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New Castle County Awards Financial Services Contract to HARBOURVEST (April 2023)

New Castle County logoNew Castle County
Disclosed value
10% of OPEB asset allocation (amount not specified)
From minutes
Approved
Apr 27, 2023

The 30-second brief

What it covers

The OPEB Board approved entering into a contract with HarbourVest to transfer 10% of assets from public equity into private equity investments, pending contract completion and potential County Council approval.

Who holds it

HARBOURVEST holds this financial services contract with New Castle County. Its other public contracts on record include work for Town of Belmont and Louisiana Firefighters Retirement System Board of Trustees | State of Louisiana.

What happens next

Term as filed: 7 to 15 years (typical private equity investment horizon).

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Contract details

Contract type
Financial Services
Amount
10% of OPEB asset allocation (amount not specified)
Document date
April 27, 2023
Term
7 to 15 years (typical private equity investment horizon)
Vendor
HARBOURVEST
Agency
New Castle County
Source document
New Castle County OPEB Minutes April 2023 (Minutes)

HARBOURVEST's other public contracts

Town of Belmont, MassachusettsBelmont Board Schedules HarbourVest Investment Report · Oct 24, 2026UndisclosedLouisiana Firefighters Retirement System Board of Trustees | State of Louisiana, LouisianaFRS Board to Discuss HarbourVest Investment Implementation · May 14, 2026UndisclosedHousing Authority of Calvert county, MarylandSheriff’s Pension Commits $2.5M to HarbourVest · Mar 12, 2026$2.5MHousing Authority of Calvert county, MarylandERP Approves $1M HarbourVest Co-Investment Commitment · Mar 12, 2026$1MHousing Authority of Calvert county, MarylandOPEB Trust Approves $3M HarbourVest Commitment · Mar 12, 2026$3MAll HARBOURVEST contractsVendor profile

More New Castle County contracts

Northstar Mezzanine Partners Vi LPPension Board to Consider Northstar Fund Term Extension · Oct 15, 2026UndisclosedPictometry International CorporationCounty Considers Technology Funding for Pictometry International · Oct 12, 2026UndisclosedCRADLEPOINTCradlepoint Licenses Planned for Public Safety Devices · Oct 12, 2026UndisclosedCRADLEPOINTCradlepoint Licenses Planned Under 2024 Grant · Oct 12, 2026UndisclosedPictometry International CorporationCounty Proposes Six-Year Pictometry Technology Contract · Oct 12, 2026All New Castle County activityAgency profile

Questions about this contract

Who was awarded the financial services contract by New Castle County?

HARBOURVEST was awarded this financial services contract by New Castle County, as recorded on April 27, 2023. The contract value is 10% of OPEB asset allocation (amount not specified).

How much is the HARBOURVEST contract with New Castle County worth?

The HARBOURVEST contract with New Castle County is valued at 10% of OPEB asset allocation (amount not specified), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in New Castle County OPEB Minutes April 2023 (Minutes), dated April 27, 2023 from New Castle County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does HARBOURVEST hold?

HARBOURVEST 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 New Castle County currently buying?

Explore New Castle County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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