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: CVs not so attractive 'when we put our LP hat on'
A key concern is that a GP may not have market-tested the highest selling price of an asset, according to the $212bn pension's senior investment officer for PE.
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.
State Board of Administration of Florida contact information
Offices
1801 Hermitage Boulevard, Suite 100, Tallahassee, 32308, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Mr. Lamar Taylor | Job titleChief Investment Officer | LocationTallahassee, United States | Email  ------- |
| Mr. Jim Treanor | Job titleDeputy Chief Investment Officer | LocationTallahassee, United States | Email ------- |
| Mr. Wes Bradle | Job titleHead of Private Equity Co-Investments | LocationTallahassee, United States | Email -------- |
| Mr. John Bradley | Job titleSenior Investment Officer, Private Equity | LocationTallahassee, United States | Email ------- |
State Board of Administration of Florida fund commitments
Known fund commitments: 464
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ----------- | Commitment dateJan 2025 | Commitment size$30m | |
Manager ----- | Commitment dateFeb 2025 | Commitment size -------- | |
Manager ----- | Commitment date- | Commitment size ----- | |
Stories that mention State Board of Administration of Florida
Alaska Permanent latest to mull PE benchmark review
Staff have raised concerns over the inclusion of a 12% private debt allocation in its private equity benchmark, as well as the total exclusion of energy investments.
How the top LPs benchmark their PE investments – updated
PEI analysis exposes the immense variety in benchmarking approaches from 20 of private equity's largest investors.
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.
Side Letter: Gating-gate
In today's edition, Blue Owl's recent asset sale has thrust semi-liquids into the spotlight; Partners Group tries to assuage investors' AI concerns; Gridiron Capital is back in the market.
OpCapita, after 20 years, closes shop as founder Jackson plans to relocate
Oversight of the firm's four remaining assets and the wind-down process is expected to fall to two members of the firm’s management team.
Most LPs choose liquidity over rolling into continuation funds – report
Nearly one-quarter of LPs have seen evidence of CV-on-CVs, according to Coller Capital’s latest investor survey.
CVs account for nearly one-fifth of sponsor-backed exits – KPMG study
Some GPs view continuation vehicles as 'temporary measures', according to the financial services firm.