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FINANCIAL_SERVICESAWARDED

SEPTA Regular Board Meeting Agenda Packet May 28 2026

FIAM Appointed Core Plus Fixed Income Manager

Southeastern Pennsylvania Transportation AuthorityFIDELITY INSTITUTIONAL ASSET MANAGEMENT LLC (FIAM LLC)May 21, 2026

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Description

SEPTA's Board appointed Fidelity Institutional Asset Management, LLC (FIAM LLC) as investment manager for the Core Plus Fixed Income asset class within the SEPTA Pension Plan. The engagement assigns FIAM responsibility for managing a segment of the authority's retirement assets.

Contract Details

Vendor

FIDELITY INSTITUTIONAL ASSET MANAGEMENT LLC (FIAM LLC)

Agency

Southeastern Pennsylvania Transportation Authority, PA

Contract Type

FINANCIAL_SERVICES

Document Date

May 21, 2026

Renewal Info

New investment manager appointment for the Core Plus Fixed Income asset class; renewal or continuation terms are not specified in the agenda.

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