Iconiq Capital, RIA Acquisitions, Sacramento 2025 Investment Plan, Private Market Commitments, Fund Closings

About The Episode

In this episode of the Dakota Fundraising News Podcast, Pat and Konch discuss notable job changes, including James Jesse’s departure from Iconiq Capital, Kevin Kerr’s appointment as Executive Managing Director at OTPP, and Armando Ureña’s new role on Snowden Lane Partners’ operating committee. In RIA/FA M&A news, Savant Wealth Management acquires Sortino Advisory Partners, MAG Wealth Management merges with Ovation Wealth under the Carson Wealth umbrella, and LPL adds Ohio-based Strata Financial Group with $350M in assets. Institutional updates feature Ventura County Employees’ Retirement Association launching a direct co-investment program and Sacramento County Employees’ Retirement System committing $950M across multiple asset classes for 2025. Notable investments include Minnesota State Board of Investments committing to KKR North America Fund XIV and EQT Infrastructure VI, and BNP Paribas raising $130M for its sustainable forestry fund. Tune in for the latest insights in institutional and wealth management trends!

LISTEN HERE: