# New York State Contract Reporter #2140196

NYSIF private placement credit asset manager services

**Posted:** October 23, 2026
**Respond By:** December 16, 2026
**Identifier:** 2140196
**NAICS:** 523940, 523920

The New York State Insurance Fund is seeking specialist asset managers for investment-grade private placement credit mandates.
- **Government buyer:** New York State Insurance Fund (NYSIF), Procurement Unit.
- **Services requested:** Asset management for investment-grade private placement corporate and infrastructure credit, and investment-grade private placement asset-backed credit. Firms may propose for one or both mandates; NYSIF anticipates multiple awards.
- **OEMs and named vendors:** None identified; this is a financial asset-management services procurement, not a purchase of manufactured products.
- **Contract term:** Five years, with two optional one-year extensions.
- **Notable requirements:** Firms must be qualified to manage the applicable investment-grade private placement mandate. Detailed requirements are in the RFP.

### Description

NYSIF seeks proposals from qualified firms to provide Private Placement Asset Manager Services. Asset managers will handle one or more mandates covering investment-grade private placement corporate and infrastructure credit, and investment-grade private placement asset-backed credit. NYSIF anticipates awarding multiple contracts, with a five-year term and two one-year extension options. Proposals are due December 16, 2026, at 2:00 p.m. ET; the RFP contains the calendar of events.

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