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Vermont State Teachers Retirement System | State of Vermont Awards Financial Services Contract to IMPAX (August 2026)

Vermont State Teachers Retirement System | State of Vermont logoVermont State Teachers Retirement System | State of Vermont
Approved
Aug 12, 2026

The 30-second brief

What it covers

The Board approved terminating the Impax Global Environmental Equity strategy and transferring its assets to age-appropriate Target Date Funds. The action followed concerns about significant turnover on the investment team.

Who holds it

IMPAX holds this financial services contract with Vermont State Teachers Retirement System | State of Vermont. Its other public contracts on record include work for Vermont Municipal Employees Retirement System | State of Vermont and Town of Northbridge.

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Contract details

Contract type
Financial Services
Document date
August 12, 2026
Vendor
IMPAX
Agency
Vermont State Teachers Retirement System | State of Vermont
Source document
Vermont State Teachers' Retirement System Minutes Board of Trustees Meeting August 12, 2026 (Minutes)

IMPAX's other public contracts

Vermont Municipal Employees Retirement System | State of Vermont, VermontVMERS Board Terminates Impax Environmental Equity Strategy · Aug 18, 2026UndisclosedTown of Northbridge, MassachusettsMSHG to Consider Continuing Impax Services · May 26, 2026UndisclosedTown of Medway, MassachusettsBoard to Decide on Continuing Impax Services · May 26, 2026UndisclosedCity of Franklin, MassachusettsImpax Service Continuation Decision Slated For July 1 · May 26, 2026UndisclosedVermont State Employees Retirement System | State of Vermont, VermontBoard Approves Lower-Cost Impax Fund Share Class · Aug 14, 2025UndisclosedAll IMPAX contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by Vermont State Teachers Retirement System | State of Vermont?

IMPAX was awarded this financial services contract by Vermont State Teachers Retirement System | State of Vermont, as recorded on August 12, 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 Vermont State Teachers' Retirement System Minutes Board of Trustees Meeting August 12, 2026 (Minutes), dated August 12, 2026 from Vermont State Teachers Retirement System | State of Vermont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does IMPAX hold?

IMPAX 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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What is Vermont State Teachers Retirement System | State of Vermont currently buying?

Explore Vermont State Teachers Retirement System | State of Vermont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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