---
title: San Francisco ERS Commits $349M to Private Equity
description: San Francisco ERS Commits $349M to Private Equity.
---

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# [San Francisco ERS Commits $349M to Private Equity](https://dakotafunds.com/dakota-funds/fundraising-news/san-francisco-ers-commits-349m-to-private-equity)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | May 18, 2023

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.

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[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/san-francisco-ers-commits-349m-to-private-equity)

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