Also known as FRS
The Florida Retirement System's investment portfolio is valued at $180.40 billion as of February 28, 2023, with investments in private equity, real estate, hedge funds, publicly traded equities, fixed-income securities, cash, and other alternative asset classes. Its returns for 1 year, 3 years, 5 years, 10 years, 15 years, and 20 years were -4.35%, 8.24%, 6.57%, 7.78%, 6.63%, and 8.14%, compared to the benchmark return of -4.23%, 7.18%, 5.53%, 6.83%, 5.82%, and 7.49%, respectively. As of February 28, 2023, the private equity portfolio was valued at $17.31 billion, representing 9.6% of the total portfolio. This is an increase compared to December 31, 2022, when the private equity portfolio was valued at $17.23 million. The private equity portfolio is within the target range of 2%-12%. Investments in private equity include buyouts, co-investment, diversified private equity, mezzanine, private equity growth expansion, and venture capital strategies. The plan's investments are governed by the board members, with Mr. Ron DeSantis serving as Chairman of the Board of Trustees at the Florida State Board of Administration. Hamilton Lane serves as the LP Consultant.
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The Florida Retirement System is a public pension fund based in Tallahassee, United States, managing approximately $180.0B in assets.
The Florida Retirement System is headquartered in Tallahassee, United States.
The Florida Retirement System manages approximately $180.0B in assets under management.
The Florida Retirement System was founded in 1970.
The Florida Retirement System focuses on Buyout, Co-Investment, Direct Lending, Distressed Debt, Private Equity, Growth/Expansion, Hedge Fund, Mezzanine.
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