ID: RFP-20-25-03
The State Universities Retirement System of Illinois (SURS) is requesting proposals from qualified investment management firms for U.S. or Global Multi-Sector Credit (long-only) products. SURS is issuing the RFP for due diligence purposes to ensure the receipt of high-quality, cost-effective services.
Consultant Meketa Investment Group is assisting.
Proposals from certified minority-owned and/or women-owned businesses or proposals that include partnering arrangements with certified minority-owned and/or women-owned firms are encouraged.
A selection is tentatively scheduled for the pension fund’s June 5 board meeting.
Please note that Page 8 of the RFP has been updated to reflect the correct question submission and response date. Responders should refer to the revised document for accurate deadlines and the schedule below.
| Document Name | Date | Pages |
|---|---|---|
| Multi-Sector Credit Strategies | February 19, 2025 | 33 |
| Multi-Sector Credit Strategies – Microsoft Word | February 19, 2025 | 33 |
| Appendix B – Diversity Disclosure – Microsoft Excel | February 19, 2025 | 2 |
| Appendix E – Sustainability Disclosure | February 19, 2025 | 1 |
| Question and Answer Document | March 5, 2025 | 10 |
Schedule
| Description | Date |
|---|---|
| Quiet Period Begins | February 19, 2025 |
| RFP Issued | February 19, 2025 |
| Responder Questions Due | February 26, 2025, 4:30 p.m. CT |
| Responses to Questions | March 5, 2025, 4:30 p.m. CT |
| RFP Responses Due on or Before | March 19, 2025, 4:30 p.m. CT |
| Evaluations & Interviews | April 2025 |
| Estimated Selection Date | June 5, 2025 |