ID: RFP-20-26-05
The State Universities Retirement System of Illinois (SURS) is requesting proposals from qualified investment management firms for public, Emerging Manager (AUM under $10 billion) Equity products. SURS will consider strategies focused in the sub-asset classes of Global Small Cap, Global Growth, ACWI ex-US Core, and Emerging Markets. SURS will not consider micro-cap, SMID-cap, hedged funds, or strategies that short equities. Manager of managers programs will also be considered.
| Document Name | Date | Pages |
|---|---|---|
| Public Equity Strategies (Emerging Managers) | January 27, 2026 | 36 |
| Public Equity Strategies (Emerging Managers) – Microsoft Word | January 27, 2026 | 36 |
| Appendix B – Diversity Disclosure – Microsoft Excel | January 27, 2026 | 2 |
| Appendix E – Sustainability Disclosure | January 27, 2026 | 1 |
Schedule
| Description | Date |
|---|---|
| Quiet Period Begins | January 27, 2026 |
| RFP Issued | January 27, 2026 |
| Responder Questions Due | February 13, 2026, 4:30 p.m. CT |
| Responses to Questions | February 20, 2026, 4:30 p.m. CT |
| RFP Responses Due on or Before | March 10, 2026, 4:30 p.m. CT |
| 1st Round Interviews (Virtual) | April – June 2026 |
| 2nd Round Interviews (On-site with manager) | May – September 2026 |
| Finalist Interviews and Selection (SURS offices) | July – December 2026 |