Pension Boards Terminate Cambiar as Equity Manager

The Pension Boards voted to terminate Cambiar as a Small/Mid Cap Value manager for both the Fire Fighters' and Police Officers' pension funds due to underperformance. This action ends Cambiar’s role in managing that asset class for the plans.

Document date · August 22, 2025

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Board actions terminate Cambiar’s Small/Mid Cap Value mandate for both pension funds; no replacement term with Cambiar remains for that role.

Document type

Minutes

Source document

Fire Fighters and Police Officers Pension Boards Meeting Minutes August 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Ormond Beach?

CAMBIAR was awarded this financial services contract by City of Ormond Beach, as recorded on August 22, 2025.

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 Fire Fighters and Police Officers Pension Boards Meeting Minutes August 2025 (Minutes), dated August 22, 2025 from City of Ormond Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does CAMBIAR hold?

CAMBIAR 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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