When is the submission deadline?

Submissions are due July 1, 2026. Questions must be submitted by June 19, 2026.

What is the budget for this RFP?

The published budget is $40,000,000.

It was issued by Brooklyn Bridge Park Corporation. The work is located in New York, New York, United States.

Who is a good fit for this opportunity?

Registered investment management firm with fiduciary experience in public sector or institutional portfolios. Demonstrated expertise in portfolio diversification, asset management, and regulatory compliance. Ability to provide online reporting systems and timely client communications. Experience working with governmental or public funds. Proven track record delivering comprehensive investment advisory services.

Professional Investment Management Services (Due July 1, 2026)

Overview

Financial, Legal, HR & Staffing

New York, New York, United StatesPosted: June 2nd, 2026Deadline: July 1st, 2026

Fit Score

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SUMMARY

The government authority in Brooklyn, NY seeks professional investment management services for its portfolio, including strategy development, performance reporting, and ongoing consultation.

KEY REQUIREMENTS

Must be a registered investment adviser under the Investment Advisers Act of 1940 or a bank
Must be registered with the U.S. SEC or New York State Department of Financial Services
Must be in compliance with NYPMIFA, NPCL, and all relevant New York State and New York City fiduciary and financial regulations
Minimum of 10 years of institutional investment management experience
Portfolio managers must have Certified Financial Advisor (CFA) or equivalent professional credentials
Must have a minimum five-year live performance track record as of March 31st, 2025
Must have a minimum product Assets Under Management (AUM) of $500 million
Must be benchmarkable against a recognized industry benchmark index

BUDGET

Verified

$40,000,000

CONTRACT DURATION

36 months

TIMELINE

Request for Proposals: June 1st, 2026

Last Day to Submit Questions: June 19th, 2026 @ 4:00PM

Answers to Questions Posted on City Record: June 26th, 2026

Proposal Responses Due: July 1st, 2026 @ 4:00PM

Anticipated Award Date: September 4th, 2026

Anticipated Contract Start Date: October 25th, 2026

QUESTION DEADLINE

June 19th, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

Brooklyn Bridge Park Corporation

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

The government authority in Brooklyn, New York is seeking a qualified vendor to provide comprehensive, discretionary, and professional investment management services. The selected firm will be responsible for managing assets through portfolio and asset management, and developing, implementing, and maintaining an investment strategy that aligns with the authority’s long-term goals, liquidity needs, cash-flow requirements, and risk tolerance.

Key responsibilities include preparing cash-flow projections to ensure investment decisions support both operational and capital needs, ongoing consultation regarding market trends, economic developments, and regulatory changes, and maintaining transparent communication with staff and governing bodies. The firm will design and manage a diversified portfolio across appropriate asset classes, applying prudent care, diversification, and cost-efficiency while reviewing and recommending updates to investment guidelines and procedures as requested.

Additional requirements involve providing orientation and historical context to newly appointed committee members, ensuring secure online access to portfolio holdings, delivering quarterly performance reports, and monitoring exposures through stress testing to maintain compliance with all established risk parameters, investment policies, and statutory requirements.

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Frequently asked questions

When is the submission deadline?: Submissions are due July 1, 2026. Questions must be submitted by June 19, 2026.
What is the budget for this RFP?: The published budget is $40,000,000.
Who issued this RFP?: It was issued by Brooklyn Bridge Park Corporation. The work is located in New York, New York, United States.
Who is a good fit for this opportunity?: Registered investment management firm with fiduciary experience in public sector or institutional portfolios
Demonstrated expertise in portfolio diversification, asset management, and regulatory compliance
Ability to provide online reporting systems and timely client communications
Experience working with governmental or public funds
Proven track record delivering comprehensive investment advisory services

Analysis generated by Settle AI from the source RFP.

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