The State Universities Retirement System of Illinois – Fixed Income Manager of Managers Search
Meketa Investment Group is in the process of identifying qualified Manager of Manager firms interested in providing diversified Global Credit Strategies on behalf of the State Universities Retirement System of Illinois (SURS). Underlying portfolio strategies may include Global Investment Grade, High Yield, Global Bank Loans, and Emerging Market Debt segments. The underlying managers will consist of diverse managers that fit the Illinois statute definition of Minority, Female, and persons with a Disability (MFDB)-owned firms. The size of the mandate is expected to be approximately $350 million but could vary depending on several factors yet to be determined.
Please contact John Harris (email@example.com), David Sancewich
(firstname.lastname@example.org), and the SURS Procurement Officer
(Procurement_Officer@surs.org) with any questions.
Bid deadline: February 7, 2020 at 4:30pm Central Time
Town of Lexington Retirement System — Infrastructure Search
The Retirement Board of the Lexington Retirement System (hereinafter “Board”) are seeking proposals from managers of global, closed end, infrastructure funds.
The Board intends to commit approximately $5.0 to $10 million to one manager. Potential funds should have roughly $1 billion to $5 billion in assets. The senior management team of the fund should have on average 20+ years of relevant experience. The firm sponsor should have multiple product lines. The firm should have total AUM of at least $100 billion. The fund should be global, close end, and not a first time fund strategy. The objective of this Request for Proposal shall be to identify manager(s) whose expertise will best meet the Board’s goals and needs. The Board reserves the right to reject any and all proposals at its discretion.
The selected manager(s) must have familiarity with, and agree to comply with Massachusetts General Laws, Chapter 32 and Chapter 176, the regulations of the Massachusetts Division of Public Employee Retirement Administration Commission, 840 CMR, and the PERAC Placement Agent Policy. Please see http://www.mass.gov/perac/ for details. All materials submitted in connection with this search may be subject to disclosure consistent with Massachusetts Public Record Open Meeting laws.
All bidders are hereby advised that any proposal selected shall be subject to (1) approval of the Board, (2) a written contract and (3) approval of the engagement by the Massachusetts Public Employee Retirement Administration Commission (PERAC).
Due date deadline: February 3, 2020 at 12:00pm EST