State Board of Administration of Florida Email Format
Investment ManagementFlorida, United States201-500 Employees
The State Board of Administration of Florida functions as the state's investment authority, managing the Florida Retirement System's assets and other funds on behalf of employees and beneficiaries. It oversees the management of the FRS Pension Plan, a major public pension fund in the United States. The organization emphasizes long-term, risk-aware investing and adherence to high fiduciary standards to protect those it serves. Based in Tallahassee, Florida, the SBA operates within the investment management industry and is regarded as one of the largest institutional investors globally. In 2024, Chris Spencer was appointed as executive director, marking a leadership development for the board.