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REQUEST FOR PROPOSAL ("RFP") for

Indiana Public Retirement System (INPRS)

Consultant: Verus


RELEASE DATE:

Friday, March 28, 2025

The Indiana Public Retirement System (“INPRS”) Defined Benefit (“DB”) Plan is soliciting proposals from all qualified firms for active Diversified Commodities mandates. INPRS anticipates hiring 2-3 active Diversified Commodities managers, with a combined mandate size of approximately $2.0 billion. 

It is expected that the chosen strategies will be benchmarked against the Bloomberg Commodities Index (Excess Return). The mandates must meet guidelines outlined in INPRS’ Investment Policy Statement (https://www.in.gov/inprs/files/INPRS_IPS.pdf).  

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DEADLINE FOR INQUIRIES:

Friday, April 11, 2025, 3PM EDT

DEADLINE FOR SUBMISSION:

Friday, May 9, 2025, 3PM EDT

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