Jewish Community Federation of San Francisco will conduct a shortlist...

Jewish Community Federation of San Francisco will conduct a shortlist search for additional private equity and hedge fund managers, said Gerry Majer, the federation's former CFO and current investment consultant. The federation increased the target alternatives allocation for both its $179 million endowment investment pool and $42 million pension plan to 30% from 25%, said Mr. Majer. The foundation's investment committee will create the shortlist and should make a decision before year's end, Mr. Majer said. Phyllis Cook, executive director, could not respond to questions by press time.