TALLAHASSEE — Chief Financial Officer Jeff Atwater says state Sen. Mike Fasano should be allowed to review documents from the State Board of Administration regarding a $125 million pension investment.
Fasano previously had requested the documents from SBA executive director Ash Williams but was told they would cost $10,750 to produce.
In a letter sent to Williams Thursday, Atwater said Fasano, R-New Port Richey, should not be charged to access publicly available records.
At issue is the SBA's decision to invest public pension money in a hedge fund called Starboard Value and Opportunity, a spinoff of Ramius LLC. Williams signed off on the investment in 2010 after exchanging e-mails with Ramius' president, Thomas Strauss. Strauss was a client at Fir Tree Partners, a hedge fund where Williams was a managing director before taking over the SBA in October 2008.
Earlier this week, Attorney General Pam Bondi called the $10,750 invoice to review the records "indefensible."