Asset Owner Directory

San Francisco Employees’ Retirement System(SFERS)

The San Francisco Employees’ Retirement System (SFERS) administers two benefit programs for active and retired members: a Pension Plan (defined benefit plan) and a 457(b) Deferred Compensation Plan (defined contribution plan). The SFERS Pension Plan is a defined benefit plan that provides service retirement benefits calculated using a formula based on age at retirement, years of service and final compensation. The Deferred Compensation Plan is a voluntary IRS §457(b) Plan that allows participants to voluntarily defer receipt and taxation of a portion of their regular earnings until after they retire or separate from service. Under the direction of the Retirement Board, the Executive Director and senior staff team manage the day-to-day activities of the system including investments, member services, finance, actuarial services, information technology, human resources and communications.


United States

AUM ($B)




Chief Executive

Jay Huish 

Chief Investment Officer

Kurt Braitberg


Croce Alexander (“Al”) Casciato 

Asset allocation

34.5% Public Equity

21.3% Private Equity

14.9% Real Assets

14.2% Absolutue Return

7.2% Fixed Income

4.8% private Credit

3% Cash related articles
Asset Owner Directory