Open Searches and Pacing Updates: July 2026

Open Searches and Pacing Updates: July 2026
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Data sourced from Dakota Marketplace, the global LP and GP intelligence platform trusted by thousands of investment professionals. Learn More | Book a Demo

In July, six US public pensions disclosed 2026 and 2027 pacing plans totaling $7.7B in target commitments, with private credit and private equity drawing the largest allocations at roughly $2.9B and $2.4B, respectively, followed by real estate, real assets, and venture capital.

On the search front, Dakota is tracking 15 open RFPs from 10 institutional allocators, representing at least $178.5M in disclosed mandates. Three other searches captured during the month have since closed: ENPAPI's UCITS SICAV equity management mandate, Bristol County Retirement System's $32M global multi-sector fixed income manager search, and Teachers' Retirement System of the State of Illinois' international equity products search, which covers multiple mandates managing a portion of TRS's roughly $32B public equity portfolio.

Below, we break down these recently disclosed pacing plans informing capital deployment this year, alongside searches that are still active and those that are expected to come to market in the months ahead.

Pacing Plans

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Open Searches

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Upcoming Searches

  • The Ohio Bureau of Workers Compensation is set to issue an RFP for active US aggregate core plus fixed income investment managers by the end of August.
  • San Diego City Employees' Retirement System approved launching a search for a general investment consultant – scheduled to begin early August to run through June next year – to succeed or renew AON.
  • The Quincy Retirement System is expected to kick off a private equity manager search for a $30M mandate.
  • Meketa said it plans to launch, on behalf of Plymouth County Retirement Association, an RFP seeking real estate managers in late July or early August.
  • The Illinois Police Officers Pension Investment Fund is preparing a $250M search to hire up to two opportunistic private credit managers, with Albourne to assist staff in the process phased from early August through a target board selection in March.

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Written By: Dakota