Borough of Midland Awards Investment Management Contract to Federated Hermes (January 2025)
Borough of MidlandCity · Midland, PA- Approved
- Jan 15, 2025
The 30-second brief
Federated Hermes, Inc. has been selected as the new investment manager, replacing WesternAsset, after a motion was approved.
Federated Hermes holds this investment management contract with Borough of Midland. Its other public contracts on record include work for West Virginia Board of Treasury Investments | State of West Virginia and City of Cheyenne.
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Contract details
- Contract type
- Investment Management
- Document date
- January 15, 2025
- Term
- NA
- Vendor
- Federated Hermes
- Agency
- Borough of Midland
- Source document
- borough-of-midlandmeeting-minutes2025-01-15_f66.pdf (Meeting Minutes)
Federated Hermes's other public contracts
More Borough of Midland contracts
Questions about this contract
Who was awarded the investment management contract by Borough of Midland?
Federated Hermes was awarded this investment management contract by Borough of Midland, as recorded on January 15, 2025.
What type of contract is this?
This is a Investment Management contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in borough-of-midlandmeeting-minutes2025-01-15_f66.pdf (Meeting Minutes), dated January 15, 2025 from Borough of Midland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Federated Hermes hold?
Federated Hermes 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 Borough of Midland currently buying?
Explore Borough of Midland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.