CONTRACTRECOMMENDED

SERS Recommends $100 Million Dover Street Investment

Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania
Disclosed value
Up to $100 million, plus investment expenses and pro rata share of partnership operating expenses
From minutes
Document date
Sep 30, 2025

The 30-second brief

What it covers

The Investment Committee recommended a commitment of up to $100 million to Dover Street XII L.P. The private equity investment would include related expenses and partnership operating costs, subject to contract negotiations, legal approvals and closing within 12 months.

Who holds it

Dover Street Xii LP holds this financial services contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania. Its other public contracts on record include work for Investment Advisory Council | State of Connecticut.

What happens next

Term as filed: Subject to completion of contract negotiations and execution and delivery of closing documents within 12 months.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Financial Services
Amount
Up to $100 million, plus investment expenses and pro rata share of partnership operating expenses
Document date
September 30, 2025
Term
Subject to completion of contract negotiations and execution and delivery of closing documents within 12 months
Source document
Pennsylvania State Employees' Retirement System Minutes Investment Committee Meeting 2025-09-30 (Minutes)

Dover Street Xii LP's other public contracts

More Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania contracts

Questions about this contract

Who was awarded the financial services contract by Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania?

Dover Street Xii LP was awarded this financial services contract by Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania, as recorded on September 30, 2025. The contract value is Up to $100 million, plus investment expenses and pro rata share of partnership operating expenses.

How much is the Dover Street Xii LP contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania worth?

The Dover Street Xii LP contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania is valued at Up to $100 million, plus investment expenses and pro rata share of partnership operating expenses, 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 Pennsylvania State Employees' Retirement System Minutes Investment Committee Meeting 2025-09-30 (Minutes), dated September 30, 2025 from Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Dover Street Xii LP hold?

Dover Street Xii 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 Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania currently buying?

Explore Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →