San Francisco may invest as much as $4.5 bln in private credit over next six years

SFERS, San Francisco Employees’ Retirement System, Cambridge Associates, pension fund, private equity
View of San Francisco Bay Bridge at sunset, with the city in the background,on Aug. 11, 2017. REUTERS/Alexandria Sage - RC18FDC56A60
San Francisco Employees’ Retirement System is preparing to make a major push into private credit. The $22.4 billion retirement system could deploy between $700 million and $750 million annually to private credit funds over the next five to six years, ...

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