Commitments Keep on Coming at San Francisco Fund
The San Francisco system makes four more private market commitments, adding to the more than $3 billion already committed this year.
The San Francisco system makes four more private market commitments, adding to the more than $3 billion already committed this year.
The plan has committed more than $3 billion overall in 2018 to private markets as CIO William Coaker Jr. builds up the alternatives portfolio.
Private equity, real estate, and natural resources funds also represented.
Stock of Hess Corp. will be divested along with other energy companies if they don’t justify oil and gas reserves and stop denying climate change.
Fund will be weighted towards companies that are more environmentally friendly in their carbon usage.
The plan also calls for the hiring of a director of socially responsible investing.