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San Francisco City & County Retiree Health Care Trust Fund
The San Francisco City & County Retiree Health Care Trust Fund was established to manage health-plan assets for city and county retirees. Paul Denning serves...
San Francisco City & County Retiree Health Care Trust Fund
The San Francisco City & County Retiree Health Care Trust Fund was established to manage health-plan assets for city and county retirees. Paul Denning serves as board president with David C. Salem as vice president; additional members include Al Casciato, Katharine Petrucione and Pauline A. Marx. The fund allocates across real-estate vehicles and venture-capital strategies. Confirmed holdings comprise AEW Core Property Trust and TA Core Property Trust in the United States plus Sculptor Real Estate Fund V on a global basis. The San Francisco Employees' Retirement System supplies investment and custody infrastructure while the San Francisco Community College District participates through its own sub-trust. Board composition and asset list constitute the only dated operational details available. No additional offices or headcount figures appear in the record. Governance rests with elected and appointed board members drawn from active and retired employee groups plus controller and treasurer appointees, creating a public-sector oversight structure distinct from typical single-family offices.
General information
Firm type
Pension Fund
Year founded
2008
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, United States
Principals
Paul Denning
President of the RHCTF Board
David C. Salem
Vice President of the RHCTF Board
Al Casciato
Board Member
Katharine Petrucione
Board Member
Pauline A. Marx
Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at the San Francisco City & County Retiree Health Care Trust Fund?
Paul Denning serves as board president. David C. Salem acts as vice president. The board includes three additional members appointed or elected under city charter provisions.
How is the fund related to the San Francisco Employees' Retirement System?
SFERS supplies administrative, custody and investment support. The relationship is described as a business partnership in the research record.
What asset classes appear in the portfolio?
Holdings include U.S. commercial real-estate trusts and a global real-estate fund. Strategy references also list venture capital and macro exposures.
Does the fund maintain sub-trusts for other employers?
Yes. The San Francisco Community College District maintains a dedicated sub-trust within the RHCTF.
Where does the fund hold real-estate exposure?
Positions are recorded in AEW Core Property Trust and TA Core Property Trust in the United States plus Sculptor Real Estate Fund V globally.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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