COAERS Issues RFP For Private Markets Investment Consultant
January 6, 2025 | News Release
AUSTIN, TX – The City of Austin Employees’ Retirement System issued a Request for Proposal (RFP) for private markets investment consultants. The $3.6 billion fund is soliciting proposals from qualified bidders to provide full-service non-discretionary professional investment consulting services for private markets to the COAERS fund.
Proposals are due for submission by 5 pm Central Time on February 7, 2025. Bids will be publicly opened on February 10, 2025, at 12 pm, Central Time via virtual meeting.
For information about this procurement, please visit the COAERS website at www.coaers.org/pmc-rfp.
Please note the following important dates:
| Schedule of Events | Date |
|---|---|
| RFP Issuance | January 6, 2025 |
| Deadline for Submission of Questions | January 15, 2025 |
| Pre-Proposal Conference | January 22, 2025 at 3 pm CST |
| Deadline to register as a Proposer | January 24, 2025 |
| Deadline for Submission of Proposals | February 7, 2025 |
| Public Proposal Opening | February 10, 2025 |
About COAERS
COAERS, a defined benefit pension fund, was originally established in 1941 by City ordinance and has been governed by Texas state law since 1991. Governed by an eleven-member Board of Trustees, COAERS administers retirement, disability, and death benefit programs for full-time employees of the City of Austin, and serves more than 20,000 active members, retirees, and beneficiaries.
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Contact
Mehrin Rahman, Communications Director
mehrin.rahman@coaers.org