Emerging Markets Equity Active Management Services (Ex China Mandate)

Overview

Financial, Legal, HR & Staffing

Santa Fe, New Mexico, United StatesPosted about 1 month agoDeadline: June 12th, 2026

Fit Score

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SUMMARY

The State of New Mexico seeks an investment management firm for active management of emerging markets equity (excluding China) across several public retirement funds.

KEY REQUIREMENTS

Must be a qualified offeror for discretionary investment management services
Must provide a long-only emerging markets equity ex China portfolio
Must have an investment process that has been consistently applied over time
Must return acknowledgement of compliance with minimum qualifications by May 1st, 2026

BUDGET

Verified

$400,000,000 – $625,000,000

TIMELINE

Release of RFP: April 20th, 2026

Return Acknowledgement of Compliance with Minimum Qualifications: May 1st, 2026

Deadline for Submission of Written Questions: May 8th, 2026

Response to Written Questions: May 15th, 2026

Deadline for Submission of Proposals: June 12th, 2026

Evaluation of Proposals, Oral Presentations of Finalists: June 13th – July 24th, 2026

Due Diligence: July 25th – September 30th, 2026

Contract Award: On or before September 30th, 2026

New Contract Proposed Effective Date: On or before October 1st, 2026

QUESTION DEADLINE

May 8th, 2026

Issuing Agency

Public Employees Retirement Association Of New Mexico

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority in New Mexico seeks a vendor to provide active management services for an emerging markets equity portfolio, excluding China, as part of a dedicated mandate. The selected firm will be responsible for the administration and management of investments comprising assets from the public employees retirement fund, judicial retirement fund, magistrate retirement fund, and the volunteer firefighters retirement fund.

Interested vendors are expected to demonstrate experience in serving institutional investors and must have capabilities supporting all aspects of portfolio management, compliance, and reporting required for large public retirement assets. All questions regarding the proposal must be submitted no later than May 8, 2026.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.