ID: RFP-20-23-01
The State Universities Retirement System of Illinois (SURS) is soliciting proposals from investment consulting firms to provide general consulting services to SURS investment staff and SURS Board of Trustees for the Defined Benefit plan. This is a non-discretionary mandate with SURS retaining discretion over all manager/fund selection decisions. Private equity, private credit and real assets are not covered in this RFP as SURS has specialty consultants in those classes. SURS also has a separate consultant for the Defined Contribution plan.
| Document Name | Date | Pages |
|---|---|---|
| General Consultant – Defined Benefit | July 5, 2022 | 36 |
| Appendix E – SURS Diversity Disclosure – Microsoft Excel | July 5, 2022 | 3 |
| Appendix F – Compensation and Economic Opportunity Disclosure – Microsoft Word | July 5, 2022 | 2 |
| Appendix G – SURS Investment Plan FY 2022 | July 5, 2022 | 26 |
| Question and Answer Document | July 29, 2022 | 3 |
| Summary Risk Report | July 29, 2022 | 11 |
Schedule
| Description | Date |
|---|---|
| Quiet Period Begins | July 5, 2022 |
| RFP Issued | July 5, 2022 |
| Responder Questions Due | July 15, 2022 |
| Responses to Questions | July 29, 2022 |
| RFP Responses Due 4:30 p.m. CST | August 31, 2022 |
| Evaluations | September-October 2022 |
| Interviews | November 2022 |
| Selection by SURS | December 8, 2022 |
All dates subject to change at SURS discretion