US Equity Active
Agency: | The New York State Contract Reporter |
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State: | New York |
Level of Government: | State & Local |
Category: |
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Opps ID: | NBD15621389411331327 |
Posted Date: | Feb 21, 2024 |
Due Date: | Apr 5, 2024 |
Source: | Members Only |
Description: Pursuant to the provisions of 9 NYCRR, Section 9003.2 authorized by Section 5 of the State Finance Law, the New York State Deferred Compensation Board, beginning February 21, 2024, is soliciting proposals from Financial Organizations to provide Active U.S. Equity management services. The funds will represent several of the investment options under the Deferred Compensation Plan for Employees of the State of New York and Other Participating Public Jurisdictions, a plan meeting the requirements of Section 457 of the Internal Revenue Code and Section 5 of the State Finance Law, including all rules and regulations issued pursuant thereto. A copy of the request for proposals will be posted on Callan’s website ( callan.com ) and the Board website, deferredcompboard.ny.gov . All proposals must be received no later than 5 PM Eastern time on April 5, 2024. The Board is seeking proposals from financial organizations to provide Active U.S. Equity Management as detailed below. Existing managers are invited to rebid. Active categories with proposed benchmarks listed (benchmarks are subject to review):
The process is open to evaluating mutual funds, CITs, or other daily valued, daily liquid pooled vehicles that are eligible for inclusion in the Plan, not to separately managed accounts. Due Date: 04/05/2024 5:00 PMContract Term: Up to 10 Years Location: Ad Type: General
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