RayJay Salt Lake Advisors, International Equity RFP, Private Market Plans and Investments, Fund Launches

About The Episode

In this episode of the Dakota Fundraising News Podcast, Pat and Konch cover notable job changes, including Bradley Knapp being named CEO of Clearstead Advisors, Jason Handrinos joining Mesirow as Global Head of Fixed Income Sales, and Jinny Lee moving from the University of Chicago to the National Geographic Foundation. RIA/FA M&A highlights feature Hightower’s strategic investment in Dechtman Wealth Management, Raymond James recruiting advisors Scott Burnett and Peter Kelson from Zions Direct with over $5B in assets, and Summit Financial acquiring Midway Wealth Partners, expanding its footprint in Chicago. Institutional coverage includes a $30M international equities search by the Oakland Police & Fire Retirement System, a strategic asset allocation update from the Wisconsin Investment Board, and San Jose Police and Fire’s approval of a $354M commitment pacing plan for private markets. Recent commitments spotlight Virginia Retirement System allocating $150M to Pretium Homebuilder Finance Fund, San Jose Police and Fire Retirement investing $42.5M into the TA Realty Core Property Fund, and South Carolina Retirement System committing $50M to the D.E. Shaw Diopter Fund II. Fundraising updates include PIMCO raising $502M for its EMD Alpha Fund, Walker & Dunlop launching a $500M debt fund with $201M raised so far, and Frontenac aiming to raise $700M for its 13th buyout fund. Stay tuned for the latest insights on institutional and wealth management updates.     

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