May 07, 2026

The Top Investment RFPs Announced in April 2026 | Key Opportunities

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Dakota is currently tracking eight open RFPs totaling approximately $2B in disclosed mandates, down from the broader pipeline reported last month as several searches have since closed. Eight US public pensions have also disclosed pacing plans for 2026 representing $6.6B in aggregate target commitments, led by private credit at nearly $3B, followed by private equity at $2.45B and real assets (including infrastructure) at $1.1B. Real estate rounds out the private markets mix at $115M.

Three searches have since closed in mid-to-late April: Massachusetts Water Resources Authority Retirement System’s multi-strategy hedge fund mandate, Westfield Contributory’s $15M private equity co-investment RFP, and the Oklahoma Tobacco Settlement Endowment Trust’s $75M global private equity search, which represents a first-time allocation to the asset class for the fund. The forward pipeline includes an anticipated global equity RFP from Alameda County Employees’ Retirement Association expected to launch this summer.

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.

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Alameda County Employees’ Retirement Association said it is preparing to initiate a global equity manager RFP search from June to November, with NEPC assisting in the process. Some 10 managers are expected to be evaluated, to be narrowed down to three finalists.

Receive curated updates on RFPs, search activity, and pacing plans directly to your inbox by subscribing to Dakota Searches.

Written By: Dakota

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