Florida State Board of Administration, Tallahassee, committed $75 million to ABRY Partners VII, $60 million to Berkshire Fund VII, $50 million to Fairview Special Opportunity Fund and $40 million to Montagu Private Equity Fund IV.
Hamilton Lane, the board’s private equity consultant, assisted in the searches that led to the hiring of ABRY, Berkshire and Montagu, all buyout funds, according to John Kuczwanski, FSBA communications manager. Cambridge Associates, FSBA’s strategic investment consultant, assisted in the search that led to the hiring of Fairview, a venture capital fund.
The board oversees $158.8 billion in assets.