RFP - Firemen’s Annuity & Benefit Fund of Chicago - Private Equity Fund-of-Funds

The Firemen’s Annuity & Benefit Fund of Chicago (the Fund) is searching for an investment advisor from qualified investment advisors to manage the following investment mandate in a fiduciary capacity to the Fund:

  • Private Equity Fund-of-Funds: The approximate mandate will be up to $30 million in commitments spread over three years. Final commitment amounts will be based on factors such as the selected advisor’s fund offering frequency and updates to the Fund’s pacing and commitment strategy.
  • The advisor shall have the skillset to allocate capital globally to primary funds, including minority-owned managers, to secondary funds and to co-investments. The Fund is seeking a platform that is diversified across vintage year, industry sector, geographically, and strategy type. To be considered, the advisor must be raising a fund with a closing date no later than December 30, 2020.

Submission deadline is November 1, 2019. For the full RFP, click here.