Description
The Alaska Industrial Development and Export Authority (AIDEA) seeks qualified investment‑management firms to join an IDIQ pool that will provide alternative fixed‑income investment management services for its existing custodial accounts at U.S. Bank. The contract does not guarantee any asset allocation; awardees will be eligible for future investment‑mandate assignments. Services include data analysis, audit support, guideline drafting, portfolio implementation, ongoing management, reporting, and transition support, all performed under Alaska’s investment policy and fiduciary standards.
• IDIQ contract with a base term of 3 years (options for three additional 2‑year extensions)
• Expected aggregate assets ≈ $25 million, fee‑based (percentage of assets) compensation
• Eligibility requires ≥ $1 billion AUM, ≥ 3 years operating history, and ability to trade within AIDEA’s U.S. Bank custody accounts
• Preference points available for Alaska‑licensed firms and Alaska veteran status
• Submission deadline 11/20/2026 2:00 PM AKST; questions due 11/09/2026 2:00 PM AKST