North Dakota Department of Trust Lands Awards Financial Services Contract to Acadian Asset Management (October 2024)
North Dakota Department of Trust LandsState · Bismarck, ND- Disclosed value
- $250-300M full redemption from Acadian Non-US Small Cap Equity Extension; $500-600M subscription to Acadian EAFE Equity Extension
- From agendapacket
- Approved
- Oct 31, 2024
The 30-second brief
The Board is requested to approve a $250–300 million full redemption from Acadian’s Non-US Small Cap Equity Extension fund and a $500–600 million new subscription into Acadian’s EAFE Equity Extension strategy. This reallocation is part of a broader effort to increase active management within the $1.4 billion international equity portfolio.
Acadian Asset Management holds this financial services contract with North Dakota Department of Trust Lands. Its other public contracts on record include work for Minnesota State Board of Investment and Los Angeles County Employees Retirement Association.
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Contract details
- Contract type
- Financial Services
- Amount
- $250-300M full redemption from Acadian Non-US Small Cap Equity Extension; $500-600M subscription to Acadian EAFE Equity Extension
- Document date
- October 31, 2024
- Vendor
- Acadian Asset Management
- Source document
- Board of University and School Lands Agenda Packet 2024-10-31 (AgendaPacket)
Acadian Asset Management's other public contracts
More North Dakota Department of Trust Lands contracts
Questions about this contract
Who was awarded the financial services contract by North Dakota Department of Trust Lands?
Acadian Asset Management was awarded this financial services contract by North Dakota Department of Trust Lands, as recorded on October 31, 2024. The contract value is $250-300M full redemption from Acadian Non-US Small Cap Equity Extension; $500-600M subscription to Acadian EAFE Equity Extension.
How much is the Acadian Asset Management contract with North Dakota Department of Trust Lands worth?
The Acadian Asset Management contract with North Dakota Department of Trust Lands is valued at $250-300M full redemption from Acadian Non-US Small Cap Equity Extension; $500-600M subscription to Acadian EAFE Equity Extension, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Board of University and School Lands Agenda Packet 2024-10-31 (AgendaPacket), dated October 31, 2024 from North Dakota Department of Trust Lands. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Acadian Asset Management hold?
Acadian Asset 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 North Dakota Department of Trust Lands currently buying?
Explore North Dakota Department of Trust Lands's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.