ACTIVE EMERGING MARKET EQUITY INVESTMENT MANAGEMENT SERVICES

The PBGC is seeking industry's response in the following eight questions: Please confirm your interest in submitting a proposal in response to this investment management requirement should PBGC issue a request for proposal (RFP).

In your response, please provide your business size (small or other than small) based on NAICS 523940. If your firm is classified as a small business, please provide your socio-economic category (e.g., women-owned small business (SAM)), if any, as listed on SAM.gov or the Small Business Administration (SBA)’s small business dynamic search. PBGC is considering a “fixed rate variable quantity” contract type for this investment management contract.

In this contract type, the investment manager’s earnings are calculated based on the contracted “fixed-rate” percentage multiplied by the dollar value of the assets they managed, rather than being paid a flat fee regardless of the value of the assets they manage. Please confirm that a “fixed rate variable quantity” contract type is customary for investment management services in this industry. Are there any other contract types customary for investment management services?

Additionally, please confirm that a firm fixed price contract type where a flat fee is paid regardless of the value of the assets managed is not customary for these investment management services. If a firm fixed price (flat fee) contract type were used, would you submit a proposal for these investment management services? What is the typical length for investment management contracts? Does a contract length of 5 years or fewer provide too little time to implement investment strategies?

If the contract were 5 years or fewer, would you submit a proposal for these investment management services? Which information security standards does your firm utilizes? i.e. NIST, ISO. In your response, please ensure that you fully identify your firm and POC. We look forward to your responses and thank you in advance for assisting in refining the PBGC's requirements.