Hefty exposure to technology investments combined with swift action by managers helped lessen the impact of the coronavirus on the private-equity portfolio of Florida’s largest public pension fund, the Florida State Board of Administration, which manages the pension, said in a recent presentation.
Nearly 44% of the market value of Florida Retirement System Pension Plan’s $12.8 billion private-equity portfolio was either invested, or slated to be invested, in information technology, according to documents prepared by the Florida…
