FSBA Invests $224M In PE Funds

Florida State Board of Administration has committed a total of $224 million to three private equity partnerships.

Florida State Board of Administration has committed a total of $224 million to three private equity partnerships, Pensions & Investments reports. The board committed $99 million to the BC European Capital IX and $75 million to the EnCap Energy Capital Fund VIII.

It has also contributed $50 million to the Cortec Group Fund V. The private equity consultant of the $160.3 billion board, Hamilton Lane, helped in the searches.

Click here for the story from Pensions & Investments.

Related