05-02-2022: International Value and International Growth (Actively Managed) Investments –Notice of Upcoming RFP
CalHR will soon release a Request for Proposal (RFP 22-700-03) seeking bids for International Value and International Growth (actively managed) investments. The investments awarded through this RFP process will be used to replace the current International Value and International Growth investments in the Savings Plus Program's 457(b) Deferred Compensation Plan and 401(k) Thrift Plan.
CalHR will consider institutionally managed investment vehicles including separately managed accounts, commingled trust funds, low-cost retail mutual funds, and institutional mutual funds that can operate in a daily valued recordkeeping environment.
CalHR's investment portfolio is constructed through the use of twenty-three (23) separate accounts, two (2) commingled trust funds, and two (2) mutual funds.
CalHR intends that the successful firms will enter into individual agreements with CalHR for a five-year period beginning December 1, 2022, with the option to extend the agreement for up to two (2) additional one-year periods.
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We plan to release this RFP on or about June 1, 2022.