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.
For . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
