CONTRACTAPPROVED

Tennessee Department of Treasury | State of Tennessee Awards Financial Services Contract to Principal Data Center Growth & Income Fund (December 2024)

Tennessee Department of Treasury | State of Tennessee logoTennessee Department of Treasury | State of Tennessee
Disclosed value
$100 million
From minutes
Approved
Dec 6, 2024

The 30-second brief

What it covers

The Tennessee Consolidated Retirement System Investment Committee approved a $100 million investment in Principal Data Center Growth & Income Fund. The real estate fund targets data center assets and related income and growth opportunities.

Who holds it

Principal Data Center Growth & Income Fund holds this financial services contract with Tennessee Department of Treasury | State of Tennessee. Its other public contracts on record include work for Tennessee Consolidated Retirement System Board of Trustees | State of Tennessee.

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Contract details

Contract type
Financial Services
Amount
$100 million
Document date
December 6, 2024
Vendor
Principal Data Center Growth & Income Fund
Source document
Tennessee Consolidated Retirement System Minutes Investment Committee Meeting December 6, 2024 (Minutes)

Principal Data Center Growth & Income Fund's other public contracts

More Tennessee Department of Treasury | State of Tennessee contracts

Questions about this contract

Who was awarded the financial services contract by Tennessee Department of Treasury | State of Tennessee?

Principal Data Center Growth & Income Fund was awarded this financial services contract by Tennessee Department of Treasury | State of Tennessee, as recorded on December 6, 2024. The contract value is $100 million.

How much is the Principal Data Center Growth & Income Fund contract with Tennessee Department of Treasury | State of Tennessee worth?

The Principal Data Center Growth & Income Fund contract with Tennessee Department of Treasury | State of Tennessee is valued at $100 million, 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 Tennessee Consolidated Retirement System Minutes Investment Committee Meeting December 6, 2024 (Minutes), dated December 6, 2024 from Tennessee Department of Treasury | State of Tennessee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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