The $20 billion San Francisco City & County Employees’ Retirement System committed up to $150 million to two natural resources funds, show agenda material for the board’s meeting on Wednesday.
Meeting in closed session on May 9, the board committed up to $100 million to EMR Capital Resources Fund II and up to $50 million to Pelican Energy Partners II.
Both commitments will be part of the system’s $2.3 billion real assets portfolio.
