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City of Lakeland Awards $18,000,000 Investment Contract to Adams Street (December 2024)

City of Lakeland logoCity of Lakeland
Disclosed value
$18,000,000
From meeting minutes
Approved
Dec 3, 2024

The 30-second brief

What it covers

Investment Committee approved $18M Private Equity investment to Adams Street, who will co-invest with other general partners to gain exposure with cheaper fees.

Who holds it

Adams Street holds this investment contract with City of Lakeland. Its other public contracts on record include work for Oklahoma Firefighters Pension and Retirement System | State of Oklahoma and Regional Transportation Authority.

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Contract details

Contract type
Investment
Amount
$18,000,000
Document date
December 3, 2024
Term
NA
Vendor
Adams Street
Agency
City of Lakeland
Source document
city-of-lakeland-meeting-minutes-2024-12-03_4fc.pdf (Meeting Minutes)

Adams Street's other public contracts

Oklahoma Firefighters Pension and Retirement System | State of Oklahoma, OklahomaBoard Schedules Adams Street Investment Manager Discussion · Sep 18, 2026UndisclosedRegional Transportation Authority, IllinoisAdams Street Not Selected As Private Equity Manager · Nov 14, 2025UndisclosedHOUSING AUTHORITY OF THE city OF LAKELAND, FloridaBoard Approves $18M Private Equity Investment with Adams Street · Jan 21, 2025$18MHOUSING AUTHORITY OF THE city OF LAKELAND, Florida$18M Private Equity Co-Investment Awarded to Adams Street · Dec 3, 2024$18MCity of Lakeland, Tennessee$18M Private Equity Mandate Awarded to Adams Street · Dec 3, 2024$18MAll Adams Street contractsVendor profile

More City of Lakeland contracts

Shelby County TennesseeLakeland Approves Shelby County ADA Playground Agreement · Oct 22, 2026UndisclosedAPAC-TENNESSEELakeland Considers APAC-Tennessee Canada Road Contract · Oct 22, 2026UndisclosedTraf-mark Industries LLCLakeland Approves Traf-Mark Pavement Marking Work · Oct 22, 2026UndisclosedVERTOSOFTLakeland Authorizes Vertosoft OpenGov HCM Agreement · Oct 22, 2026UndisclosedFisher & Arnold IncLakeland Approves Fisher & Arnold Road Inspection Contract · Oct 22, 2026UndisclosedAll City of Lakeland activityAgency profile

Questions about this contract

Who was awarded the investment contract by City of Lakeland?

Adams Street was awarded this investment contract by City of Lakeland, as recorded on December 3, 2024. The contract value is $18,000,000.

How much is the Adams Street contract with City of Lakeland worth?

The Adams Street contract with City of Lakeland is valued at $18,000,000, covering investment work.

What type of contract is this?

This is a Investment contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-lakeland-meeting-minutes-2024-12-03_4fc.pdf (Meeting Minutes), dated December 3, 2024 from City of Lakeland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Adams Street hold?

Adams Street may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Lakeland currently buying?

Explore City of Lakeland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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