Key Takeaways
- • The New York State Insurance Fund (NYSIF) is seeking proposals from qualified firms to provide Private Placement Asset Manager Services under RFP NYSIF 2026-45-INV.
- • Asset managers may be awarded one or more of two mandates: Investment Grade Private Placement Corporate and Infrastructure Credit, and Investment Grade Private Placement Asset-Backed Credit.
- • Proposals from responsible bidders are due December 16, 2026 by 2:00 p.m. ET.
- • Full RFP details are available at www.nysif.com/procurement.
Summary
The New York State Insurance Fund (NYSIF) has issued a request for proposals seeking qualified investment firms to serve as private placement asset managers, according to a Pensions & Investments RFP listing published November 3, 2026. The solicitation, designated RFP NYSIF 2026-45-INV, covers two investment mandates. The first is Investment Grade Private Placement Corporate and Infrastructure Credit. The second is Investment Grade Private Placement Asset-Backed Credit. Managers may bid for one or more of these mandates.
Proposals from responsible bidders are due December 16, 2026, by 2:00 p.m. ET. The full RFP document is available through NYSIF's procurement page at www.nysif.com/procurement. The listing itself does not disclose target allocation sizes, fee parameters, or evaluation criteria, so those details would need to be confirmed in the RFP document.
For institutional allocators and private credit managers, the search signals NYSIF's continued interest in investment-grade private placements, a segment that has drawn growing attention from insurers seeking yield over public corporate bonds. Firms considering a response should review the full RFP for eligibility requirements and submission instructions.
Proposals from responsible bidders are due December 16, 2026, by 2:00 p.m. ET. The full RFP document is available through NYSIF's procurement page at www.nysif.com/procurement. The listing itself does not disclose target allocation sizes, fee parameters, or evaluation criteria, so those details would need to be confirmed in the RFP document.
For institutional allocators and private credit managers, the search signals NYSIF's continued interest in investment-grade private placements, a segment that has drawn growing attention from insurers seeking yield over public corporate bonds. Firms considering a response should review the full RFP for eligibility requirements and submission instructions.
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