Sees targeted region for the fund as one of the healthiest in Europe. : Florida State Board of Administration is investing $125m (€107m) in real estate funds targeting Nordic and US markets. The pension fund confirmed to IPE Real Assets that it had approved a $50m commitment to the CapMan Nordic Real Estate Fund II. John Kuczwanski, manager of external affairs for the pension fund, said: “We view the targeted region for the fund as one of the healthiest in Europe.” The fund, managed by CapMan, will be buying assets in Sweden, Denmark, Finland and Norway.