Investment Management and Custodial Services

The Alabama Peace Officers' Annuity and Benefit Fund is seeking investment management, consulting, and custodial services for an approximately $45 million balanced portfolio, with monthly reporting and advisor attendance at board meetings.

Alabama > Alabama Peace Officers' Annuity and Benefit Fund > Board of Commissioners


General
Open
SRC0000037379
Nov 16, 2026 09:30 PM
Oct 26, 2026 09:02 PM
1 year 9 months base + 2 × 1 year options
Request for Proposal (RFP)
State
Ask AI about this solicitation
Contact
bonnee.bailey@apoabf.alabama.gov
Submission Instructions
Online
Description

The Alabama Peace Officers' Annuity and Benefit Fund seeks investment management and consulting services, including custodial services, for its approximately $45 million balanced portfolio. Proposals should describe the firm’s investment approach and provide gross and net performance data for fixed-income and equity portfolios for the one-, three-, five-, and ten-year periods ending December 31, 2025. The Fund expects fixed-income performance to exceed the Bloomberg A+ U.S. Government/Credit Index over a full market cycle and seeks equity performance above the S&P Composite 1500; individual fixed-income securities must be rated A or better. The selected firm must provide monthly statements and performance reports, other specified portfolio reporting, and a senior portfolio advisor to attend monthly and called board meetings. Proposals must include a fee schedule for investment management of an initially approximately $45 million portfolio, with breakpoints, and fees for custody services if applicable. The initial term is expected to be 21 months, with two one-year renewal options.

Classification Codes
NAICS523940Portfolio Management and Investment Advice
PSCR799Other Management Support Services
Smart Codes
investment management servicesinvestment custody servicesinvestment performance reporting
Specifications
Service Only
Timeline
Nov 02, 2026 11:00 PM-Questions Due
Nov 16, 2026 10:30 PM-Proposal Submission Deadline
Requirements
Required
  • Errors and omissions insurance
Scored
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