CONTRACTRECOMMENDED

Land Board Considers $500 Million WMA Allocation

North Dakota Department of Trust Lands
Disclosed value
Up to $500 million initial allocation
From agendapacket
Document date
Oct 27, 2026

The 30-second brief

What it covers

The Board of University and School Lands considered a recommendation to allocate up to $500 million to WorldQuant Millennium Advisors' U.S. Active Extension strategy. The proposed investment would diversify the Board's large-cap U.S. equity portfolio, subject to legal review and final documentation.

Who holds it

Worldquant Millennium Advisors (Wma) holds this financial services contract with North Dakota Department of Trust Lands.

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Contract details

Contract type
Financial Services
Amount
Up to $500 million initial allocation
Document date
October 27, 2026
Vendor
Worldquant Millennium Advisors (Wma)
Source document
Board of University and School Lands AgendaPacket October 29, 2026 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by North Dakota Department of Trust Lands?

Worldquant Millennium Advisors (Wma) was awarded this financial services contract by North Dakota Department of Trust Lands, as recorded on October 27, 2026. The contract value is Up to $500 million initial allocation.

How much is the Worldquant Millennium Advisors (Wma) contract with North Dakota Department of Trust Lands worth?

The Worldquant Millennium Advisors (Wma) contract with North Dakota Department of Trust Lands is valued at Up to $500 million initial allocation, 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 AgendaPacket October 29, 2026 (AgendaPacket), dated October 27, 2026 from North Dakota Department of Trust Lands. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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