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Pension Benefit Guaranty Corporation Awarded a Contract to PERFORMANCE EQUITY MANAGEMENT, LLC for $5,681,585.18

Signed on

10/1/2019, 12:00 AM

PERFORMANCE EQUITY MANAGEMENT, LLC Government Contract #16PBGC20C0003

PERFORMANCE EQUITY MANAGEMENT, LLC was awarded a contract with the United States Government for $5,681,585.18. The contract was awarded by the agency office PENSION BENEFIT GUARANTY CORP, which is a division with the Pension Benefit Guaranty Corporation within the Pension Benefit Guaranty Corporation.

Summary of Award

The recipient of the federal contract is PERFORMANCE EQUITY MANAGEMENT, LLC, located in Connecticut. They are involved in Investment Banking and Securities Dealing. The contract is for managing financial support services and is funded by the Pension Benefit Guaranty Corporation. The contract is valued at $5,681,585.18. Notable transactions include receiving $1,000,000 on multiple occasions and a transaction of -$1,229,508.20 on a specific date.

Contract Details

Contract ID16PBGC20C0003
Contract TypeD
Total Obligation$5,681,585.18
Exercised Options$5,681,585.18
Base Amount + Options$5,681,585.18
Date Signed2019-10-01
Contract DescriptionDELPHI PRIVATE MARKETS ASSETS
Start Date2019-10-01
End Date2026-10-31

Agency Details

Awarding AgencyPension Benefit Guaranty Corporation
Awarding Sub AgencyPension Benefit Guaranty Corporation
Awarding OfficePENSION BENEFIT GUARANTY CORP
Funding AgencyPension Benefit Guaranty Corporation
Funding Sub AgencyPension Benefit Guaranty Corporation
Funding OfficePENSION BENEFIT GUARANTY CORP

Recipient Details

RecipientPERFORMANCE EQUITY MANAGEMENT, LLC
Recipient Location5 GREENWICH OFFICE PARK STE 3 GREENWICH CONNECTICUT, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00017$0.00April 12, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$-1,229,508.20March 2, 2026

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-1,229,508.20 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00015$500,000.00October 27, 2025

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $500,000.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$1,000,000.00October 16, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,000,000.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$-318,682.12July 24, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-318,682.12 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00012$0.00March 5, 2024

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$100,000.00December 4, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $100,000.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$1,000,000.00October 26, 2023

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,000,000.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$1,000,000.00October 17, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,000,000.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$0.00September 15, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$-266,079.40June 29, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-266,079.40 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$-333,653.30May 3, 2022

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $-333,653.30 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$1,000,000.00December 13, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,000,000.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00October 30, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00August 9, 2021

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$1,000,000.00December 10, 2020

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,000,000.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00August 28, 2020

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $0.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$1,000,000.00October 1, 2019

Pension Benefit Guaranty Corporation, a sub agency of Pension Benefit Guaranty Corporation, issued a payment of $1,000,000.00 to PERFORMANCE EQUITY MANAGEMENT, LLC. The payment included a Subsidy Cost of $0.00.