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Public commenters urge San Francisco retirement board to reassess private‑equity ties to RealPage and surveillance vendor Flock
Summary
Two public commenters told the San Francisco Retirement Board that pension investments connected to algorithmic rental‑pricing firm RealPage and to surveillance company Flock pose legal, ethical and financial risks; a retiree also described an insecure Voya check delivery and asked staff to investigate.
Ryan Lightner, a senior researcher with Bridal Equity Stakeholder Project, told the San Francisco Retirement Board that the system’s private‑equity exposure to a firm tied to RealPage could harm pension returns and residents. "We are urging SFERS to not make investments that have detrimental impacts on pensioners and the state of California at large," Lightner said while citing litigation and local bans he said affect RealPage’s business prospects.
Reem Soleiman, senior…
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