Florida State Board of Administration

Overview

The Florida State Board of Administration manages assets for the Florida Retirement System and other state investment mandates.¹

The Florida Retirement System Pension Plan supports retirement benefits for Florida public employees.¹

Estimated AUM: $234.8B as of May 29, 2026³
Capital pool: state investment board for public pension assets²
Investment model: State investment board model managing the FRS Pension Plan and other mandates.¹
Investment approach: FRS Stable Value Fund (350) Inflation Protection funds invest in a diversified array of assets that may help offset inflationary pressures.⁴
Spending support: Not listed yet
Spending policy: Not listed yet
Asset allocation: Public evidence references these asset classes or allocation areas: venture capital, real estate, fixed income.⁴
Performance: Not listed yet
Governance: FRS Pension Plan Total Assets $234,838,279,798.03 unaudited as of May 29, 2026 FRS Investment Plan Total Assets $24,579,757,086.59 unaudited as of May 29, 2026 --> Performance Report to the Trustees - Florida Retirement System Pension Plan and Investment Plan performance report, provided by the State Board of Administration to the Trustees.³
Investment team: Not listed yet³
Unfunded commitments: Not listed yet
Source freshness: Last verified Jul 3, 2026 · Verified

Last verified Jul 3, 2026 from public career and organization materials.

Website (sbafla.com)Parent organization overview, Pool purpose, Investment model, Investment office page · checked Jul 3, 2026
Website (sbafla.com)Institution type, Capital pool, Headquarters · checked Jul 3, 2026
Website (myfrs.com)Estimated AUM, Governance, Investment team · checked Jul 3, 2026
Website (myfrs.com)Investment approach, Asset allocation · checked Jul 4, 2026