Asset Owner Directory

Florida State Board of Administration

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.

Country

United States

AUM ($B)

$250

Performance

29.46

Chief Executive

Lamar Taylor

Chief Investment Officer

Lamar Taylor

Chair

Governor Ron DeSantis

Asset allocation

Portions of the global equity, fixed income and real estate portfolios are externally managed. Asset allocation as per June 30, 2020.

54.1% Global Equity

18.3% Fixed Income

1.8% Cash & Cash Equivalents

9.7% Real Estate

7.2% Private Equity

8.9% Strategic Investments

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of November 30, 2021. All information is as per the most recent annual report or other publicly available data via the fund's website

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