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Mwra Employees Retirement System Awards Financial Services Contract to ADVENT (August 2026)

Mwra Employees Retirement System
Disclosed value
$10M
From minutes
Awarded
Aug 27, 2026

The 30-second brief

What it covers

The MWRA Employees’ Retirement Board selected Advent for a $10 million private-equity allocation from its 2027 budget. The fund was presented with a 10-year term and a 1.5% management fee plus 20% carried interest.

Who holds it

ADVENT holds this financial services contract with Mwra Employees Retirement System. Its other public contracts on record include work for Palm Bay Police Retirement Fund and Town of Salem.

What happens next

Term as filed: 10-year fund term; 2027 private-equity allocation.

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Contract details

Contract type
Financial Services
Amount
$10M
Document date
August 27, 2026
Term
10-year fund term; 2027 private-equity allocation
Vendor
ADVENT
Agency
Mwra Employees Retirement System
Source document
MWRA Employees' Retirement Board Minutes August 27, 2026 (Minutes)

ADVENT's other public contracts

Palm Bay Police Retirement Fund, FloridaPension Plan Schedules Review of Advent Fee · Oct 2, 2026UndisclosedTown of Salem, PennsylvaniaTownship Discusses Road Study Request with Advent · Sep 8, 2026UndisclosedMwra Employees Retirement System, MassachusettsAdvent Presents Middle Market Investment Strategy · Aug 27, 2026UndisclosedCity of Sarasota, FloridaAdvent Manages $24.7 Million Convertible Account · Jun 30, 2026Washington County, New YorkWashington County Continues Advent Traffic Ticket Program · May 26, 2026All ADVENT contractsVendor profile

More Mwra Employees Retirement System contracts

50 South Capital50 South Capital Reports Private Equity Fund Performance · Sep 24, 2026UndisclosedSchoders InternationalSchoders International Updates Board on Nuveen Merger · Sep 24, 2026UndisclosedLAZARDLazard Posts 7.5 Percent Monthly Portfolio Gain · Sep 24, 2026UndisclosedNEPCBoard Approves NEPC Core Real Estate Manager RFP · Sep 24, 2026UndisclosedTa RealtyTA Realty Remains Current MWRAERS Real Estate Holding · Sep 24, 2026UndisclosedAll Mwra Employees Retirement System activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Mwra Employees Retirement System?

ADVENT was awarded this financial services contract by Mwra Employees Retirement System, as recorded on August 27, 2026. The contract value is $10M.

How much is the ADVENT contract with Mwra Employees Retirement System worth?

The ADVENT contract with Mwra Employees Retirement System is valued at $10M, 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 MWRA Employees' Retirement Board Minutes August 27, 2026 (Minutes), dated August 27, 2026 from Mwra Employees Retirement System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does ADVENT hold?

ADVENT 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 Mwra Employees Retirement System currently buying?

Explore Mwra Employees Retirement System's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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