---
title: Illinois Police Officers Pension Issues Bank Loans RFP
description: Illinois Police Officers Pension Issues Bank Loans RFP
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# Illinois Police Officers Pension Issues Bank Loans RFP

**Written by: ** Koncheng Moua, Director of Data Management and Strategy 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/tamara-demir-wLngilIjfiM-unsplash-1.jpg)

 

The Illinois Police Officers Pension Fund has issued an RFP for leveraged / bank loans investment management services.

According to the RFP, the IPOPIF seeks to invest a 3% allocation (approximately $300 million) to active U.S. bank loans strategies. This is primarily a bank loans strategy. IPOPIF is open to different vehicle types; separately managed accounts, commingled funds, mutual funds, exchanged traded funds, or similar vehicles. 

Proposals are due November 10, 2023 at 5pm CST.

Verus is assisting with the search.

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