Texas Education Agency | State of Texas Awards Financial Services Contract to Gcm Grosvenor (April 2021)
Texas Education Agency | State of TexasState · Austin, TX- Disclosed value
- Up to $150 million investment commitment
- From minutes
- Approved
- Apr 16, 2021
The 30-second brief
The State Board of Education approved agreements with GCM Grosvenor to manage a Private Real Estate Emerging Manager program for the Texas Permanent School Fund, with an investment commitment of up to $150 million. The Commissioner of Education is authorized to execute the related contracts.
Gcm Grosvenor holds this financial services contract with Texas Education Agency | State of Texas. Its other public contracts on record include work for Marion County Hospital District.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $150 million investment commitment
- Document date
- April 16, 2021
- Vendor
- Gcm Grosvenor
- Source document
- state_board_of_education_summary_of_actions_april.pdf (Minutes)
Gcm Grosvenor's other public contracts
More Texas Education Agency | State of Texas contracts
Questions about this contract
Who was awarded the financial services contract by Texas Education Agency | State of Texas?
Gcm Grosvenor was awarded this financial services contract by Texas Education Agency | State of Texas, as recorded on April 16, 2021. The contract value is Up to $150 million investment commitment.
How much is the Gcm Grosvenor contract with Texas Education Agency | State of Texas worth?
The Gcm Grosvenor contract with Texas Education Agency | State of Texas is valued at Up to $150 million investment commitment, 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 state_board_of_education_summary_of_actions_april.pdf (Minutes), dated April 16, 2021 from Texas Education Agency | State of Texas. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Gcm Grosvenor hold?
Gcm Grosvenor 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 Texas Education Agency | State of Texas currently buying?
Explore Texas Education Agency | State of Texas's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.