Louisiana Parochial Employees Retirement System Board of Trustees | State of Louisiana Awards Financial Services Contract to PIMCO (June 2026)
Louisiana Parochial Employees Retirement System Board of Trustees | State of LouisianaState · Baton Rouge, LA- Disclosed value
- $280 million
- From minutes
- Approved
- Jun 23, 2026
The 30-second brief
The Parochial Employees' Retirement System Board approved a $280 million investment in PIMCO's Custom Portable Alpha Solution. The Investment Committee recommended the strategy to target approximately 2–3% alpha, consistent results, and an efficient cost structure.
PIMCO holds this financial services contract with Louisiana Parochial Employees Retirement System Board of Trustees | State of Louisiana. Its other public contracts on record include work for Public Employees Retirement System of Mississippi and Oklahoma Firefighters Pension and Retirement System | State of Oklahoma.
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Contract details
- Contract type
- Financial Services
- Amount
- $280 million
- Document date
- June 23, 2026
- Vendor
- PIMCO
- Source document
- Parochial Employees' Retirement System Minutes Board of Trustees Meeting 2026-06-23 (Minutes)
PIMCO's other public contracts
More Louisiana Parochial Employees Retirement System Board of Trustees | State of Louisiana contracts
Questions about this contract
Who was awarded the financial services contract by Louisiana Parochial Employees Retirement System Board of Trustees | State of Louisiana?
PIMCO was awarded this financial services contract by Louisiana Parochial Employees Retirement System Board of Trustees | State of Louisiana, as recorded on June 23, 2026. The contract value is $280 million.
How much is the PIMCO contract with Louisiana Parochial Employees Retirement System Board of Trustees | State of Louisiana worth?
The PIMCO contract with Louisiana Parochial Employees Retirement System Board of Trustees | State of Louisiana is valued at $280 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 Parochial Employees' Retirement System Minutes Board of Trustees Meeting 2026-06-23 (Minutes), dated June 23, 2026 from Louisiana Parochial 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 PIMCO hold?
PIMCO 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 Parochial Employees Retirement System Board of Trustees | State of Louisiana currently buying?
Explore Louisiana Parochial Employees Retirement System Board of Trustees | State of Louisiana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.