Investment Management Services and Custodianship for Alabama Peace Officers Annuity and Benefit Fund

The Alabama Peace Officers’ Annuity & Benefit Fund requires investment management, consulting, and custodianship services for its portfolio, which holds approximately $45,000,000. Scope includes providing monthly valuations and performance reports, attending monthly board meetings, and managing a fixed income portfolio expected to exceed average annual returns of the government/credit index over a full market cycle. Bidders must be U.S. organizations registered with the SEC under the Investment Advisors Act of 1940 and fully registered as a supplier in Alabama Buys. Additional qualifications include maintaining errors and omissions insurance and qualifying with the Alabama Secretary of State. Proposals are evaluated based on performance (20%), reporting (20%), advisory support (20%), cost structure (20%), and experience (20%). Questions must be emailed to [email protected] by November 2, 2026. Complete proposals containing required Exhibits A through D and a Disclosure Statement must be uploaded to Alabama Buys by 4:30 p.m. CT on November 16, 2026. The contract term runs from January 28, 2027, through September 30, 2028, with options for two one-year renewals. Managers will receive quarterly compensation in arrears based on fair market value.