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Brandywine Global Dropped as Large Cap Value Manager

City of Venice
Document date
Feb 18, 2026
Term
Terminated as of February 18, 2026

The 30-second brief

What it covers

Brandywine Global Investment Management, LLC was removed as the Large Cap Value Equity Manager for the pension fund following ongoing underperformance. The board voted unanimously to transfer these assets to a new manager.

Who holds it

Brandywine Global Investment Management LLC holds this financial services contract with City of Venice. Its other public contracts on record include work for City of Coral Gables and City of North Port.

What happens next

Term as filed: Terminated as of February 18, 2026.

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Contract details

Contract type
Financial Services
Document date
February 18, 2026
Term
Terminated as of February 18, 2026
Vendor
Brandywine Global Investment Management LLC
Agency
City of Venice
Source document
City of Venice Police Officers' Pension Fund Minutes of Quarterly Meeting 2026-02-18 (Minutes)

Brandywine Global Investment Management LLC's other public contracts

City of Coral Gables, FloridaUpdate on Brandywine Global Investment Management Mandate · May 25, 2026UndisclosedCity of North Port, FloridaBrandywine Replaced as Large Cap Equity Manager · Mar 9, 2026UndisclosedNorth Port Police Retirement Fund, FloridaPension Board Replaces Brandywine Investment Manager · Mar 9, 2026UndisclosedTeachers Retirement System of Louisiana Board of Trustees | State of Louisiana, LouisianaTRSL Reviews Brandywine Global Investment Management · Mar 5, 2026UndisclosedTeachers Retirement System of Louisiana Board of Trustees | State of Louisiana, LouisianaMulti-Asset Credit Review Includes Brandywine Global · Mar 5, 2026UndisclosedAll Brandywine Global Investment Management LLC contractsVendor profile

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Questions about this contract

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

Brandywine Global Investment Management LLC was awarded this financial services contract by City of Venice, as recorded on February 18, 2026.

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 2026-02-18 (Minutes), dated February 18, 2026 from City of Venice. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Brandywine Global Investment Management LLC hold?

Brandywine Global Investment Management LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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