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Dakota has released its June 2025 Monthly Roundup, providing exclusive insight into the capital flows, fundraising activity, and institutional trends driving private markets. The report reveals over $65 billion planned to be raised and $15.5 billion in normalized institutional commitments, signaling renewed confidence and momentum among limited partners and fund managers.
June marked a meaningful pickup in private markets activity as strong corporate earnings, record equity performance, and improved macro visibility helped unlock capital deployment. Across private equity, credit, venture capital, and real assets, investors showed a clear preference for scalable platforms and high-conviction thematic strategies.
Key insights from the June Roundup include:
Fundraising Acceleration: Large-scale vehicles led the charge, with EQT XI targeting €23B, Starwood raising $5B+, and 26North nearing its $4B goal. Meanwhile, sub-$500M funds in sectors like climate-tech and blockchain continued to attract focused LP commitments.
Institutional Allocations: $15.5 billion committed across 155 transactions (after excluding retroactive disclosures). Allocators showed interest in flexible credit, digital infrastructure, and value-add real estate strategies, with capital led by WSIB, NY-CRF, and SURS.
Strategic M&A: June saw a surge in dealmaking, including ADNOC’s $18.7B bid for Santos, Meta’s minority stake in Scale AI, and Unilever’s acquisition of Dr. Squatch. The report tracks activity across TMT, energy, healthcare, financials, and consumer sectors.
Market Themes: The "barbell" continues—mega-funds and niche specialists are drawing capital, while structural innovation (co-investments, continuation vehicles, evergreen funds) plays a growing role in investor decision-making.
“This report synthesizes the vast amount of private market news from the month into one, digestible read” said Dakota’s research team. “Investors are leaning into proven managers, strategic liquidity tools, and sector-specific strategies that reflect today’s elevated cost of capital and long-term demand shifts.”
The Dakota Monthly Roundup serves a wide institutional audience, including pension funds, endowments, RIAs, family offices, consultants, legal firms, and fund administrators - offering high-signal insights into where capital is moving and why.
Written By: Dakota
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