Florida fund puts $200m into buyout funds

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Florida State Board of Administration (FSBA) has committed $200m (£139m) to private equity investments.

The FSBA, which manages the $102bn (£65.5bn) Florida Retirement System, has given $100m (£70m) to Willis Stein & Partners to invest in buyout funds. The fund has also given out two $50m (£35m) mand...

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