Florida SBA places $1.5bn in alts in Q2

The $235 billion State Board of Administration of Florida added 11 alternative investment managers totaling $1.5 billion in fresh capital across real estate, private equity and distressed debt.

The moves follow the $1 billion in allocations that were made in the first quarter of this year.

Real estate funds, much of them with a U.S. focus, led the way collecting approximately $715 million across 6 distinct offerings.

Real asset . . .

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