Procurement
Comptroller (OOC)
Asset Management
1 Centre Street Room 800
Noreen Pye
phone: (212) 669-2755
email: npye@comptroller.nyc.gov
phone: (212) 669-2755
email: npye@comptroller.nyc.gov
Archived
Services (other than human services)
Other
5/24/2017
Solicitation
PIN#015-178-20200 QC Due:
Description
The Comptroller of the City of New York (the “Comptroller”), acting on behalf of the New York City Employees’ Retirement System, the Teachers’ Retirement System for the City of New York, the New York City Fire Department Pension Fund, Subchapter Two, the New York City Board of Education Retirement System and related funds (the “Systems”), is conducting a manager search to identify investment management firms to manage Concentrated Global Equity 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)-(3) below:
1. All firms should carefully review this Notice of Search and the Minimum Requirements described in Section B of the Notice of Search. Interested firms that meet the Minimum Requirements must enter their information in the following databases to be considered by each of the Investment Consultants. The Investment Consultants will review the databases and provide the Comptroller’s Bureau of Asset Management with a written report identifying the investment manager or managers that meet the Minimum Requirements.
a. For Callan, investment firms must submit their information directly to Callan. Information on requirements for entering information into Callan’s database can be found at: http://www.callan.com (click on “Manager Questionnaire”).
b. For Rocaton, NEPC and Segal Marco Advisors, investment firms must enter their information into eVestment Alliance’s database. Information on requirements for entering information into this database 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 entered in the aforementioned databases no later than June 16, 2017 at which time the respective Investment Consultant shall commence its review of the database.
The Notice of Search will be available for download from the Comptroller’s Web site, www.comptroller.nyc.gov, on or about May 24, 2017. To download the Notice of Search, select “RFPs and Solicitations” then “Notice of Search for Concentrated Global Equity Investment Management Services.” Questions about the Notice of Search should be transmitted by e-mail to Noreen Pye at ConcentratedGlobal@Comptroller.nyc.gov by June 8, 2017.
How to Participate in this Search: To be considered, investment management firms must comply with the following requirements (1)-(3) below:
1. All firms should carefully review this Notice of Search and the Minimum Requirements described in Section B of the Notice of Search. Interested firms that meet the Minimum Requirements must enter their information in the following databases to be considered by each of the Investment Consultants. The Investment Consultants will review the databases and provide the Comptroller’s Bureau of Asset Management with a written report identifying the investment manager or managers that meet the Minimum Requirements.
a. For Callan, investment firms must submit their information directly to Callan. Information on requirements for entering information into Callan’s database can be found at: http://www.callan.com (click on “Manager Questionnaire”).
b. For Rocaton, NEPC and Segal Marco Advisors, investment firms must enter their information into eVestment Alliance’s database. Information on requirements for entering information into this database 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 entered in the aforementioned databases no later than June 16, 2017 at which time the respective Investment Consultant shall commence its review of the database.
The Notice of Search will be available for download from the Comptroller’s Web site, www.comptroller.nyc.gov, on or about May 24, 2017. To download the Notice of Search, select “RFPs and Solicitations” then “Notice of Search for Concentrated Global Equity Investment Management Services.” Questions about the Notice of Search should be transmitted by e-mail to Noreen Pye at ConcentratedGlobal@Comptroller.nyc.gov by June 8, 2017.