Florida SBA backs Warburg, Stone Point in Q4


florida state board of administration, private equity, pension fund
  • $186.2 bln pension system re-ups $143 mln across two funds
  • Also makes $450 mln across debt, special-situations strategies
  • PE portfolio valued at $9.1 bln
Florida State Board of Administration re-upped with two private equity funds in Q4. Florida’s $186.2 billion pension and trust system allocated $75 million to Stone Point Capital and $68 million to Warburg Pincus’s debut dedicated China fund, spokesman John Kuczwanski said. Stone ...

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