The statutory and fiduciary mandate of the State Board of Administration of Florida is to invest, manage and safeguard assets of the Florida Retirement System Trust Fund as well as the assets of a variety of other funds. The SBA manages 25 different investment funds and trust clients. Headquarters: Tallahassee, FL Founded: 1943 Key people: Richard L. Scott; (Chairman); Ashbel C. Williams; (Executive Director & CIO) Subsidiary: Florida State Board of Administration, Research Division

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