Pension System Commits $1M to Mavik Real Estate Fund
City of TraverseCity · Traverse City, MI- Disclosed value
- $1,000,000 commitment
- From agendapacket
- Document date
- Jun 30, 2026
The 30-second brief
The ACT 345 Retirement System has committed $1 million to Mavik, a real estate investment vehicle, with a current market value of $300,000 reported in June 2026. This commitment supports the plan’s long-term alternative real estate strategy.
MAVIK holds this financial services contract with City of Traverse. Its other public contracts on record include work for City of Ormond Beach and Louisiana Assessors Retirement System Board of Trustees | State of Louisiana.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,000,000 commitment
- Document date
- June 30, 2026
- Vendor
- MAVIK
- Agency
- City of Traverse
- Source document
- City of Traverse City ACT 345 Retirement System Board AgendaPacket 2026-06-30 (AgendaPacket)
MAVIK's other public contracts
More City of Traverse contracts
Questions about this contract
Who was awarded the financial services contract by City of Traverse?
MAVIK was awarded this financial services contract by City of Traverse, as recorded on June 30, 2026. The contract value is $1,000,000 commitment.
How much is the MAVIK contract with City of Traverse worth?
The MAVIK contract with City of Traverse is valued at $1,000,000 commitment, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Traverse City ACT 345 Retirement System Board AgendaPacket 2026-06-30 (AgendaPacket), dated June 30, 2026 from City of Traverse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does MAVIK hold?
MAVIK 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 Traverse currently buying?
Explore City of Traverse's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.