State Board of Administration of Florida overview
Stories about State Board of Administration of Florida
Florida SBA meeting takes aim at limits of private equity benchmarks
Members of the $219bn pension's investment advisory council weighed in on the relevance and sufficiency of performance benchmarks at a June meeting.
Florida SBA nears AI vendor selection to streamline data workflow for private markets
The tool could allow the US pension to redirect staff focus towards analysing distributions, such as those from dividend recaps, exits or CVs, CIO Lamar Taylor said at a meeting on Monday.
How Florida SBA uses AI to analyse its private markets exposure
The $219bn pension has been using tools like Copilot to assess distribution sources such as NAV loans, dividend recaps and exits related to its funds.
Minnesota hands CIO greater discretion over private markets investments
CIO Jill Schurtz will be able to commit up to $750m to commingled funds, separate accounts, secondaries transactions and dedicated co-invest vehicles.
Florida SBA’s Bradley: Retail capital driving down secondaries returns
The $200bn pension now places a greater focus on the CV market, which is less crowded by retail capital, according to senior investment officer John Bradley.
PE deals are migrating from generalist to sector-orientated models
Fund managers are increasingly focusing on specialisation in the dealmaking and operating stages in order to gain a competitive edge.
State Board of Administration of Florida reveals new commitments
The State Board of Administration of Florida has announced three new commitments towards private equity, including the backing of two co-investment vehicles.
Florida SBA faces setback in efforts to introduce CFOs
The $257bn pension has been seeking alternatives to secondaries sales to avoid taking massive discounts in such transactions.
State Board of Administration of Florida contact information
Offices
1801 Hermitage Boulevard, Suite 100, Tallahassee, 32308, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
 Mr. Chris Spencer | Job titleExecutive Director | LocationTallahassee, United States | Email  --------- |
| Mr. Clark Griffith | Job titleSenior Portfolio Manager, Private Equity | LocationTallahassee, United States | Email ----- |
| Mr. Davies Hoy | Job titleAnalyst, Private Equity Invetsments | LocationTallahassee, United States | Email -------- |
| Mr. Jack Tyndall | Job titleAssistant Portfolio Manager | LocationTallahassee, United States | Email -------- |
State Board of Administration of Florida fund commitments
Known fund commitments : 466
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ---------- | Commitment dateJan 2025 | Commitment size$30m | |
Manager ------ | Commitment date- | Commitment size ---------- | |
Manager ------ | Commitment dateJan 2023 | Commitment size ---------- | |
Stories that mention State Board of Administration of Florida
Side Letter: On a roll
In today's edition, LPs reckon CVs are here to stay; The proportion of GPs using such mechanisms doubles.
A question of benchmarking
Institutional investors are right to be increasingly curious about the best ways to evaluate their PE portfolio performance.