City of Newport News Awards Financial Services Contract to Blackrock Global (February 2025)
City of Newport NewsCity · Newport News, VA- Disclosed value
- $18.0M (shared across five new private equity managers)
- From meeting minutes
- Awarded
- Feb 27, 2025
The 30-second brief
In 2024 the Fund added BlackRock Global as a non-core infrastructure private equity manager under a shared $18.0 million commitment to five firms. This move expands the Fund’s global infrastructure exposure.
Blackrock Global holds this financial services contract with City of Newport News. Its other public contracts on record include work for Town of West Bridgewater and Town of Upper Makefield.
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Contract details
- Contract type
- Financial Services
- Amount
- $18.0M (shared across five new private equity managers)
- Document date
- February 27, 2025
- Vendor
- Blackrock Global
- Agency
- City of Newport News
- Source document
- city-of-newport-news-meeting-minutes-2025-02-27_31f.pdf (Meeting Minutes)
Blackrock Global's other public contracts
More City of Newport News contracts
Questions about this contract
Who was awarded the financial services contract by City of Newport News?
Blackrock Global was awarded this financial services contract by City of Newport News, as recorded on February 27, 2025. The contract value is $18.0M (shared across five new private equity managers).
How much is the Blackrock Global contract with City of Newport News worth?
The Blackrock Global contract with City of Newport News is valued at $18.0M (shared across five new private equity managers), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-newport-news-meeting-minutes-2025-02-27_31f.pdf (Meeting Minutes), dated February 27, 2025 from City of Newport News. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Blackrock Global hold?
Blackrock Global 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 Newport News currently buying?
Explore City of Newport News's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.