City & County of San Francisco Employees' Retirement System committed up to $44 million to Rockpoint Real Estate Fund IV, confirmed Robert Shaw, managing director, public markets, at the $15.3 billion pension fund.
It is the system's first commitment to a Rockpoint fund, Mr. Shaw said in a telephone interview. Real estate consultant Townsend Group assisted.
Separately, the system committed up to $40 million to private equity fund Advent International GPE VII. The system had committed $30 million to Advent International GPE VI in 2008. Alternatives consultant Portfolio Advisors assisted.