INVESTMENT CONSULTANT SEARCH

Posted: January 31, 2022 | Current Status: RFP closed. Evaluating proposals.

The Retirement Board of the Policemen’s Annuity and Benefit Fund of Chicago is requesting proposals from qualified firms to provide investment consultant services for a period up to, but not exceeding five (5) years.

The RFP and relevant documents for this search are available through the following links:

RFP

Exhibit A – Statement of Certification

Exhibit B – Required Disclosures

Employee Diversity Chart

Electronic responses are due by:
4:00pm CST on March 10, 2022. Responses submitted after this time and date will not be considered.

Questions concerning the RFP must be submitted in writing via e-mail to Fund Counsel Justin Kugler, jkugler@chipabf.org by 4pm CST on February 14, 2022. Responses to properly submitted questions will be consolidated in a single Q&A document and posted on the funds’s website on or around February 22, 2022.

Investment Consultant Q&A

No phone calls please.

PRIVATE EQUITY PROVIDER SEARCH

Posted: June 29, 2021 | Current Status: Awarded to Mesirow and Adams Street

The Retirement Board of the Policemen’s Annuity and Benefit Fund of Chicago is requesting proposals from qualified firms interested in managing Growth Equity, Special Situations or Co-Investment Private Equity fund(s).

The RFP and relevant documents for this search can be found on the Fund’s investment consultant’s website by clicking this link.

Electronic responses are due by:
4:00pm CST on July 30, 2021. Responses submitted after this time and date will not be considered.

Questions concerning the RFP must be submitted in writing via e-mail to the investment consultant’s search contact by 3pm CST on July 8, 2021. Responses to properly submitted questions will be consolidated in a single Q&A document and posted on the consultant’s website on or around July 15, 2021. No phone calls please.

PRIVATE DEBT PROVIDER SEARCH

Posted: June 29, 2021 | Current Status: Awarded to Brightwood and JP Morgan

The Retirement Board of the Policemen’s Annuity and Benefit Fund of Chicago is requesting proposals from qualified firms interested in managing niche lending and/or opportunistic credit private debt fund(s).

The RFP and relevant documents for this search can be found on the Fund’s investment consultant’s website by clicking this link.

Electronic responses are due by:
4:00pm CST on July 30, 2021. Responses submitted after this time and date will not be considered.

Questions concerning the RFP must be submitted in writing via e-mail to the investment consultant’s search contact by 3pm CST on July 8, 2021. Responses to properly submitted questions will be consolidated in a single Q&A document and posted on the consultant’s website on or around July 15, 2021. No phone calls please.

PASSIVE INDEX PROVIDER SEARCH

Posted: April 3, 2021 | Current Status: Awarded to Xponance and Northern Trust Asset Management

The Retirement Board (“the Board") of the Policemen’s Annuity and Benefit Fund of Chicago is requesting proposals from qualified firms interested in providing traditional passive/index services. The purpose is to engage a firm with a broad suite of traditional index funds/products that the Board can utilize when it is determined to do so. The search is limited to traditional long only investment managers, hedge fund managers will not be considered for this mandate.

The RFP and relevant documents for this search can be found on the Fund’s investment consultant’s website by clicking this link.

Electronic responses are due by:
3:00 CST on May 3, 2021. Responses submitted after this time and date will not be considered.

Questions concerning the RFP must be submitted in writing via e-mail to the investment consultant’s search contact by 12pm CST on April 16, 2021. Responses to properly submitted questions will be consolidated in a single Q&A document and posted on the consultant’s website on or around April 23, 2021. No phone calls please.

US SMALL/MID CAP VALUE EQUITY

Posted: October 10, 2020 | Current Status: Awarded to Ariel Investments

The Board is seeking proposals from qualified respondents to administer and provide operational management of the elections for the three elected and active police officer members and one elected annuitant Board member.

The RFP and relevant documents for this search can be found on the Fund’s investment consultant’s website by clicking this link.

Electronic responses are due by:
3:00 CST on September 1, 2020. Responses submitted after this time and date will not be considered.

Questions concerning the RFP must be submitted in writing via e-mail to the investment consultant’s search contact by 12pm CST on August 10,2020. Responses to properly submitted questions will be consolidated in a single Q&A document and posted on the consultant’s website on or around August 17, 2020. No phone calls please.