Products
Data Sets
Integrations
Services
FUNDRAISING NEWS | June 03, 2025
Stay ahead of the latest trends in wealth management, institutional investing, and private markets with Dakota’s daily newsletter — your go-to source for key updates on fund allocations, manager moves, and industry shifts.
Designed for investment sales professionals and fundraisers, we deliver the insights you need to navigate the evolving landscape, track major investor activity, and identify new opportunities.
To read the full articles and access all Dakota News, subscribe for $350/yr, or get it included with a Dakota Marketplace subscription.
Subscribe today and stay ahead of the competition!
Alaska Permanent Fund Corporation (APFC) will halve its $6B direct real estate holdings over five years and adopt a new benchmark excluding REITs, freeing up $850M in capital. Trustee Craig Richards called the legacy portfolio structure “an artifice of history,” citing low returns and concentration risk. The plan aims for greater flexibility and staffing efficiency. CIO Marcus Frampton said the change allows reentry into the fund market. In other moves, CPP Investments and Encino Energy sold EAP to EOG Resources for $5.6B, while APG backed SkyNRG with €250M. Houston Police, Delaware PERA, and Dallas-Fort Worth Airport approved notable fund commitments.
Arax Investment Partners, backed by RedBird Capital, acquired Schechter Investment Advisors (SIA) and its $4B in AUM. Marc Schechter cited the move as strategic for scaling, with SIA aiming to reach $10B. The acquisition adds to Arax’s recent activity, including purchases of Cedrus Financial and US Capital Wealth Advisors. Nordwand Capital, Evercore Wealth, and Desert Sky Advisors made new hires and expansions, while advisors from Merrill Lynch, RBC, and Raymond James made notable moves. Hightower Advisors named Larry Restrieri as CEO, and Partners Group, Envestnet, and Citi Wealth announced senior appointments across investment and distribution roles.
Bain & Co. reported ongoing struggles in private equity fundraising—no megafunds closed in Q1—but highlighted resilience in secondaries and infrastructure. LPs remain selective, favoring firms with clear value creation strategies. HSBC, Antares Capital, and Macquarie Asset Management launched or expanded credit vehicles, while Aegon AM entered the capital call finance space. On the equity side, Goldman Sachs, Evli, and GSFM prepped new fundraises focused on infrastructure and multi-manager offerings. In VC, Drive Capital, Taste Tomorrow Ventures, and Signal Peak Partners debuted funds, with Drive Capital seeking over $1.3B across two vehicles targeting early- and growth-stage investments.
Stay ahead of the trends - subscribe to Dakota News for exclusive insights.
Written By: Dakota
Asia Infrastructure in the Spotlight, and more…
July 21, 2025
Leonard Green Seeks $15B+ for Latest Flagship Buyout Fund, and more…
July 14, 2025
New Mountain, Blackstone Moves Add to Secondaries Momentum, and more…
July 10, 2025
$20B RIA Merit Financial Fund Finds New PE Backer, and more…
July 09, 2025
Emirates NBD Vets Launch HNW Manager Wealthbrix, and more…
June 24, 2025
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy