Florida State Board of Administration
9 statements across 1 episodes · 4 bullish · 3 bearish · 1 people on the record · first statement Jul 8, 2019 by Ash Williams · said 30 times in 2 episodes since 2019 · across every show →
Mentions by year
brought up most by Ash Williams (23), Ted Seides (6), Muthu Muthiah (1)
tap a year for its mentions
2023 1 mention in 1 episode
2019 29 mentions in 1 episode
Everything said about Florida State Board of Administration, oldest first
Jul 8, 2019 positive
Pensions Hold Fixed Income for Crash Liquidity, Not for Yield Returns
“It's not to get the marginal negative three percent. It's there because if the bottom falls out of the equity market, There will be a flight to safety, which will be fixed income. That will be the liquid asset that will be appreciated at the time, and you can …”
Jul 8, 2019 neutral
Jul 8, 2019 positive
Florida SBA Bought Cheap Secondaries From Cash-Strapped Endowments During 2008
“So there were lots of very prestigious institutions, endowments and what have you, who were longer illiquid investments, and particularly those subject to capital calls, than they realized they were. And they got in a liquidity pinch In late oh eight, early oh…”
Jul 8, 2019 positive
Florida SBA Manages 60% of Its Real Estate Directly With No Leverage
“To this day is a unique model in that we manage about 60% of that book, or a little over half, in what we call our principal portfolio, which means we own the properties directly, and we manage them ourselves, and we often have them with not a great deal of le…”
Jul 8, 2019 negative
Jul 8, 2019 negative
Fiduciary Duty Must Trump Political Divestment Mandates For Pension Managers
“Listen, we really need to separate the fiduciary duty and the political policy as it relates to health and dangerous products like cigarettes, because I can't really hold a manager accountable for beating the S&P 500 and then tell him he can't own one of the f…”
Jul 8, 2019 negative
Jul 8, 2019 positive
State Laws Give Florida SBA Superior Legal Terms in PE Contracts
“I think the majority of them we would have some superiority in terms, and the reason I think that's a pretty safe statement is there's some things that are required under Florida law that are inconsistent with most GP's documents. So, for example, one thing we…”