The State Board of Administration (SBA) is created by the Florida Constitution as Florida’s principal independent Investment Management Organization. The SBA is primarily responsible for investing the proceeds of the Florida Retirement System Pension Plan, administering the Florida Retirement System Investment Plan, managing the Florida Hurricane Catastrophe Fund and running Florida PRIME, as well as investing the proceeds of more than 25 other funds directed to the SBA by the Florida Legislature. The Executive Director and CIO manages approximately 200 professional investment and administrative support staff.
United States
$212
10.32
Chris Spencer
Lamar Taylor
Based on Florida Retirement System Investment Plan
Governor Ron DeSantis
1.2% Cash
20.4% Fixed Income
48.8% Global Equity
9% Private Equity
9.4% Real Estate
6% Strategic Investments
5.4% Active Credit
Asset allocation as of June 30, 2025. All information is as per the most recent annual report or other publicly available data via the fund's website
