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Committee Schedules Review of Neuberger Berman Strategy

Town of Simsbury logoTown of Simsbury
Document date
May 5, 2026

The 30-second brief

What it covers

The Retirement Plan Sub-Committee discussed recent underperformance in Neuberger Berman's small-cap strategy. Members scheduled a deeper review of the manager's performance and fees for August 2026 without taking immediate action.

Who holds it

Neuberger Berman holds this financial services contract with Town of Simsbury. Its other public contracts on record include work for Town of Greenwich and Montana Teachers Retirement Board | State of Montana.

What happens next

Term as filed: Additional performance and fee review planned for August 2026.

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Contract details

Contract type
Financial Services
Document date
May 5, 2026
Term
Additional performance and fee review planned for August 2026
Vendor
Neuberger Berman
Agency
Town of Simsbury
Source document
Simsbury Minutes Retirement Plan Sub-Committee Regular Meeting Minutes 2026-05-05 (Minutes)

Neuberger Berman's other public contracts

Town of Greenwich, ConnecticutRetirement Board Reviews Neuberger Berman Investment Performance · Oct 23, 2026UndisclosedTown of Greenwich, ConnecticutBoard Discusses Neuberger Berman Contract Extension · Oct 23, 2026UndisclosedTown of Greenwich, ConnecticutNeuberger Berman Continues Greenwich Retirement Management · Oct 19, 2026UndisclosedMontana Teachers Retirement Board | State of Montana, MontanaNeuberger Berman Manages Retirement System Portfolio · Oct 9, 2026UndisclosedCity of San Jose, CaliforniaNeuberger Berman Private Equity Report Presentation · Sep 14, 2026UndisclosedAll Neuberger Berman contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Town of Simsbury?

Neuberger Berman was awarded this financial services contract by Town of Simsbury, as recorded on May 5, 2026.

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 Simsbury Minutes Retirement Plan Sub-Committee Regular Meeting Minutes 2026-05-05 (Minutes), dated May 5, 2026 from Town of Simsbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Neuberger Berman hold?

Neuberger Berman 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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