FINANCIAL_SERVICESREJECTED

Board Terminates Kayne Anderson SMID Mandate

The Board of the Abilene Firemen’s Relief and Retirement Fund unanimously voted to terminate Kayne Anderson as the manager of the fund’s $4 million SMID allocation due to underperformance. This action is part of an investment strategy realignment.

Status
REJECTED
Document date
August 21, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Kayne Anderson
Agency
City of Abilene city · TX

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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 amount
$4,000,000 allocation (previous, being terminated)
Contract type
FINANCIAL_SERVICES
Renewal
Relationship as SMID manager terminated; no renewal or extension will occur for this mandate.
Document type
Agenda
Source document
City of Abilene Firemen’s Relief and Retirement Fund Board Agenda 2026-08-25

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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 Abilene city?

Kayne Anderson was awarded this financial services contract by City of Abilene city, as recorded on August 21, 2026. The contract value is $4,000,000 allocation (previous, being terminated).

How much is the Kayne Anderson contract with City of Abilene city worth?

The Kayne Anderson contract with City of Abilene city is valued at $4,000,000 allocation (previous, being terminated), covering financial services work.

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 City of Abilene Firemen’s Relief and Retirement Fund Board Agenda 2026-08-25 (Agenda), dated August 21, 2026 from City of Abilene city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kayne Anderson hold?

Kayne Anderson may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Kayne Anderson's profile

What is City of Abilene city currently buying?

Explore City of Abilene city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Abilene city's profile

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