Private Equity Secondary Market Advisory Services

The Illinois government authority requires a vendor to provide private equity secondary market advisory services while acting as a fiduciary to the agency. The scope includes advising on optimal sale portfolios and transaction structures, analyzing valuations and reserve pricing, managing due diligence, negotiating terms, overseeing legal documentation, coordinating general partner consents, and delivering reports and marketplace overviews to the Board and staff. Only USA onshore organizations are eligible to bid on this opportunity. Bidders must submit questions no later than October 13, 2026, and may submit responses digitally via email or online. The buyer is looking for proposals regarding the budget, but the text does not state the contract term, proposal evaluation criteria, or submission deadline.