---
title: San Francisco ERS Commits $130M to Alts
description: San Francisco ERS Commits $130M to Alts
---

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# [San Francisco ERS Commits $130M to Alts](https://dakotafunds.com/dakota-funds/fundraising-news/san-francisco-ers-commits-130m-to-alts)

 Written by [Helen Bascom, Marketing Associate](https://dakotafunds.com/dakota-funds/author/helen-bascom-marketing-associate) | December 14, 2023

The San Francisco Employees Retirement System disclosed two commitments to alternatives totaling $130 million, according to materials from the December 13th Board meeting. 

In private credit, $80 million was committed to Crayhill Principal Strategies Fund III.

Within private equity, $50 million was committed to Peppertree Capital X.

As of September 30, 2023, the $33.5 billion pension fund allocates approximately 8.1% to private credit with a target of 10%. And approximately 29.8% to private equity with a target of 23%.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/san-francisco-ers-commits-130m-to-alts)

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