The $240 billion State Board of Administration of Florida (SBA) upped its new commitments to the alternative investments space in the second quarter versus its Q1 allocations.
According to a report posted on SBA’s website, the fund made $1.7 billion in investment commitments in Q2, doubling its $851 million in aggregate alternative investment commitments in Q1.
SBA made commitments to 13 alternative investment managers in Q2, representing fresh capital allocations to its private equity, real estate, and distressed debt portfolios.
During the quarter, SBA committed $250 million to the private equity . . .
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