Award

California State Teachers' Retirement System 1000036566

RET:Investment Management Svcs

Recipient

ARROWSTREET CAPITAL LP

Award Amount

$300,000,000.00

Ceiling

$300,000,000.00

Awarded

July 01, 2025

Identifier

1000036566

The California State Teachers' Retirement System, a state agency in California, issued a purchase order to Arrowstreet Capital LP for investment management services. The contract, identified by number 1000036566, is valued at $300 million and is part of a long-term agreement starting on July 1, 2025, with a term ending on June 30, 2030. The purchase was made under a non-purchasing contract category, with the award amount confirmed at $300 million. The procurement involved a single line item for financial services, with the award being a significant transaction in the agency's investment management portfolio. The contract is part of a broader financial arrangement with total payments made exceeding $6.9 billion, and the contract's total award value across all related orders exceeds $22 billion.

Description

RET:Investment Management Svcs