A new report details how investments by the Florida Growth Fund have created jobs and increased capital expenditures.
Source: www.bizjournals.com
The Florida Growth Fund, a private equity fund that invests money from Florida’s state retirement system, pumped about $7.9 million into companies in the Tampa Bay area in the past year. The fund now holds investments totaling $106.4 million as of June 30 in Hillsborough, Pinellas, Manatee and Sarasota counties, an increase of 7.9 percent year over year.
The larger MSA shows signs of vibrancy on many levels which is underscored by continued investment into the region.