The request for proposal (RFP) for Core Plus Fixed Income Investment Manager Services has been issued by the Board of Trustees of the Public School
Teachers’ Pension and Retirement Fund of Chicago, more commonly known as Chicago Teachers’ Pension Fund (CTPF). The total mandate size will be approximately $500 – $750 million. We seek responses from all qualified candidates.
Scope of Core Plus Fixed Income Investment Manager Services: The Investment Manager will provide CTPF with a core plus fixed income strategy according to the following guidelines:
- Minimum fund/strategy size: $1 billion
- Ability to structure investment as a separate account
- Proposed benchmark: Bloomberg U.S. Aggregate Bond Index
All candidate firms must submit their fund information to the Callan database (including any previous fund performance data, where applicable); there is no charge for this process. CTPF’s Investment Policy, Procurement Policy, Administration Rules and Regulations and Code of Ethics, all of which are posted on CTPF’s website here, are subject to change and are adopted and incorporated by reference.
RFP Deadlines:
Deadline for RFP questions: March 7, 2025
Compilation of questions and answers posted to CTPF website: March 14, 2025
RFP due date: March 24, 2025, no later than 12:00pm (CT)
Click here for the RFP documents on the CTPF website.