Florida State Board of Administration, Tallahassee, committed a total of $555 million to five private equity and real estate partnerships, according to John Kuczwanski, the board's communications manager.
In private equity, $150 million was committed to TrueBridge-Kauffman Fellows Endowment Fund II, €120 billion ($147 billion) to Apax VIII, $100 million to Denham Commodity Partners VI and $75 million to Colony Distressed Credit Fund II.
Also, an $83 million commitment was made to Carlyle Realty Partners VI.
Hamilton Lane, the board's private equity consultant, assisted in the search for Apax and Denham; Cambridge Associates, its strategic investment consultant, assisted on TrueBridge; and Townsend Group, its real estate consultant, for Carlyle and Colony, which is a private equity structure distressed commercial real estate fund.
The board oversees $149.7 billion in assets.