Investment Management Services for the Global Socially Responsible Index Fund
Title:  

Investment Management Services for the Global Socially Responsible Index Fund

Agency:  

NYC Office of Labor Relations (OLR)

State:  

New York

NAICS Code:  

523920

Industry:  

Financial Services

Solicitation Type:  

Request for Proposal

Solicitation ID:  

PIN#214250000175

Open Date:  

5/22/2025

Close Date:  

6/16/2025

Last Updated:  

6/13/2025

Description:
The New York City Deferred Compensation Plan is seeking a vendor to provide passive global socially responsible equity investment management services for the Global Socially Responsible Index Fund. The selected vendor will be required to provide exposure to the MSCI ACWI SRI Index through a non-lending commingled fund or separate account. The key aspects of this opportunity include: • Providing global equity exposure through a separate account • Investing passively in the MSCI ACWI SRI Index • Offering a non-lending commingled fund or separate account • Meeting the requirements of the New York City Deferred Compensation Plan • Encouraging proposals from certified minority-owned and/or women-owned businesses or proposals that include partnering arrangements with certified minority-owned and/or women-owned firms • Encouraging proposals from small and New York City-based businesses
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Elizabeth Krupa

ekrupa@olr.nyc.gov

(212) 306-7646

Budget Estimate (AI):

$100,000 – $1,000,000

The budget for this opportunity is difficult to estimate, as the document does not provide information on the specific amount of funds to be managed or the fees associated with the investment management services. However, considering the nature of the services and the fact that it's a large-scale investment management project, the budget could potentially be in the range of $100,000 to $1,000,000 or more, depending on the scope and complexity of the project. Factors that may influence the likely payment range include the size of the fund, the level of expertise required, and the duration of the contract.

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