CONTRACTAMENDED

Partial Redemption from Barings Core Property Fund

Town of West Hartford logoTown of West Hartford
Disclosed value
$12.5 million (partial redemption value referenced)
From minutes
Document date
May 15, 2023

The 30-second brief

What it covers

The Pension Board initiated a partial redemption from the Barings Core Property Fund, cutting its real asset allocation from 5% to 2.5% and targeting about $12.5 million in proceeds. The redemption proceeds will be reinvested into other real asset strategies.

Who holds it

Barings Core Property Fund holds this financial services contract with Town of West Hartford. Its other public contracts on record include work for Mendocino Unified and City of Cocoa.

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Contract details

Contract type
Financial Services
Amount
$12.5 million (partial redemption value referenced)
Document date
May 15, 2023
Source document
Town of West Hartford Pension Board Minutes 2023-05-15 (Minutes)

Barings Core Property Fund's other public contracts

More Town of West Hartford contracts

Questions about this contract

Who was awarded the financial services contract by Town of West Hartford?

Barings Core Property Fund was awarded this financial services contract by Town of West Hartford, as recorded on May 15, 2023. The contract value is $12.5 million (partial redemption value referenced).

How much is the Barings Core Property Fund contract with Town of West Hartford worth?

The Barings Core Property Fund contract with Town of West Hartford is valued at $12.5 million (partial redemption value referenced), 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 Town of West Hartford Pension Board Minutes 2023-05-15 (Minutes), dated May 15, 2023 from Town of West Hartford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Barings Core Property Fund hold?

Barings Core Property Fund 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 Town of West Hartford currently buying?

Explore Town of West Hartford's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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