CONTRACTONGOING

PRIM Budgets Ares Management Bank-Loan Fees

Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts logoMassachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts
Disclosed value
$1,945,000
From budget
Document date
May 22, 2025
Term
FY2026 (July 1, 2025 – June 30, 2026)

The 30-second brief

What it covers

PRIM budgeted $1.945 million for Ares Management’s FY2026 bank-loan mandate. The ongoing engagement supports value-added fixed-income investments.

Who holds it

Ares Management holds this financial services contract with Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts. Its other public contracts on record include work for City of Jacksonville and Duval County.

What happens next

Term as filed: FY2026 (July 1, 2025 – June 30, 2026).

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Contract details

Contract type
Financial Services
Amount
$1,945,000
Document date
May 22, 2025
Term
FY2026 (July 1, 2025 – June 30, 2026)
Source document
Pension Reserves Investment Management Board Budget Fiscal Year 2026 Operating Budget 2025-05-22 (Budget)

Ares Management's other public contracts

More Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts contracts

Questions about this contract

Who was awarded the financial services contract by Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts?

Ares Management was awarded this financial services contract by Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts, as recorded on May 22, 2025. The contract value is $1,945,000.

How much is the Ares Management contract with Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts worth?

The Ares Management contract with Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts is valued at $1,945,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a budget record.

Where was this contract approved?

This contract appears in Pension Reserves Investment Management Board Budget Fiscal Year 2026 Operating Budget 2025-05-22 (Budget), dated May 22, 2025 from Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ares Management hold?

Ares Management 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 Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts currently buying?

Explore Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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