Division of Administration | State of New Jersey Awards $10,300,000 Financial Services Contract to Charter Asset Management Fund LP (June 2025)
Division of Administration | State of New JerseyState · NJ- Disclosed value
- $10,300,000
- From minutes
- Approved
- Jun 24, 2025
The 30-second brief
The Authority approved a parity tuition lien for Rider University’s $10.3 million loan from Charter Asset Management Fund. The loan matures in March 2026 and may be extended without increasing principal.
Charter Asset Management Fund LP holds this financial services contract with Division of Administration | State of New Jersey. Its other public contracts on record include work for REACH Leadership STEAM Academy District and New Jersey Division of Administration.
Term as filed: Matures in March 2026, with an option to extend.
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Contract details
- Contract type
- Financial Services
- Amount
- $10,300,000
- Document date
- June 24, 2025
- Term
- Matures in March 2026, with an option to extend
- Source document
- New Jersey Educational Facilities Authority Minutes Board Meeting 2025-06-24 (Minutes)
Charter Asset Management Fund LP's other public contracts
More Division of Administration | State of New Jersey contracts
Questions about this contract
Who was awarded the financial services contract by Division of Administration | State of New Jersey?
Charter Asset Management Fund LP was awarded this financial services contract by Division of Administration | State of New Jersey, as recorded on June 24, 2025. The contract value is $10,300,000.
How much is the Charter Asset Management Fund LP contract with Division of Administration | State of New Jersey worth?
The Charter Asset Management Fund LP contract with Division of Administration | State of New Jersey is valued at $10,300,000, 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 New Jersey Educational Facilities Authority Minutes Board Meeting 2025-06-24 (Minutes), dated June 24, 2025 from Division of Administration | State of New Jersey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Charter Asset Management Fund LP hold?
Charter Asset Management Fund LP 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 Division of Administration | State of New Jersey currently buying?
Explore Division of Administration | State of New Jersey's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.