The San Francisco Employees’ Retirement System (SFERS) has committed $75 million to Blackstone Energy Transition Partners V after setting a $500 million real assets pacing plan for fiscal year 2027.
This fund, managed by Blackstone, is a closed-end, opportunistic vehicle that invests in energy companies supporting clean, reliable and affordable energy. A fundraising goal has not been determined. The Teachers’ Retirement System of Louisiana committed $100 million to this fund in September.
In 2025, Blackstone Energy Transition Partners IV, its predecessor, closed with $5.6 billion in total equity.
SFERS, a public pension fund, had $40 billion in total assets under management, as of April 30.
