The State Board of Administration (SBA) of Florida has disclosed seven new commitments to real estate funds in its Q3 2022 New Managers report.
The lion’s share of the commitments — $200 million — went to Tilford Yards, a direct owned/core account managed by Core & Value Advisors (Stockbridge). The list also includes commitments of $100 million each to ISAF II, managed by Edelweiss Alternative Asset Advisors; EQT Exeter Industrial Value Fund VI, managed by Exeter Property Group; and $2.885 million in Meadowlands Composite Industrial Inc. 99, managed by L&B Realty Advisors.
In addition, SBA Florida disclosed separate investments in Montecito 300 Ventures II, managed by Heitman Capital Management, in the amounts of $13.72 million, $13.5 million and $11.6 million.
All were existing managers for the pension fund.
