The Pension Benefit Guaranty Corporation (PBGC) intends to make a sole source award to Neuberger Berman Group LLC, 605 Third Avenue - 3rd Floor, New York, NY 10158. PBGC requires Neuberger Berman Group LLC to continue providing services, managing one of the investment accounts in the Lehman Brothers Holdings Inc. Retirement Plan, which holds international equities. Neuberger Berman provides a broad range of global investment solutions to institutions and individuals through customized separately managed accounts and funds. The continued management of these assets by Neuberger Berman would be prudent until the assets can be transitioned to a new international equity manager. Neuberger Berman will provide investment management services for approximately a six (6) month period. These investment services will consist of managing international equity assets for PBGC's Investment Management Program. The Contractor shall provide expertise in international large capitalization equity management. The contractor shall maintain close contact with PBGC Corporate Investment Department (CID) and will serve as a resource of economic and investment information and research. This is not a request for proposals; however, an interested party may e-mail a written capability statement with sufficient experience for these required services, which shall not exceed three (3) pages in length. Interested parties may submit their capability statements, and qualifications for the provision of this service, which may or may not be considered by the agency via email to
[email protected] no later than 3:00 PM EDT on August 14, 2009. This is not a solicitation, but a Notice of Intent. No solicitation will be issued.