023, the $34 billion pension fund allocates approximately 29.8% to private equity and 7.6% to private credit.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
Written By: Helen Bascom, Marketing Associate
Helen Bascom is a Marketing Associate at Dakota.
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