The approximately $34 billion City and County of San Francisco Employees’ Retirement System (SFERS) closed new and follow-on commitments to alternative investment funds totaling $545 million during July and August, according to a report from CEO/CIO Alison Romano to be delivered to the system’s board at its Sept.15 meeting.
Romano's report notes that at its meeting in February, SFERS’ board approved an investment of up to $40 million in SAF Annex Fund, LP. The fund is managed by Vison Ridge Partners. The commitment, which closed on July 18, is classified as an . . .
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.