Florida State Board of Administration (Florida SBA) revealed that it committed a total of $125 million to two infrastructure funds in Q4 2017.
The SBA approved a $65 million commitment to EnCap Flatrock Midstream Fund IV. The $3.25 billion fund will be invested in the midstream sector of the North American energy industry.
The other commitment was $60 million investment in the Post Oak Energy IV, which will pursue equity investments in North American oil and gas companies, oilfield services and related infrastructure projects.
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