FINANCIAL_SERVICESTERMINATED

Conestoga SMID Cap Strategy Terminated for Town Pension

The Town of Monroe’s advisor has recommended terminating the Conestoga SMID Cap Institutional mandate in Q2 2026 after extended underperformance, firm asset declines, and portfolio management turnover. The 4.5% allocation will be redirected to higher-conviction alternatives.

Status
TERMINATED
Document date
July 23, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Conestoga Smid Cap Instl
Agency
Town of Monroe · CT

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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

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal date
2026-06-30
Renewal
Originally placed on Watch in Q3 2025 and moved to Terminate in Q2 2026, indicating the mandate should be exited rather than renewed or extended.
Document type
Agenda
Source document
Town of Monroe Pension Committee and OPEB Board of Trustees Agenda 2026-07-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Monroe?

Conestoga Smid Cap Instl was awarded this financial services contract by Town of Monroe, as recorded on July 23, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Monroe Pension Committee and OPEB Board of Trustees Agenda 2026-07-23 (Agenda), dated July 23, 2026 from Town of Monroe. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Conestoga Smid Cap Instl hold?

Conestoga Smid Cap Instl 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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