[View the complete Request for Proposal here]
Request for Statement of Interest and Qualifications: Small or All Cap Public Global Equities Manager | November 2022
At Inspirit Foundation, we are committed to a 100% impact portfolio, with the goal of leveraging our full asset base for financial returns and positive social and environmental impact.
For many, impact investing is a financial tool with social considerations. For us, it is a commitment to a 100% impact portfolio where every investment is activated for positive impact, an imperative to creating the systemic change needed to realize our mission of a more inclusive and pluralist society.
In May 2017, Inspirit updated our Investment Policy Statement (IPS) to include our commitment to a 100% impact portfolio. Now, we are requesting proposals for a small cap or all cap global equities manager that can satisfy the goals outlined in our IPS, in particular goals around risk-adjusted financial performance, movement toward a low carbon portfolio, and portfolio alignment with Inspirit’s organizational mission of a more inclusive and pluralist society. As of the beginning of the year, our asset base was valued around $42 million. We will likely have a target allocation of up to 20% of our portfolio to a small cap or all cap global equities asset class.
We are looking for proposals for both small and all cap global equities solutions. You may submit proposals for small cap and/or all cap mandates. Multiple submissions are welcome.
Key dates to keep in mind:
- We ask that all proposals be submitted by November 30, 2022.
- The deadline for questions is November 9, 2022.
- Please signal your intent to respond to this Request for Statement of Interest and Qualifications by November 16, 2022.
We will only be considering firms that are headquartered or have substantial operations in Canada. We will consider both active and passive strategies.
Please send all signals of intent, questions, and proposals to Jory Cohen at firstname.lastname@example.org and Ryan Kuruliak at email@example.com.
All proposals will include:
- Firm overview
- Product overview
- Alignment with Inspirit’s IPS
- Client references
For full details, view the complete Request for Proposal here.