Institution: Florida Retirement System Trust Fund
Headquarters: Tallahassee, United States
Allocation to alternatives: 17.50%
Florida Retirement System Trust Fund will continue with its investment plan for private equity in light of Covid-19, a source at the pension informed Private Equity International.
Over the next 12 months the pension will increase its allocation to private equity, and has no plans of slowing down. The $165.40 billion US public pension has a 6.0 percent target allocation to private equity that currently stands at 7.50 percent.
As illustrated below, the pension has historically committed to venture, growth and debt funds globally.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.