---
title: Florida SBA Commits $1.45B to Alts
description: Florida SBA Commits $1.45B to Alts
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/lance-asper-G9fpJ0OozaI-unsplash.jpg
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# Florida SBA Commits $1.45B to Alts

**Written by: ** Helen Bascom, Marketing Associate 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/lance-asper-G9fpJ0OozaI-unsplash.jpg)

The Florida State Board of Administration has disclosed 10 commitments to alternatives in Q3 totaling $1.458 billion. 

In private equity, $150 million was allocated to Searchlight Capital Partners IV, $200 million to CVC Capital Partners IX, $200 million to KPS Special Situations Fund VI, $75 million to KPS Special Situations Mid-Cap II, $100 million American Industrial Partners Capital Fund, $50 million to Brynwood Partners IX, and $200 million to Aegon FSBA Strategic Fund II. 

In real estate, $105 million was allocated to KCS Icebox Ventures managed by L&B Realty, $45 million to Heitman Coinvest Red Arrow, and $333 million to Heitman Montecito III. 

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