San Francisco City & County Employees' Retirement System disclosed new commitments totaling $130 million in a report from CEO/CIO Alison Romano included with Dec. 13 board meeting materials.
The $34.1 billion pension fund committed $80 million to Crayhill Principal Strategies Fund III, a private credit fund managed by Crayhill Capital Management, and $50 million to Peppertree Capital Fund X, an infrastructure fund managed by Peppertree Capital Management, the report said.
SFERS previously committed $75 million to Peppertree Capital Fund IX and $70 million to Crayhill Principal Strategies Fund II, both in 2021.
As of Nov. 30, the actual allocations to real assets and private credit were 15.5% and 8.2%, respectively.
