04-11-2016: California Department of Human Resources (CalHR), Savings Plus Program (SPP) will be advertising the Request for Proposal 700-16-01, Large Cap Growth and Large Cap Value Investment categories. The RFP will be posted on Thursday, April 21, 2016.
The Department of Human Resources (CalHR) invites you to review and respond to this Request for Proposal (RFP),titled RFP # 700-16-01 Large Cap Investments, for Domestic Large Capitalization Growth Equity ("Large Cap Growth") and Domestic Large Capitalization Value Equity ("Large Cap Value") (actively managed) investment categories.
Contract Duration
CalHR intends that the successful firm(s) will enter into Agreement(s) with CalHR for a five-year period beginning November 1, 2016, with the non-binding option to extend the Agreement for up to two (2) additional one-year periods.
Interest Letter
RFP 700-16-01
April 11, 2016
The California Department of Human Resources (CalHR), Savings Plus Program (Savings Plus or SPP), will release a Request for Proposal (RFP) # 700-16-01 on or about April 21, 2016 to solicit bids for two (2) investment managers in the US Large Capitalization Growth Equity (actively managed) category and for two (2) investment managers in the US Large Capitalization Value Equity(actively managed) category.
The service provider(s) awarded through this competitive bid process will replace the current Savings Plus business partners should they be different than the incumbents.
We believe your firm may be interested in participating in this competitive bid process. Here is a brief description of services being sought and further instructions to acquire the RFP bid package.
US Large Capitalization Value Equity (actively managed)
CalHR seeks a daily valued investment vehicle designed to outperform the performance of the Russell 1000 Value Index. To achieve this goal, the strategy should invest in a portfolio of U.S. stocks that exhibit characteristics representative of a Large-Cap Value investment style.
Benchmark: Russell 1000 Value Index
Peer Group: eVestment Alliance US Large Cap Value Equity
US Large Capitalization Growth Equity (actively managed)
CalHR seeks a daily valued investment vehicle designed to outperform the performance of the Russell 1000 Growth Index. To achieve this goal, the strategy should invest in a portfolio of U.S. stocks that exhibit characteristics representative of a Large-Cap Growth investment style.
Benchmark: Russell 1000 Growth Index
Peer Group: eVestment Alliance US Large Cap Growth Equity