The $208 billion Florida State Board of Administration allocated $2.3 billion across a variety of alternative investments in the third quarter, including distressed debt, private equity and real estate investments.
The busy quarter was punctuated by $1.3 billion in private debt allocations across a spectrum of investment strategies.
The debt funds added were: Apollo Capital’s Apollo Accord Fund IV ($200 million); Audax Management Company’s Audax Mezzanine Fund V‐A, LP ($200 million); DoubleLine Capital’s DoubleLine Opportunistic Income LP ($100 million); Highbridge Capital’s Highbridge Convertible Dislocation Fund, L.P. ($200 . . .
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