Memphis Light Gas Water Retirement And Pension System Awards Financial Services Contract to STEPSTONE (June 2026)
Memphis Light Gas Water Retirement And Pension SystemCity Department · Memphis, TN- Disclosed value
- $10 million
- From minutes
- Approved
- Jun 3, 2026
The 30-second brief
The OPEB Trust Investment Committee approved a $10 million commitment to StepStone VC Secondaries Fund VII. The closed-end fund has a 10-year life from final closing, a five-year investment period, and three one-year extension options.
STEPSTONE holds this financial services contract with Memphis Light Gas Water Retirement And Pension System. Its other public contracts on record include work for Somerville Contributory Retirement System and Contra Costa Co Employee Retirement System.
Term as filed: 10 years from final closing; 5-year investment period with three one-year extension options.
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Contract details
- Contract type
- Financial Services
- Amount
- $10 million
- Document date
- June 3, 2026
- Term
- 10 years from final closing; 5-year investment period with three one-year extension options
- Vendor
- STEPSTONE
- Source document
- Memphis Light, Gas, and Water Division Minutes OPEB Trust Investment Committee Meeting 2026-06-03 (Minutes)
STEPSTONE's other public contracts
More Memphis Light Gas Water Retirement And Pension System contracts
Questions about this contract
Who was awarded the financial services contract by Memphis Light Gas Water Retirement And Pension System?
STEPSTONE was awarded this financial services contract by Memphis Light Gas Water Retirement And Pension System, as recorded on June 3, 2026. The contract value is $10 million.
How much is the STEPSTONE contract with Memphis Light Gas Water Retirement And Pension System worth?
The STEPSTONE contract with Memphis Light Gas Water Retirement And Pension System is valued at $10 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 Memphis Light, Gas, and Water Division Minutes OPEB Trust Investment Committee Meeting 2026-06-03 (Minutes), dated June 3, 2026 from Memphis Light Gas Water Retirement And Pension System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does STEPSTONE hold?
STEPSTONE 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 Memphis Light Gas Water Retirement And Pension System currently buying?
Explore Memphis Light Gas Water Retirement And Pension System's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.