CONTRACTREJECTED

ClearBridge Investments Replaced as Small Cap Manager

City of Newport
Document date
Dec 31, 2024

The 30-second brief

What it covers

ClearBridge Investments was replaced as small cap core manager for City of Newport pension and OPEB portfolios in October 2024 due to performance concerns.

Who holds it

Clearbridge Investments holds this financial services contract with City of Newport. Its other public contracts on record include work for Kentucky Public Pensions Authority | Commonwealth of Kentucky and City of Sarasota.

What happens next

Term as filed: Through October 9, 2024 (replaced at that time).

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Contract details

Contract type
Financial Services
Document date
December 31, 2024
Term
Through October 9, 2024 (replaced at that time)
Source document
city-of-newportannual-report2024-12-31_408.pdf (Annual Report)

Clearbridge Investments's other public contracts

More City of Newport contracts

Questions about this contract

Who was awarded the financial services contract by City of Newport?

Clearbridge Investments was awarded this financial services contract by City of Newport, as recorded on December 31, 2024.

What type of contract is this?

This is a Financial Services contract, documented as a annual report record.

Where was this contract approved?

This contract appears in city-of-newportannual-report2024-12-31_408.pdf (Annual Report), dated December 31, 2024 from City of Newport. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Clearbridge Investments hold?

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

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