Procurement
Comptroller (OOC)
1 Centre Street, Room 800 South, New York, NY 10007
Noreen Pye
phone: (212) 669-2756
email: npye@comptroller.nyc.gov
phone: (212) 669-2756
email: npye@comptroller.nyc.gov
Archived
Services (other than human services)
Innovative Procurement
2/1/2017
Solicitation
PIN#015-178-19600 EY Due:
Description
The Comptroller of the City of New York (the “Comptroller”), acting on behalf of the New York City Employees’ Retirement Systems, the Teachers’ Retirement System for the City of New York, the New York City Police Pension Fund, Subchapter 2, the New York City Fire Department Pension Fund, Subchapter Two, the New York City Board of Education Retirement System, the New York City Firefighters’ Variable Supplements Funds, the New York City Fire Officers’ Variable Supplements Fund, the New York City Police Officers’ Variable Supplement Funds, and the New York City Police Superior Officers’ Variable Supplements Fund and related funds (the “Systems”), is conducting a manager search to identify investment management firms to manage Enhanced Yield Fixed Income portfolios for one or more of the Systems.
How to Participate in this Search: To be considered, investment management firms must comply with the following requirements:
1. All candidates should carefully review the Notice of Search and the Minimum Requirements described in Section B of the Notice. Interested candidates, including incumbent managers, that meet the minimum requirements, must enter their information in the following three databases in order to be considered. The Systems’ Investment Consultants will review the following databases and provide BAM with a written report identifying the Investment Managers who meet the minimum requirements set forth in the Notice of Search.
a. For Callan, investment firms must submit their information directly to the Investment Consultant. Information on requirements for entering information into these databases can be found at: http://www.callan.com (click on “Manager Questionnaire”).
b. For Wilshire, investment firms must submit their information directly to the Investment Consultant (Wilshire Compass). Information on requirements for entering information into these databases can be found at: https://compassportal.wilshire.com.
c. For Rocaton, NEPC and Segal Rogerscasey, investment firms must enter their information into eVestment Alliance’s database. Information on requirements for entering information into these databases can be found at https://www.evestment.com (click on “Submit My Data”).
2. All firms must ensure that they completely identify their firm and product information in the aforementioned databases. Additionally, firms must ensure that the information is current and accurate.
3. There is no fee for entering information into the aforementioned databases. Investment managers are advised that information in the database may become part of any pool contract that results from this Search.
Current and accurate data must be in the aforementioned databases no later than February 23, 2017, at which time the respective Investment Consultant shall commence its review of the database.
Minority-owned and women-owned businesses or partnership arrangements with minority-owned and women-owned investment firms are encouraged. Additionally, participation by small and New York City-based businesses is encouraged.
The Notice of Search will be available for download from the Comptroller’s Web site, www.comptroller.nyc.gov, on or about February 1, 2017. To download the Notice of Search, select “RFPs and Solicitations” then “Notice of Search for Enhanced Yield Fixed Income Investment Management Services.” Questions about the Notice of Search should be transmitted by e-mail to Noreen Pye at EnhancedYieldSearch@comptroller.nyc.gov by February 13, 2017.
How to Participate in this Search: To be considered, investment management firms must comply with the following requirements:
1. All candidates should carefully review the Notice of Search and the Minimum Requirements described in Section B of the Notice. Interested candidates, including incumbent managers, that meet the minimum requirements, must enter their information in the following three databases in order to be considered. The Systems’ Investment Consultants will review the following databases and provide BAM with a written report identifying the Investment Managers who meet the minimum requirements set forth in the Notice of Search.
a. For Callan, investment firms must submit their information directly to the Investment Consultant. Information on requirements for entering information into these databases can be found at: http://www.callan.com (click on “Manager Questionnaire”).
b. For Wilshire, investment firms must submit their information directly to the Investment Consultant (Wilshire Compass). Information on requirements for entering information into these databases can be found at: https://compassportal.wilshire.com.
c. For Rocaton, NEPC and Segal Rogerscasey, investment firms must enter their information into eVestment Alliance’s database. Information on requirements for entering information into these databases can be found at https://www.evestment.com (click on “Submit My Data”).
2. All firms must ensure that they completely identify their firm and product information in the aforementioned databases. Additionally, firms must ensure that the information is current and accurate.
3. There is no fee for entering information into the aforementioned databases. Investment managers are advised that information in the database may become part of any pool contract that results from this Search.
Current and accurate data must be in the aforementioned databases no later than February 23, 2017, at which time the respective Investment Consultant shall commence its review of the database.
Minority-owned and women-owned businesses or partnership arrangements with minority-owned and women-owned investment firms are encouraged. Additionally, participation by small and New York City-based businesses is encouraged.
The Notice of Search will be available for download from the Comptroller’s Web site, www.comptroller.nyc.gov, on or about February 1, 2017. To download the Notice of Search, select “RFPs and Solicitations” then “Notice of Search for Enhanced Yield Fixed Income Investment Management Services.” Questions about the Notice of Search should be transmitted by e-mail to Noreen Pye at EnhancedYieldSearch@comptroller.nyc.gov by February 13, 2017.