News & Analysis

FRS Trust Fund approves $75m commitment

The US public pension has backed a North American agriculture fund.

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Institution: Florida Retirement System Trust Fund
Headquarters: Tallahassee, United States
AUM: $182.57 billion
Allocation to alternatives: 27.1%

Florida Retirement System Trust Fund has agreed to commit $75 million to Arbor Investments V, a contact at the pension informed Agri Investor.

In 2020, the Trust Fund committed $50 million to The Rise Fund II managed by TPG.

As illustrated below, Florida Retirement System Trust Fund has made five commitments to agriculture funds to date.

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