Institution: Florida Retirement System Trust Fund
Headquarters: Tallahassee, US
AUM: $183.47 billion
Allocation to alternatives: 26.5%
Florida Retirement System Trust Fund has approved $150 million-worth of commitments across three private equity funds, according to the Q3 new managers report on the pension’s website.
Florida SBA has a 6 percent target allocation to private equity, which currently stands at 9 percent.
As illustrated below, the pension fund’s recent commitments have targeted various strategies across North America and Western Europe.
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