CONTRACTAPPROVED

Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana Awards Financial Services Contract to HARBOURVEST (March 2025)

Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana
Disclosed value
$220 million
From minutes
Approved
Mar 19, 2025
Renews
Free account

The 30-second brief

What it covers

MPERS approved a $220 million commitment to HarbourVest for deployment through its existing Frenchman Street Fund of One structure. The four-year commitment includes $50 million annually in 2025 and 2026 and $60 million annually in 2027 and 2028.

Who holds it

HARBOURVEST holds this financial services contract with Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana. Its other public contracts on record include work for Town of Belmont and Louisiana Firefighters Retirement System Board of Trustees | State of Louisiana.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana contract.

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Contract details

Contract type
Financial Services
Amount
$220 million
Document date
March 19, 2025
Term
Four years: $50 million annually in 2025-2026 and $60 million annually in 2027-2028
Renews
Free account
Source document
Municipal Police Employees' Retirement System Minutes Investment Committee Meeting 2025-03-19 (Minutes)

HARBOURVEST's other public contracts

More Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana contracts

Questions about this contract

Who was awarded the financial services contract by Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana?

HARBOURVEST was awarded this financial services contract by Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana, as recorded on March 19, 2025. The contract value is $220 million.

How much is the HARBOURVEST contract with Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana worth?

The HARBOURVEST contract with Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana is valued at $220 million, 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 Municipal Police Employees' Retirement System Minutes Investment Committee Meeting 2025-03-19 (Minutes), dated March 19, 2025 from Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does HARBOURVEST hold?

HARBOURVEST 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 Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana currently buying?

Explore Louisiana Municipal Police Employees Retirement System Board of Trustees | State of Louisiana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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