IBank Engages Recast Capital as Second External Consultant

IBank entered into an Investment Services Agreement effective July 31, 2025 with Recast Capital, appointed under Resolution 25-12 as a second External Consultant to its Expanding Venture Capital Access Program. Recast Capital supports sourcing, due diligence, and recommendations for venture capital fund and co‑investment opportunities.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Investment Services Agreement effective July 31, 2025 (term not stated)

Renewal

Appointment approved by Resolution 25-12 with an Investment Services Agreement effective July 31, 2025; renewal or termination provisions are not described in this document.

Document type

Resolution

Source document

California Infrastructure and Economic Development Bank Resolution 26-10 Approving Amended and Restated Criteria for Venture Program 2026-07-22

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California Infrastructure and Economic Development Bank Resolution 26-10 Approving Amended and Restated Criteria, Priorities, and Guidelines for IBank’s Expanding Venture Capital Access Program 2026-07-22

ONGOING

Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), CaliforniaJul 22, 2026

California Infrastructure and Economic Development Bank Staff Report The Expanding Venture Capital Access Program 2026-07-22

AWARDED

Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), CaliforniaJul 22, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank)?

Recast Capital was awarded this financial services contract by Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank), as recorded on July 22, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in California Infrastructure and Economic Development Bank Resolution 26-10 Approving Amended and Restated Criteria for Venture Program 2026-07-22 (Resolution), dated July 22, 2026 from Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Recast Capital hold?

Recast Capital 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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What is Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank) currently buying?

Explore Governor‚Äôs Office of Business and Economic Development - California Infrastructure and Economic Development Bank (IBank)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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