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Sprucegrove Underperforms as Developed International Equity Manager

NYC Fire Pension Fund (FPF) logoNYC Fire Pension Fund (FPF)
Document date
Mar 3, 2026
Term
Quarter ended December 31, 2025

The 30-second brief

What it covers

Sprucegrove served as manager for developed international equities for the NYC Police Pension Fund, recording notable underperformance in Q4 2025.

Who holds it

SPRUCEGROVE holds this financial services contract with NYC Fire Pension Fund (FPF). Its other public contracts on record include work for Public Employee Retirement System of Idaho | State of Idaho and NYC-Office of the New York City Comptroller.

What happens next

Term as filed: Quarter ended December 31, 2025.

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Contract details

Contract type
Financial Services
Document date
March 3, 2026
Term
Quarter ended December 31, 2025
Vendor
SPRUCEGROVE
Agency
NYC Fire Pension Fund (FPF)
Source document
NYC Police Pension Fund Investment Meeting Report March 2026 (Report)

SPRUCEGROVE's other public contracts

Public Employee Retirement System of Idaho | State of Idaho, IdahoPERSI Maintains Sprucegrove International Equity Mandate · Aug 4, 2026$525 millionNYC-Office of the New York City Comptroller, New YorkSprucegrove Manages Teachers’ International Equity · Jul 31, 2026UndisclosedPublic Employee Retirement System of Idaho | State of Idaho, IdahoPERSI Continues Sprucegrove Equity Management · Jun 29, 2026UndisclosedPublic Employee Retirement System of Idaho | State of Idaho, IdahoPERSI Retains Sprucegrove International Manager · Feb 24, 2026Public Employee Retirement System of Idaho | State of Idaho, IdahoSprucegrove Continues Managing PERSI International Equity Assets · Oct 14, 2025UndisclosedAll SPRUCEGROVE contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by NYC Fire Pension Fund (FPF)?

SPRUCEGROVE was awarded this financial services contract by NYC Fire Pension Fund (FPF), as recorded on March 3, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in NYC Police Pension Fund Investment Meeting Report March 2026 (Report), dated March 3, 2026 from NYC Fire Pension Fund (FPF). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does SPRUCEGROVE hold?

SPRUCEGROVE 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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