SLED Opportunity · NEW YORK · NEW YORK
AI Summary
The New York State Deferred Compensation Board seeks proposals for Stable Value Structure Management services for its Stable Income Fund, an investment option under the state's Deferred Compensation Plan. Proposals due by February 11, 2026.
Pursuant to the provisions of 9 NYCRR, Section 9003.2, authorized by Section 5 of the State Finance Law, the New York State Deferred Compensation Board, beginning January 7, 2026 is soliciting proposals from Financial Organizations to provide Stable Value Structure Management services. The Stable Value Structure Manager will be responsible for the overall structural management and aggregate risk characteristics of the Plan’s Stable Income Fund. The Stable Income Fund is offered as an investment option under the Deferred Compensation Plan for Employees of the State of New York and Other Participating Public Jurisdictions, a plan meeting the requirements of Section 457 of the Internal Revenue Code and Section 5 of the State Finance Law, including all rules and regulations issued pursuant thereto. A copy of the request for proposals may be obtained from Tom Shingler (shingler@callan.com) or Hannah Vieira (vieira@callan.com). All proposals must be received no later than the close of business on February 11, 2026. This notice was prepared by Tara Anderson, Procurement Coordinator, New York State Deferred Compensation Plan, 1450 Western Avenue, Albany, NY, 12203. Business enterprises awarded an identical or substantially similar procurement contract within the past five years: Goldman Sachs Asset Management, LP
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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