FINANCIAL_SERVICESTERMINATED

Board Terminates Blackstone Absolute Return Mandate

The State Board of Education ended its Absolute Return investment relationship with Blackstone Alternative Asset Management for the Permanent School Fund and ordered liquidation of the Raven 4 and Raven 7 positions. This action restructures the fund’s Absolute Return allocation.

Document date · November 19, 2021

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Relationship in the Absolute Return space was terminated; no renewal or extension will occur under this mandate.
Document type
Minutes
Source document
state_board_of_education_summary_of_actions_novemb.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by TX-State-Education Agency?

Blackstone Alternative Asset Management was awarded this financial services contract by TX-State-Education Agency, as recorded on November 19, 2021.

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 state_board_of_education_summary_of_actions_novemb.pdf (Minutes), dated November 19, 2021 from TX-State-Education Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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