November 20, 2024
October brought another active month in the institutional investment landscape, with RFPs spanning diverse asset classes and geographies. From large-scale passive U.S. equity mandates to niche opportunities in private infrastructure, direct lending, and opportunistic real estate, investors and asset managers continue to seek strategic partnerships. Notable highlights include Boston Retirement System’s $350 million hedge fund of funds search, Cook County Annuity and Benefit Fund’s $260 million private credit mandate, and Washington State Investment Board’s global equity opportunities.
This month also features significant activity in U.S. fixed income, such as Norfolk County Retirement System’s $150 million opportunistic investment-grade search and Laborers' & Retirement Board Employees' Fund of Chicago’s $75 million core plus mandate. For those positioned to meet the needs of these institutional investors, now is the time to explore, strategize, and act on these opportunities. Dive into the details and deadlines to stay competitive in this dynamic market.
For investors, consultants, and asset managers, these RFPs present a chance to align with new investment opportunities. Review the details, meet the deadlines, and position yourself to seize these opportunities in an evolving market.
In this blog, we bring you a comprehensive list of RFPs that were issued in the month of October from various sectors including Private Credit, Fixed Income, Hedge Fund of Funds, Emerging Markets, and more.
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Washington State Investment Board
Amount: N/A
Deadline: N/A
Medford Contributory Retirement System
Amount: $20,000,000
Consultant: NEPC
Deadline: October 18, 2024
Washington State Investment Board
Amount: N/A
Deadline: N/A
Boston Retirement System
Amount: $350,000,000
Consultant: NEPC
Deadline: October 28, 2024
Oklahoma Police Pension & Retirement System
Amount: $200,000,000
Consultant: Asset Consulting Group
Deadline: October 30, 2024
Cook County Annuity and Benefit Fund
Asset Class: Direct Lending
Amount: $260,000,000
Consultant: Callan
Deadline: November 1, 2024
Boston Retirement System
Amount: $30,000,000
Consultant: NEPC
Deadline: November 6, 2024
New York State Deferred Compensation Board
Asset Class: Passive U.S. Equity
Amount: $5,000,000,000
Consultant: Callan
Deadline: October 4, 2024
Illinois Municipal Retirement Fund
Asset Class: U.S. Residential, Value-Add, Opportunistic
Amount: $50,000,000
Consultant: Callan
Deadline: November 22, 2024
Massachusetts Water Resources Authority Retirement System
Asset Class: Real Estate Debt
Amount: $10,000,000
Consultant: NEPC
Deadline: November 13, 2024
Bristol County Retirement System
Asset Class: Large Cap Value
Amount: $75,000,000
Consultant: Segal Marco
Deadline: November 26, 2024
The Weymouth Retirement System
Asset Class: Core Plus Fixed Income
Amount: $55,000,000
Consultant: Fiducient
Deadline: October 23, 2024
Undisclosed Taft-Hartley Plan
Asset Class: Core or Intermediate Gov’t/Credit Fixed Income
Amount: $95,000,000
Consultant: Dahab
Deadline: November 8, 2024
Oakland Police & Fire Retirement System
Asset Class: Core and Core Plus Fixed Income
Amount: $100,000,000
Consultant: Meketa
Deadline: November 1, 2024
Laborers' & Retirement Board Employees' Annuity & Benefit Fund of Chicago
Asset Class: Core Plus Fixed Income
Amount: $75,000,000
Consultant: Marquette
Deadline: November 22, 2024
New York State Deferred Compensation Board
Asset Class: Multi-Asset Credit
Amount: $130,000,000
Consultant: Callan
Deadline: December 3, 2024
Norfolk County Retirement System
Asset Class: Opportunistic Investment Grade
Amount: $150,000,000
Consultant: Wainwright
Deadline: November 15, 2024
City of St. Louis Employees Retirement System
Asset Class: Core Fixed Income
Amount: $95,000,000
Consultant: Marquette
Deadline: November 26, 2024
To learn more about the RFPs, book a demo of Dakota Marketplace!
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
