Large Capitalization Value

The State of California is seeking proposals for Large Capitalization (Value and Growth) investment strategies for the Savings Plus Program through Request for Proposal (RFP) 700-16-01. The procurement seeks qualified investment managers to provide comprehensive investment management services specifically targeting large capitalization value and growth investment strategies for program participants. The primary objective is to offer diversified investment options within the Savings Plus Program that can deliver competitive returns and robust investment performance. Key deliverables will include detailed investment strategy documentation, performance reporting, and compliance with state investment guidelines. The RFP was initially posted on April 21, 2016, with a proposal submission deadline of June 2, 2016. Multiple addenda have been issued, including Addendum 1, 2, and 3, which likely contain clarifications, questions and answers, and supplemental documentation. Evaluation criteria are anticipated to include investment strategy expertise, historical performance, firm capabilities, proposed fees, and alignment with program objectives.

While specific set-aside designations are not explicitly detailed in the provided information, California state procurement typically encourages participation from diverse and disadvantaged business enterprises. The contract appears to be structured for professional investment management firms with substantial experience in large capitalization investment strategies. The Savings Plus Program likely represents a significant investment opportunity, though precise award values are not specified in the available documentation. The procurement seems focused on selecting multiple investment managers who can provide high-quality, diversified large capitalization investment options for program participants. Potential respondents should possess demonstrated expertise in managing large-cap value and growth investment portfolios, with a proven track record of competitive performance and risk management. The contract is expected to serve state employees and potentially other eligible participants in the Savings Plus Program, requiring comprehensive investment management capabilities and strategic investment approach.