The Request for Proposal (RFP) has been issued by the Board of Trustees of the Public School Teachers’ Pension and Retirement Fund of Chicago (CTPF). The Board solicits proposals from all qualified professional firms interested in providing core fixed income investment management services. The investment manager will provide CTPF with a core 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
The total mandate size will be approximately $150-$350 million. CTPF seeks responses from all qualified candidates and reserves the right to reject any or all proposals and to solicit additional proposals if that is determined to be in the best interest of the Fund.
CTPF will partner with Callan LLC to evaluate responses received for this investment manager search. 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.
Click below for the RFP documents:
Full Request for Proposal (PDF)
Exhibit C – 2023 EEOC Table (Excel)
Deadline for written RFP questions: April 26, 2024
RFP submission due date: May 13, 2024, 4:00 p.m. (CT)