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FSBA Allocates $225M To PE Funds

The Florida State Board of Administration, Tallahassee, has committed $225 million to private equity funds.

    TheFlorida State Board of Administration(FSBA)已承诺2.25亿美元的塔拉哈西private equity funds,Pensions & Investmentsreports. The pension scheme contributed $75 million toABRYPartners VII, $60 million toBerkshireFund VII, $50 million toFairview Special Opportunity Fundand $40 million toMontaguPrivate Equity Fund IV.

    The board’s private equity consultantHamilton Laneassisted in the searches that led to the mandates to the three buyout funds.Cambridge Associates, FSBA’s strategic investment consultant, assisted in the search that led to the appointment of Fairview, a venture capital fund.

    Click here for the story fromPensions & Investments.

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