Key Investment RFP Opportunities Announced in August 2025

August 2025 Investment RFPs | Key Opportunities

August 2025 Investment RFPs | Key Opportunities
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For the month of August, Dakota tracked nine new searches totaling $260M across public pensions, with mandates spanning international and US equities, private equity, liquid alternatives, and US fixed income. 

Notable among them were a series of private equity RFPs from the Chicago Policemen’s Annuity & Benefit Fund totaling $100M across buyout, growth, and venture mandates, a $60M SMID cap equity search from the Firefighters’ Retirement System of Louisiana, and a $55M core fixed income mandate from the Concord (MA) Retirement System. Other searches included a $30M MWDBE private equity mandate from the Chicago Teachers’ Pension Fund, along with international equity, balanced portfolio, and alternative risk premia opportunities launched by Massachusetts and Illinois systems.

Read on for a comprehensive look at all the manager searches issued by public pensions across asset classes. To learn more and subscribe to our Searches, click here!

SMID Cap Equity

Plan Name: Firefighters’ Retirement System of Louisiana

Consultant: NEPC

Amount: $60M

Deadline: October 3

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Core Fixed Income

Plan Name: Concord (MA) Retirement System

Consultant: Fiducient Advisors

Amount: $55M

Deadline: September 23

Private Equity

Buyout

Plan Name: Chicago Policemen’s Annuity & Benefit Fund

Consultant: NEPC

Amount: $35M

Deadline: September 29

Growth

Plan Name: Chicago Policemen’s Annuity & Benefit Fund

Consultant: NEPC

Amount: $35M

Deadline: September 29

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Venture

Plan Name: Chicago Policemen’s Annuity & Benefit Fund

Consultant: NEPC

Amount: $30M

Deadline: September 29

MWDBE

Plan Name: Chicago Teachers’ Pension Fund

Consultant: Callan

Amount: $30M

Deadline: September 22

Core Developed International Equity

Plan Name: Concord (MA) Retirement System

Consultant: Fiducient Advisors

Amount: $15M 

Deadline: September 24

Alternative Risk Premia Strategies

Plan Name: State Universities Retirement System of Illinois

Amount: N/A

Deadline: September 8

Balanced Portfolio

Plan Name: West Springfield (MA) Retirement System

Amount: N/A

Deadline: October 23

To learn more about these RFPs and view all, book a demo of dakota marketplace!

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Written By: Dakota