Request for Proposals

May 3, 2023

Direct Lending, Opportunistic, and Distressed / Special Situations Fund Manager Search

On April 3, 2023, IMRF requested proposals from investment management firms offering direct lending, opportunistic, and distressed/special situations private credit funds. Responses were due no later than May 1, 2023. The Quiet Period for this RFP began on April 3, 2023 and is expected to continue through August 25, 2023.

The Quiet Period starts when the RFP is issued and ends when a selection is made by the IMRF Board of Trustees, or the process is declared to be complete. Respondents shall not contact IMRF Board members during the Quiet Period. A respondent will be disqualified for violating the Quiet Period.