February was a bit slower on the investment RFPs front following a busy start to the year, as Dakota tracked seven new searches with potential allocations exceeding $1.9B across both international and domestic equities and fixed income. Notably, Chicago Teachers’ Pension Fund launched a core plus US fixed income RFP for a $750M mandate, while in international fixed income, the State Universities Retirement System of Illinois kicked off its own $500M search for multi-sector credit strategies. Additionally, the Teachers Retirement System of Louisiana solicited proposals for management services in private equity, private credit, private real estate, and real assets.
Read on for a comprehensive look at all the manager searches issued by public pensions across asset classes including international and US equities, fixed income, and private markets. To learn more and subscribe to our Searches, click here!
Core Plus Fixed Income
Chicago Teachers’ Pension Fund
Consultant: Callan
Amount: $750M
Deadline: March 24, 2025
Multi-Sector Credit Strategies
State Universities Retirement System of Illinois
Consultant: Meketa
Amount: $500M
Deadline: March 19, 2025
US Corporate Direct Lending
National Employment Savings Trust
Amount: $650M
Deadline: February 21, 2025
Passive Large Cap Growth
Dukes County Contributory Retirement System
Consultant: Dahab Associates
Amount: $35M
Deadline: February 26, 2025
Bank Loan Fixed Income
Quincy Retirement System
Consultant: Meketa
Amount: $10M
Deadline: February 28, 2025
International Small Cap Equity
Laborers’ & Retirement Board Employees’ Annuity & Benefit Fund of Chicago
Consultant: Marquette Associates
Amount: $30M
Deadline:March 7, 2025
Private Markets Manager
Teachers Retirement System of Louisiana
Consultant: AON
Amount: N/A
Deadline: March 10, 2025
To learn more about these RFPs and view all, book a demo of Dakota Marketplace!
