SBA Florida approves $225m commitment

The US public pension has backed GIP's fourth infrastructure fund.

Institution: Florida State Board of Administration
Headquarters: Tallahassee, United States
AUM: $200.94bn
Allocation to alternatives: 24.90%
Bitesize: $100-200m

Florida State Board of Administration (SBA Florida) has agreed to commit up to $225 million to Global Infrastructure Partners IV, a contact at the pension informed Infrastructure Investor.

As illustrated in the charts below, SBA Florida has made one other commitment to an infrastructure fund with a 2018 vintage: $65 million to EnCap Flatrock Midstream Fund IV.

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