FINANCIAL_SERVICESDISCUSSSED

JP Morgan Infrastructure Fund Proposal Debated

J.P. Morgan Asset Management proposed its Infrastructure Investments Fund to the Town of Palm Beach Investment Advisory Committee, including a waived minimum to accommodate a potential $2–$2.5 million allocation. After extensive discussion of liquidity, governance, and concentration risks, the committee did not move forward with an investment.

Status
DISCUSSSED
Document date
August 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
J.p. Morgan Asset Management
Agency
Town of Palm Beach · FL

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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
No contract is in place; proposal terms included quarterly liquidity with a four-year soft lock and performance fee above a 7% hurdle, but these remain only discussed features.
Document type
Agenda
Source document
Town of Palm Beach Investment Advisory Committee Meeting Agenda 2026-08-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Palm Beach?

J.p. Morgan Asset Management was awarded this financial services contract by Town of Palm Beach, as recorded on August 19, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Palm Beach Investment Advisory Committee Meeting Agenda 2026-08-21 (Agenda), dated August 19, 2026 from Town of Palm Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does J.p. Morgan Asset Management hold?

J.p. Morgan Asset Management may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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