Introduction

Purpose

The Retirement Board (“the Board”) of the Policemen’s Annuity and Benefit Fund of Chicago (“the Fund”) is requesting proposals from qualified firms interested in providing U.S. SMID Cap Value Equity Management (“Offerors”). Please refer to the Scope of Proposed U.S. SMID Cap Value Search Memorandum for details about the parameters of the search. All forms needed for submitting a Request for Proposal (“RFP”) is available on the Fund’s website at: www.chipabf.org. Information regarding the RFP may not be available in any other form or location. Bidders are responsible for monitoring the website. Bidders are also responsible for reviewing and completing the required documents under the Investment/Search/Documents portion of the website.

Professional Advisors

Legal Advisor

  • David R. Kugler, ESQ

Medical Advisor

  • Peter Orris, M.D.

Investment Consultant

Consulting Actuary

Auditor

Master Custodian

Commercial Bank

U.S. SMID Value Search

Request for Proposal

The Board’s investment consultant, NEPC (“the Consultant”) shall oversee the RFP process. If you are interested, you must submit an original hardcopy and electronic copy of the complete Proposal by March 30, 2012 to:

NEPC
Attn.: Hillary Goldy
One Main Street
Cambridge, MA 02142-1517 hgoldy@nepc.com

RFP Submission

Awarded

  • Finalized

RFP Documents

Archived

RFP Disclaimers

PABFProposals become the property of the Fund and these and any late submissions will not be returned. Your Proposal will be open to the public under the Illinois Freedom of Information Act (FOIA) (5 ILCS 140) and other applicable laws and rules, unless you request in your Proposal that we treat certain information as exempt. We will not honor requests to exempt an entire Proposal. You must show the specific grounds in FOIA or another law or rule that support exempt treatment. Regardless, we will disclose the successful Bidder’s name, and the substance of the Proposal. If you request exempt treatment, you must submit an additional copy of the Proposal with exempt information deleted. This copy must tell the general nature of the material removed and shall retain as much of the Proposal as possible. You will be responsible for any costs or damages associated with our defending your request for exempt treatment. You agree the Fund may copy the Proposal to facilitate evaluation, or to respond to requests for public records. You warrant that such copying will not violate the rights of any third party.

Non-Discrimination: No decisions regarding Bidders will be influenced by race, sex, color, religion, national origin, age, disability, veteran status, marital status, or any other unlawful basis.

Exceptions

Exceptions: (i) sole source procurements, (ii) emergency procurements, and (iii) at the discretion of the pension fund, retirement system, or board of investment, contracts that are nonrenewable and one year or less in duration, so long as the contract has a value of less than $20,000.