San Francisco ERS Commits $170M to Alts

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. 

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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