San Francisco ERS Commits $349M to Private Equity

Written by: Koncheng Moua, Director of Data Management and Strategy

The San Francisco Employees’ Retirement System has disclosed seven private equity investments totaling up to $349 million, according to meeting materials from the May meeting.

$25 million was committed to Pelion Ventures VIII. $10 million was committed to KVC Secondaries Fund III. $100 million million was committed to Knightsbridge H 2019 LP. $80 million was committed to TA XV. $20.5 million was committed to Mayfield XVII. Additionally, $13.5 million was committed to Mayfield Select III. Lastly, $100 million was committed to Genstar Capital Partners XI.

As of June 30, 2022, SFERS’ allocates 32.6% to private equity while they target 23% to the asset class.

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!

Recent Posts

January 03, 2024

Ohio SERS Commits $340M to Real Estate, Equities

The School Employees’ Retirement System of Ohio has approved four commitments totalling $340...

February 20, 2024

Raymond James Adds $340M Former Morgan Stanley Team

Raymond James has added two financial advisors, David Behar and David "Dave" Nagel, from Morgan...

November 22, 2022

Illinois Municipal Retirement Commits $340M to Alternatives; Considers Emerging Markets Search

The Illinois Municipal Retirement Fund (IMRF) has disclosed seven alternative investments totaling...