March 8, 2018

The Illinois State Board of Investment (“ISBI”) hereby issues a request for competitive proposals (“RFP”) from qualified emerging investment managers or minority investment advisory firms to provide Passively-Managed Global Equity Investment Advisory Services (“Respondent”) on behalf of the State of Illinois Deferred Compensation Plan. The benchmark for this allocation will be the
MSCI ACWI or MSCI ACWI IMI.

All forms needed for submitting a response to this RFP are available on ISBI’s website at
https://www.isbinvestment.com/rfp. Respondents to this RFP are responsible for monitoring
ISBI’s website for information pertaining to the RFP, while the RFP is outstanding.

Pursuant to the Illinois Pension Code, ISBI is a non-appropriated state agency that is responsible for
overseeing the State of Illinois Deferred Compensation Plan (the “Plan”). The Plan is a defined
contribution pension plan that is a non-ERISA, governmental plan under Section 457 of the Internal
Revenue Code of 1986. More information regarding ISBI, its Board of Trustees (the “Board”) and
the Plan can be found by reviewing its enabling statute in the Illinois Pension Code at 40 ILCS 5/22A,
40 ILCS 5/24 and its website at: https://www.isbinvestment.com. The relevant Plan demographical
and investment option data is listed below as of December 31, 2017:

Plan Demographics
Total Plan Assets: $4.6 Billion
Total Number of Participants: 52,736
Service Provider(s)
Separate Account Custodian: Northern Trust
Recordkeeper: T. Rowe Price

RFP TIMELINE

A. Date of Issue: March 5, 2018
B. Deadline to Submit Written Questions: March 12, 2018, Noon CDT
C. Q & A Document Posted to ISBI’s Website: March 19, 2018
D. Final Filing Date: March 23, 2018, 3:00PM CDT
E. Potential Interviews: TBD
F. Finalist Notified By: June 2018 (tentative)

VIEW FULL RFP