PRIM Budgets Ares Management Credit Fees
Massachusetts Pension Reserves Investment Management Board | Commonwealth of MassachusettsState · Boston, MA- Disclosed value
- FY2027 budgeted investment management fees: $2,200 thousand
- From budget
- Document date
- May 21, 2026
- Term
- July 1, 2026 – June 30, 2027
- Renews
- Free account
The 30-second brief
PRIM budgeted $2.2 million for Ares Management investment management fees in FY2027. Ares Management manages a bank-loan mandate.
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.
The renewal date is on record. A free account shows it, with the renewals for every Massachusetts Pension Reserves Investment Management Board | Commonwealth of Massachusetts contract.
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Contract details
- Contract type
- Financial Services
- Amount
- FY2027 budgeted investment management fees: $2,200 thousand
- Document date
- May 21, 2026
- Term
- July 1, 2026 – June 30, 2027
- Renews
- Free account
- Vendor
- Ares Management
- Source document
- Pension Reserves Investment Management Board Budget Fiscal Year 2027 Operating Budget 2026-05-21 (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 21, 2026. The contract value is FY2027 budgeted investment management fees: $2,200 thousand.
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 FY2027 budgeted investment management fees: $2,200 thousand, 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 2027 Operating Budget 2026-05-21 (Budget), dated May 21, 2026 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.