Pension Portfolio Allocates $3.4 Million to Ares Fund
- Disclosed value
- $3.4 million
- From minutes
- Document date
- Mar 6, 2026
- Term
- Incepted December 26, 2025
The 30-second brief
The City of Columbia pension portfolio allocated approximately $3.4 million to Ares Private Markets Fund after rebalancing from VG Growth. The investment was incepted on December 26, 2025.
Ares Private Markets Fund holds this financial services contract with City of Columbia.
Term as filed: Incepted December 26, 2025.
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Contract details
- Contract type
- Financial Services
- Amount
- $3.4 million
- Document date
- March 6, 2026
- Term
- Incepted December 26, 2025
- Agency
- City of Columbia
- Source document
- City of Columbia Minutes Investment Committee Meeting Minutes 2026-03-06 (Minutes)
Ares Private Markets Fund's other public contracts
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Questions about this contract
Who was awarded the financial services contract by City of Columbia?
Ares Private Markets Fund was awarded this financial services contract by City of Columbia, as recorded on March 6, 2026. The contract value is $3.4 million.
How much is the Ares Private Markets Fund contract with City of Columbia worth?
The Ares Private Markets Fund contract with City of Columbia is valued at $3.4 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Columbia Minutes Investment Committee Meeting Minutes 2026-03-06 (Minutes), dated March 6, 2026 from City of Columbia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ares Private Markets Fund hold?
Ares Private Markets Fund may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Columbia currently buying?
Explore City of Columbia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.