Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE80. PUBLIC OFFICIALS AND EMPLOYEES |
PART1650. THE ADMINISTRATION AND OPERATION OF THE TEACHERS' RETIREMENT SYSTEM |
SUBPARTP. COMPETITIVE SELECTION PROCEDURES FOR INVESTMENT SERVICES |
§1650.3010. Public Markets Manager Database
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a) The consultant makes use of an industry database (Manager Database) containing institutional quality firms that are registered investment managers. No fee is required to participate in the Manager Database.
b) The Manager Database serves as the primary pool from which the System identifies candidates for public market investment manager searches.
c) To be considered in a public market search, all interested investment managers not currently in the Manager Database should ensure that all required information has been submitted to the Manager Database prior to the screening dates specified in the candidate profiles described in Sections 1650.3017, 1650.3020 and 1650.3025. Should a search be conducted for which a developed database does not exist or is incomplete, investment managers may also submit or be requested to submit a written Request for Information (RFI).
d) The consultant's contact information is available on the TRS website (https://www.trsil.org).
(Source: Amended at 42 Ill. Reg. 13666, effective June 29, 2018)