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Retirement System

Investment management for the City employees' pension fund

Original title: “Investment Management Services”

$21.4M
paid on this contract in FY2025
$66.6M paid so far, of $107.5M agreed · ended June 2025

Paid to

Arrowstreet Capital LPprime contractor$66.6M

Paid from, FY2025

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. The fund does not say where the money first came from.

Pension and employee benefit trust fund · operating100%$21.4M

Paid year by year, FY2018–FY2026

$2.3M in FY2018 · $21.4M in FY2025 (the highest) · $1.1M in FY2026

Click a year to see its amount.

Type and award

Contract type: Rents and other non-purchase agreements

Award: Competitive bid

Contract 1000007081 · Source: Supplier Contracts · every payment on this contract