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%.
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