Florida Growth Fund

Established in 2009, the Florida Growth Fund manages $500 million of capital dedicated to prudent investment in technology and growth related businesses with significant presence in the state of Florida. The Florida Growth Fund will seek to enhance Florida's capacity for development, growth and innovation while simultaneously generating an attractive return for the Florida State Board of Administration. The fund will make investments into other Private equity funds, as well as invest directly into companies through a co-investment with another institutional investor. While the Fund will target a variety of businesses and industries, examples include: Clean technology or renewable resources, Biotechnology, Pharmaceuticals, Healthcare and healthcare services, Medical and life sciences, Information technology, Telecommunications, Aerospace, and Defense technologies. The fund is managed by Hamilton Lane, which has approximately $24 billion in discretionary assets under management, along with oversight of an additional $147 billion in advisory assets.