---
title: Florida SBA Commits $2.5B to Alts, Global Equity, Fixed Income
description: Florida SBA Commits $2.5B to Alts, Global Equity, Fixed Income.
---

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# [Florida SBA Commits $2.5B to Alts, Global Equity, Fixed Income](https://dakotafunds.com/dakota-funds/fundraising-news/florida-sba-commits-2.5b-to-alts-global-equity-fixed-income)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | August 10, 2023

The Florida State Board of Administration has disclosed new investments made in Q2 of 2023.

$150 million was allocated to the Wellington Core Plus fixed income strategy.

Schroders Hybrid Energy, a global equity strategy, was allocated $400 million.

In private equity, $200 million was committed to Hellman & Friedman Capital Partners XI. $600 million was committed to Lexington Co-Investment Partners VI-F. Quantum Energy Partners VIII received a $86 million commitment. An additional $14 million was committed to the Quantum Energy Partners VIII Co-Investment Fund. Quantum Energy is a new manager for the SBA. $200 million was allocated to Asia Alternatives FL Investor IV. $75 million was committed to Hahn & Company IV and $25 million was committed to Hahn & Company IV-S. 

In real estate, approximately $180 million was committed to Central Port Logistics I, a joint venture managed by Core and Value Advisors. Another joint venture fund, KCS Icebox Venture managed by L&B Realty was allocated an additional $92.6 million. NorthPoint Tampa, a joint venture managed by MetLife Investment Management was allocated $274 million. The value-add real estate fund, Fairfield US Multifamily Value Add Fund IV was awarded a $100 million commitment. $75 million was invested in Bell Partners Value-Add Fund VIII. Bell Partners is a new manager for the SBA. Lastly, $150 million was committed to the Crestline Forgotten Coast Fund.

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