State Board of Administration of Florida related stories
All articles and analysis
GIP raises record $8.25bnGlobal Infrastructure Partners’ second fund – the largest infrastructure fund ever raised – has reached its revised hard cap, bringing its assets under management to more than $15bn.
- North Carolina hires CIO
The $77bn system has brought on former Florida SBA deputy executive director Kevin SigRist to take over investments.
- New Jersey loses investment official
Bryan Martin, who joined New Jersey last year to head up real estate and real assets and helped design the system’s innovative separate accounts business, has joined an insurance agency in Nebraska.
- Berkshire promotes Whelan to managing director
The Boston-based firm has added EJ Whelan to its existing team of 13 managing directors.
- Florida seeks managers for alternatives
The $155bn pension system plans to commit up to $6bn to alternatives over the next three years, including up to $2.5bn in private equity.
- Florida commits more than $200m to private equity
The $128bn pension system’s private equity portfolio soared in fiscal 2011, according to preliminary numbers.
- Public pensions shift funding structure
A global shift from guaranteed to employee-contributed public pensions raises questions about the future of private equity funding, writes Zoe Hughes.
- Florida SBA invests in Extended Stay debt
The pension system said in its quarterly report that private equity deal activity in the third quarter 'showed signs of life'.
- Florida increases real estate allocation to 7%
The pension's board, which manages about $110bn in assets, has also significantly increased the target for private equity, as well as strategic investments, which includes debt funds and infrastructure.
- Washington State to hire Hamilton Lane
Hamilton Lane has been selected to take over as the Washington State pension plan’s private equity mandate from Capital Dynamics.