Florida State Board of Administration, Tallahassee, committed $50 million to Thomas H. Lee Equity Partners V; $50 million to Ripplewood Partners II; and $100 million to Willis Stein & Partners III, said Frank Fernandez, who oversees nearly $3.8 billion in private equity assets at the $100 billion system. Funding for the three buyout funds will come from the private equity portfolio.
Florida State Board of Administration, Tallahassee, committed $50...
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