US Equity Active

Pursuant to the provisions of 9 NYCRR, Section 9003.2 authorized by Section 5 of the State Finance Law, the New York State Deferred Compensation Board, beginning February 21, 2024, is soliciting proposals from Financial Organizations to provide Active U.S. Equity management services. The funds will represent several of the investment options under the Deferred Compensation Plan for Employees of the State of New York and Other Participating Public Jurisdictions, a plan meeting the requirements of Section 457 of the Internal Revenue Code and Section 5 of the State Finance Law, including all rules and regulations issued pursuant thereto. A copy of the request for proposals will be posted on Callan’s website ( callan.com ) and the Board website, deferredcompboard.ny.gov . All proposals must be received no later than 5 PM Eastern time on April 5, 2024.

The Board is seeking proposals from financial organizations to provide Active U.S. Equity Management as detailed below. Existing managers are invited to rebid. Active categories with proposed benchmarks listed (benchmarks are subject to review):

• • Large Cap Core Active, benchmarked to the S&P 500 or Russell 1000 Index.
  • Large Cap Value Active, benchmarked to the Russell 1000 Value Index.
  • Large Gap Growth Active, benchmarked to the Russell 1000 Growth Index.
  • Small Cap Value Active, benchmarked to the Russell 2000 Value Index.
  • Small Cap Growth Active, benchmarked to the Russell 2000 Growth.
  • Small and Mid Cap (SMID) Core Active, benchmarked to the Russell 2500 Index.
  • Portfolio construction is required to be in line with the relevant index and therefore exhibit a minimum of style or market capitalization drift.

The process is open to evaluating mutual funds, CITs, or other daily valued, daily liquid pooled vehicles that are eligible for inclusion in the Plan, not to separately managed accounts.