San Diego City Employees’ readies $375 mln over three years for PE

San Diego City Employees' Retirement System, private equity, pension fund, GCM Grosvenor
  • Allocations to be made through GCM Grosvenor account
  • Commitments to include buyouts, secondaries, co-investments
  • San Diego held 14 pct of assets in PE, infrastructure
San Diego City Employees’ Retirement System will likely commit around $375 million to private equity over the next three years through its separate account with GCM Grosvenor. At its meeting earlier this month, the city’s investment board elected to move ...

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