September 28, 2016
The Office of the Illinois State Treasurer (“Treasurer”) is issuing this Request for Proposals Taxable Municipal Bond Emerging Manager (“RFP”) to retain an emerging investment manager to invest approximately $25 million in taxable municipal bonds, held in a separately managed account in the name of the Treasurer. In addition to other requirements, it is a mandatory requirement for Respondents to be “emerging investment managers,” as defined by 30 ILCS 575/4f. Respondents shall submit responses (“Proposal”) to this RFP by 2:00 p.m. CT on October 21, 2016. The Treasurer intends to select the Respondent with the most effective, yet cost efficient Proposal. The successful Respondent (“Contractor”) shall enter into a contract with the Treasurer (“Agreement”) for a term of 4 years. Upon expiration of this term, the Treasurer may elect to extend the Agreement for a period of time agreed upon by the parties, not to exceed a total of ten (10) years, including the initial four (4) years.
NAST Appointed to Congressional Task Force on Intergovernmental Affairs https://goo.gl/do8ZYR