Florida SBA commits $350m

The US public pension has backed a global and North America-focused fund.

Florida State Board of Administration committed $200 million to GSO Capital Opportunities III and $150 million to Crescent Mezzanine Partners VII.

The $180 billion pension fund has a 21.2 percent allocation to alternatives including private debt.

Platinum subscribers may click here for Florida SBA’s full profile, including key contacts, allocation strategy and fund investments.