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FINANCIAL_SERVICESAPPROVED

Fire and Police Pension Fund, San Antonio Board of Trustees Meeting Minutes March 2026

Board Redeems $20M from IMC for Liquidity

$20,000,000 transfer out for rebalancingSan Antonio Fire Protection DistrictIMCMarch 25, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Board approved redeeming $20 million from IMC’s international small cap portfolio to bolster the Pension Fund’s cash position for upcoming obligations. IMC remains an active international small cap manager for the Fund despite the partial redemption.

Contract Details

Contract Amount

$20,000,000 transfer out for rebalancing

Vendor

IMC

Agency

San Antonio Fire Protection District, MO

Contract Type

FINANCIAL_SERVICES

Document Date

March 25, 2026

Renewal Info

Longstanding investment relationship initiated in 2015; current action only rebalances assets without modifying underlying agreement.

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