San Francisco City & County Employees' Retirement System disclosed two new commitments totaling $50 million in a report from CIO William J. Coaker Jr. ahead of its March 10 board meeting.
The $31.2 billion pension fund committed $25 million each to venture capital fund Battery Ventures Select Fund I and CIVF VI Development Fund, a value-added real estate fund managed by Cabot Properties.
As of Feb. 28, the actual allocations to private equity and real assets were 23.2% and 11.8%, respectively.