Search Description: The Board Members of the East Bay Municipal Utility District Employees’ Retirement System (hereinafter “Board”) are seeking proposals from active management of High Yield Fixed Income strategies. The Board intends to invest approximately $95 million in one to two managers (each).
Only proposals for experienced managers of High Yield Fixed Income strategies will be considered. The firm must have a minimum of $10 billion under management in total, $1 billion invested in the High Yield Bond strategy, and a five-year performance history by the same decision makers in the High Yield Fixed Income strategy. The objective of this Request for Proposal shall be to identify that manager whose expertise will best meet the Board’s goals and needs.
All bidders are hereby advised that any proposal selected shall be subject to (1) approval of the Board and (2) a written contract.
Please complete the RFP via DiligenceVault linked here: https://app.diligencevault.com/#/login?redirectId=9D723BAA-BA7B-4EDB-8D47-06683FE52EF9
Due date for responses: Monday, December 9th, 2024 prior to 5:00 PM PST