Florida State Board of Administration has committed $100 million to CarVal Investors Credit Value Fund A, Pensions & Investments reports. The board has also allocated $75 million to the TPG Airline Credit Opportunity Fund II.

The board is also mulling making commitments to the Colony Distressed Credit Fund II and Blackstone’s GSO Capital Opportunities II fund. The state board has about $152.2 billion in assets under management.

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