The Retirement Board (“the Board”) of the Policemen’s Annuity and Benefit Fund of Chicago (“the Fund” or “PABF”) is requesting proposals from qualified firms interested in managing distressed debt, junior/mezzanine, asset backed and/or direct lending Private Debt strategies. The estimated allocation for this mandate is estimated to be up to $120 million to be allocated to 2-3 debt funds. If you are interested in being considered for this RFP, you must submit an electronic copy of the complete proposal by 4:00pm CST on January 5, 2026. Responses submitted after this time and date will not be considered. No phone calls please.
NEPC Direct Lending Fund & Deal-Level Data Request
[Enter fund name] Closed-End Fund RFI 2025
Exhibit A: Employee Diversity Chart
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