San Francisco City & County Employees' Retirement System disclosed new commitments totaling $390 million in a report from CIO William J. Coaker Jr. ahead of its board meeting Wednesday.
Within private equity, the $33.9 billion pension fund committed $80 million to TA XIV-A, a middle-market growth equity fund managed by TA Associates; $50 million to buyout fund Hellman & Friedman Capital Partners X; $50 million to Insight Venture Partners XII and $25 million to Insight Venture Partners XII Buyout Annex Fund, both growth equity funds; and $35 million to venture capital fund Vida Ventures III.
As of May 31, the actual allocation to private equity was 27%.
Within private credit, SFERS committed $70 million to Crayhill Principal Strategies Fund II, a private credit fund managed by Crayhill Capital Management.
As of May 31, the actual allocation to private credit was 5.2%.
Within real assets, the pension fund committed $40 million each to Controlled Environment Foods Fund II, a natural resources fund managed by Equilibrium Capital Group; and Milestone Real Estate Investors V, a multifamily real estate fund managed by The Milestone Group.
As of May 31, the actual allocation to real assets was 11.5%.
