Out Of State Regulations:
Fla. Stat. ch. 517.021(13)(b)(7): The term "investment adviser" does not include "Any person who does not hold herself or himself out to the general public as an investment adviser and has no more than 15 clients within 12 consecutive months in this state."
In State Regulations:
(NOT NECESSARY)
Comments on this regulation:
Exemption based on definition of investment adviser and definition of client, where one fund = one client. See Fla. Stat. § 517.021(13) for definition of investment advisor and exceptions.
State Regulations Website:
Click to view
Fla. Stat. ch. 517.021(13)(b)(7): The term "investment adviser" does not include "Any person who does not hold herself or himself out to the general public as an investment adviser and has no more than 15 clients within 12 consecutive months in this state."
In State Regulations:
(NOT NECESSARY)
Comments on this regulation:
Exemption based on definition of investment adviser and definition of client, where one fund = one client. See Fla. Stat. § 517.021(13) for definition of investment advisor and exceptions.
State Regulations Website:
Click to view
JUNE 22, 2009
Florida's State Board of Administration has launched a $250m growth capital fund of funds that will invest in technology and growth-related businesses with a presence in the US state.
The Florida Growth Fund, to be managed by private equity fund of funds manager Hamilton Lane, will invest on behalf of the Florida Retirement System Pension Fund.
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