Hamilton Lane receives commitment from Florida Retirement System Trust Fund

Florida Retirement System Trust Fund has backed the second tranche of its separate account managed by Hamilton Lane.

Institution: Florida Retirement System Trust Fund
Headquarters: Tallahassee, United States
AUM: $165.40bn
Allocation to alternatives: 24.90%
Bitesize: $100-200m

Florida Retirement System Trust Fund has agreed to commit $125 million to Hamilton/Florida Growth Fund II Tranche II, a contact at the pension informed Secondaries Investor.

The $164.40 billion US public pension has backed the second tranche of its separate account with Hamilton Lane.

As illustrated in the charts below, the trust fund has made four commitments to secondaries funds with a 2018 or 2019 vintage, which combined constitute $700 million.

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