US pension SFERS commits up to $71.4m to BGH Capital's second fund

US pension SFERS commits up to $71.4m to BGH Capital's second fund

BGH Capital founding partner Ben Gray. Photo: BGH Capital website

San Francisco City and County Employees’ Retirement System (SFERS) has committed up to A$100 million ($71.4 million) to Melbourne-based BGH Capital’s second private equity fund.