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Danvers Board Meets $6M Capital Call To IFM

Town of Danvers logoTown of Danvers
Disclosed value
$6,000,000
From meeting minutes
Document date
Aug 28, 2024

The 30-second brief

What it covers

The Danvers Retirement Board met an all-in capital call from IFM by transferring $6,000,000 from its core fixed income allocation at Western Asset. The capital call supports IFM’s recent large infrastructure acquisitions and reflects an amendment to the Board’s investment allocations.

Who holds it

IFM holds this financial services contract with Town of Danvers. Its other public contracts on record include work for Louisiana District Attorneys Retirement System Board of Trustees | State of Louisiana and Sewerage & Water Board of New Orleans.

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Contract details

Contract type
Financial Services
Amount
$6,000,000
Document date
August 28, 2024
Vendor
IFM
Agency
Town of Danvers
Source document
danvers-school-districtmeeting-minutes2024-08-28_e31.pdf (Meeting Minutes)

IFM's other public contracts

Louisiana District Attorneys Retirement System Board of Trustees | State of Louisiana, LouisianaIFM Scheduled for Infrastructure Manager Presentation · Sep 3, 2026UndisclosedSewerage & Water Board of New Orleans, LouisianaIFM Selected for $5 Million Infrastructure Allocation · Jul 15, 2026$5MRitenour School District, MissouriRitenour Board Approves IFM Memorandum of Understanding · Jul 9, 2026UndisclosedRitenour School District, MissouriRitenour Recommends Approval of IFM MOU · Jul 9, 2026UndisclosedSewerage & Water Board of New Orleans, LouisianaIFM Awarded $5 Million Infrastructure Mandate · Jul 8, 2026$5MAll IFM contractsVendor profile

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Wilmington TrustDanvers Board Discusses Wilmington Trust Merger · Sep 29, 2026UndisclosedSegal MarcoDanvers Board Reviews Segal Marco Portfolio Recommendations · Sep 29, 2026UndisclosedEvery Little BreezeEvery Little Breeze to Cater Harvest Luncheon · Sep 17, 2026UndisclosedKat WilliamsKat Williams to Lead Senior Center Balance Class · Sep 17, 2026UndisclosedEvery Little BreezeEvery Little Breeze to Cater Holiday Party · Sep 17, 2026UndisclosedAll Town of Danvers activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Town of Danvers?

IFM was awarded this financial services contract by Town of Danvers, as recorded on August 28, 2024. The contract value is $6,000,000.

How much is the IFM contract with Town of Danvers worth?

The IFM contract with Town of Danvers is valued at $6,000,000, 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 danvers-school-districtmeeting-minutes2024-08-28_e31.pdf (Meeting Minutes), dated August 28, 2024 from Town of Danvers. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does IFM hold?

IFM 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 Town of Danvers currently buying?

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

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