Texas DIR/ESBD #TRS000670

Texas TRS Seeks Executive Search Services for Investment Management Division

The Teacher Retirement System of Texas (TRS) is seeking qualified vendors to provide Executive Search Services for its Investment Management Division (IMD). - Government Buyer: - Teacher Retirement System of Texas (TRS), Investment Management Division - Procurement & Contracts office involved - Services Requested: - Executive Search Services to source, vet, and recommend candidates for IMD positions - Positions include Senior Analyst, Associate, Associate Principal/Senior Associate, and Principal/Investment Manager roles - Focus on Private Market units (Private Equity, Real Estate, Energy/Infrastructure & Resources) and Special Opportunities units - Estimated need: 0–4 hires per position over four years - Notable Requirements: - Minimum five years' experience in executive search services required - Dual CTCD/CTCM certification required - Compliance with Texas Government Code Section 825.103 - Participation in the Veteran Heroes United in Business (VetHUB) Subcontracting Plan is mandatory - Detailed reporting, weekly status updates, and quarterly reports required - Placement fee invoiced after candidate's first workday; replacement/refund if candidate leaves within six months - Background checks, confidentiality, and adherence to legal/ethical standards required - No specific OEMs or named vendors; open to all qualified executive search firms - Estimated contract value: $875,000 - Contract covers multiple Texas regions, including Austin, Houston, Dallas, and San Antonio

Description

The Teacher Retirement System of Texas (TRS) is soliciting proposals to select qualified vendors to provide Executive Search Services. The contractor will source and provide a selection of qualified candidates as specified by the Investment Management Division (IMD) hiring group. Positions include those for the Private Market (Private Equity, Real Estate, and Energy/Infrastructure & Resources) and Special Opportunities units of IMD. The solicitation is a Request for Proposal (RFP) with a response due date of August 12, 2026, at 3:00 PM Central Time. The estimated contract value is $875,000.

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