State of Rhode Island Office of the General Treasurer - Emerging Manager Program Manager RFI
Rhode Island Office of the General Treasurer | State of Rhode IslandState · Providence, RI- Due
- Jan 18, 2027
- 76 days left
- Posted
- Oct 19, 2026
- Contract term
- 5 years
- Primary contact
- Justin Maistrow
- (555) 123-4567
The 30-second brief
The Office of the General Treasurer, in conjunction with the State Investment Commission (SIC), is issuing this Request for Information to assess the feasibility of establishing an Emerging Manager Program administered through either a Separately Managed Account structure or Discretionary Advisory Mandate for the Rhode Island Employees' Retirement Systems Pooled Trust. The EMP Manager will source, diligence, underwrite, execute investments, build out, and manage an Emerging Manager portfolio covering private markets including Private Equity, Private Credit, Real Estate, and Real Assets. The anticipated mandate size is between $100 million and $200 million, funded over a three to five-year period. Responses are due by January 18, 2027, at 4:00 p.m. Eastern Time via electronic submission to [email protected].
Organizational Strength and Stability, SMA or DAM Expertise Specific to Emerging Managers, Investment and Operational Due Diligence Rigor, Portfolio Construction and Risk Management, Reporting and Technology, Compliance, Ethics, and Governance, Strategic Fit with the Pooled Trust, Fee Oversight Philosophy
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Summary
The Office of the General Treasurer, in conjunction with the State Investment Commission (SIC), is issuing this Request for Information to assess the feasibility of establishing an Emerging Manager Program administered through either a Separately Managed Account structure or Discretionary Advisory Mandate for the Rhode Island Employees' Retirement Systems Pooled Trust.
The EMP Manager will source, diligence, underwrite, execute investments, build out, and manage an Emerging Manager portfolio covering private markets including Private Equity, Private Credit, Real Estate, and Real Assets. The anticipated mandate size is between $100 million and $200 million, funded over a three to five-year period. Responses are due by January 18, 2027, at 4:00 p.m. Eastern Time via electronic submission to [email protected].
EVALUATION CRITERIA
10- Organizational Strength and Stability
- SMA or DAM Expertise Specific to Emerging Managers
- Investment and Operational Due Diligence Rigor
- Portfolio Construction and Risk Management
- Reporting and Technology
- Compliance
- Ethics
- Governance
- Strategic Fit with the Pooled Trust
- Fee Oversight Philosophy
REQUIRED ATTACHMENTS
10- Attachment A – Cover Letter and Authorized Signature
- Attachment B – Form ADV Part 2
- Attachment C – Code of Ethics
- Attachment D – Conflict of Interest Policy
- Attachment E – Placement Agent Certification
- Attachment F – Insurance Certificates
- Attachment G – Sample Reporting
- Attachment H – Cybersecurity and Data Protection Summary
- Attachment I – Business Continuity and Disaster Recovery Summary
- Attachment J – Fiduciary Acknowledgment Statement
- Submit to
- [email protected]
- Duration
- 60 months
- Scope location
- Providence, RI
- Reported agency
- State of Rhode Island
Questions about this RFI
How do I respond to this RFI from Rhode Island Office of the General Treasurer | State of Rhode Island?
Review the full solicitation document for submission requirements, evaluation criteria, and deadlines. The submission deadline is January 18, 2027. Be sure to include all required attachments as outlined in the solicitation. Submissions should be delivered to: [email protected]. For questions, contact Justin Maistrow.
Can small businesses or minority-owned firms bid on this RFI?
Most government agencies, including Rhode Island Office of the General Treasurer | State of Rhode Island in RI, encourage participation from small businesses, minority-owned, women-owned, and disadvantaged business enterprises (MBE/WBE/DBE). Check the full solicitation for any small business participation goals.
What happens after the RFI submission deadline?
After the deadline, the issuing agency reviews all submissions against the stated evaluation criteria. This typically includes a compliance check, technical evaluation, cost analysis, and may involve oral presentations with shortlisted vendors.
Can I ask questions about this solicitation before submitting?
Yes, most solicitations allow vendors to submit questions during a designated period. The primary contact is Justin Maistrow at (555) 123-4567. Questions and answers are typically shared with all prospective bidders.
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What are the evaluation criteria for this solicitation?
This solicitation includes specific evaluation criteria that will be used to score proposals. The criteria include: "Organizational Strength and Stability, SMA or DAM Expertise Specific to Emerging Managers, Investment and Operational Due Diligence Rigor, Portfolio Construction and Risk Management, Reporting and Tec..." Vendors should carefully align their proposals with each criterion to maximize their score.
Where can I find more RFPs from Rhode Island Office of the General Treasurer | State of Rhode Island?
All active and historical solicitations from Rhode Island Office of the General Treasurer | State of Rhode Island are tracked and searchable. As a state agency, Rhode Island Office of the General Treasurer | State of Rhode Island regularly publishes solicitations. Visit the agency profile to see current open bids, past contracts, vendor relationships, and decision-maker contacts.
What is the contract term for this solicitation?
The anticipated contract term is 5 years. Contract terms may include renewal options.
Is this solicitation still open for submissions?
Based on the posted deadline of January 18, 2027, this solicitation appears to still be accepting submissions. Deadlines may change through amendments or addenda, so always verify the current status directly with the issuing agency before preparing your response.
What documents are required to bid on this RFI?
Requirements vary by solicitation, but common documents include a technical proposal, cost/price proposal, proof of insurance, relevant certifications, past performance references, and any forms specified in the solicitation. This solicitation specifically requires the following attachments: Attachment A – Cover Letter and Authorized Signature, Attachment B – Form ADV Part 2, Attachment C – Code of Ethics, Attachment D – Conflict of Interest Policy, Attachment E – Placement Agent Certific. Review the full document from Rhode Island Office of the General Treasurer | State of Rhode Island for the complete list.
What is the scope of this project?
This solicitation defines a specific project scope. The scope covers the following locations: Providence, RI. Review the full solicitation for detailed scope requirements.