Florida PE portfolio nets $700 mln-plus in 2017

Florida State Board of Administration, pension fund, private equity
Revelers enjoy a ride over the South Florida Fair in West Palm Beach, Florida on Jan. 27, 2018. Photo by Sam Sutton.
Florida State Board of Administration’s private equity portfolio netted more than $700 million for the state’s investment program in 2017. The board, which oversees $205 billion of state assets including the $162 billion retirement system, generated the bulk of its ...

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