CONTRACTTERMINATED

Firefighters Board Terminates Brown Large Cap Manager

City of Naples logoCity of Naples
Document date
Dec 5, 2025

The 30-second brief

What it covers

The Firefighters’ Pension Board voted to terminate Brown as its Large Cap Growth manager and reallocate the assets to a passive Large Cap Growth option. The decision followed underperformance and risk concerns raised by the investment consultant.

Who holds it

BROWN holds this financial services contract with City of Naples. Its other public contracts on record include work for Town of Hamden and City of Gatesville.

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Contract details

Contract type
Financial Services
Document date
December 5, 2025
Vendor
BROWN
Source document
City of Naples Minutes General / Police Officers’ / Firefighters’ Pension Boards of Trustees Meeting 2025-12-05 (Minutes)

BROWN's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Naples?

BROWN was awarded this financial services contract by City of Naples, as recorded on December 5, 2025.

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 Naples Minutes General / Police Officers’ / Firefighters’ Pension Boards of Trustees Meeting 2025-12-05 (Minutes), dated December 5, 2025 from City of Naples. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BROWN hold?

BROWN 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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