Firemen’s Annuity & Benefit Fund of Chicago RFP: MWDBE Private Equity Fund

The Firemen’s Annuity & Benefit Fund of Chicago is searching for qualified investment advisers to manage the following investment mandate in a fiduciary capacity to the fund: MWDBE Private Equity Fund.

The approximate mandate will be $1-$3 million. Only advisers that qualify as a MWDBE investment manager as defined in the Illinois Business Enterprise for Minorities, Women, and Persons with Disabilities will be considered.

Criteria:

  • The adviser must be raising a fund with a closing date (any closing) through December 31, 2023
  • No Fund-of Funds, Credit funds, BDC funds, PIPE funds, Secondary funds, or non USD denominated funds
  • Limited Partnership vehicles preferred
  • Invest in companies primarily located in the United States
  • No more than 20% of the aggregate commitments will be permanently invested in any single portfolio company
  • The adviser must have a fully documented, transportable track record of realized investments in private equity assets of at least three years

How to Participate in This Search: Visit the fund’s website for the full RFP

Deadlines: 

RFP Questions: Nov. 4, 2022 (12:00 p.m. CT)

RFP Submissions: Dec. 16, 2022 (3:00 p.m. CT)

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