{
Florida State Board of Administration

Companies

}

florida pension plans to sell up to 4 billion in private credit

The Florida State Board of Administration plans to sell private credit stakes valued between $3 billion and $4 billion, marking one of the largest transactions of its kind. This move aims to reduce exposure to higher-yielding opportunistic credit while increasing investments in mainstream direct lending. The sale may be structured in multiple parts, allowing funds to select specific portfolio segments.
Bloomberg.com
United States Dollar Florida State Board of Administration USA
Finance & Economy, Market Report
20:46 23.10.2024
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