The Florida State Board of Administration (SBA) will, in the coming months, seek for the second time to have the state’s legislature raise the public pension plan’s limit on investments in alternative asset classes from 20% to 30%, said Lamar Taylor, the SBA’s interim director and chief investment officer, at the SBA’s Aug. 23 meeting.
Separately, Florida Governor Ron DeSantis is pushing back on the use of environmental, social and governance (ESG) criteria in his battle against socially conscious culture, which the Republican governor says is weakening American society.
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