Florida SBA approves $125m in commitments to two value added funds

The US public pension has backed two value added funds.

1 November 2017

In Q3 2017, the Florida State Board of Administration committed $50 million to Capman Real Estate II and $75 million to Heitman Value Fund IV.

The $196 billion US public pension has a 10 percent target allocation to real estate that currently stands at 8.8 percent.

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

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