CONTRACTONGOING

Alger Reports Strong Large Cap Growth Performance

City of Venice
Disclosed value
Initial investment $9,000,000; $21,000,000 in returns with $15,000,000 in disbursements
From minutes
Document date
May 20, 2026

The 30-second brief

What it covers

Alger reported strong double-digit performance on the plan’s large cap growth mandate, turning an initial $9 million allocation into $21 million in returns with significant disbursements. The relationship with Alger continues with the portfolio well positioned and diversified.

Who holds it

ALGER holds this financial services contract with City of Venice. Its other public contracts on record include work for Venice Police Retirement Fund (Closed 2014) and Oklahoma Firefighters Pension and Retirement System | State of Oklahoma.

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Contract details

Contract type
Financial Services
Amount
Initial investment $9,000,000; $21,000,000 in returns with $15,000,000 in disbursements
Document date
May 20, 2026
Vendor
ALGER
Source document
City of Venice Police Officers' Pension Fund Minutes of Quarterly Meeting 2026-05-20 (Minutes)

ALGER's other public contracts

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Questions about this contract

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

ALGER was awarded this financial services contract by City of Venice, as recorded on May 20, 2026. The contract value is Initial investment $9,000,000; $21,000,000 in returns with $15,000,000 in disbursements.

How much is the ALGER contract with City of Venice worth?

The ALGER contract with City of Venice is valued at Initial investment $9,000,000; $21,000,000 in returns with $15,000,000 in disbursements, 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 Venice Police Officers' Pension Fund Minutes of Quarterly Meeting 2026-05-20 (Minutes), dated May 20, 2026 from City of Venice. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does ALGER hold?

ALGER 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 Venice currently buying?

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

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