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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.
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Institutional Investor News
Texas TRS made $895M in May commitments across real estate, private equity, and ENRI, including $200M to PCCP Equity X and new relationships with ArcLight and Seaside Equity. Louisiana TRS, San Mateo, and Fresno County also announced new mandates. Internationally, BCI acquired a stake in KKR’s Pinnacle Towers, and PSP Investments restructured holdings in Canada’s 407 ETR. Leadership news includes Temasek’s new chair and AIMCo board appointments. UK pension surplus investment projections were slashed to £11B by regulators.
Wealth Channel News
Advisors are split on alts: 22% now allocate >10% of AUM, while non-users rose to 35%, per Escalent. Real estate and private equity remain popular, while digital assets skew younger. New RIAs include The Quick Group, Alteris Capital, Kingdom Legacy, and Rooted Financial. M&A highlights: Hub International acquired Veripax Wealth, and Constellation took a stake in Summit Wealth Group. In people news, Elevation Point, EFE, and Brooks Macdonald made leadership moves; Quantel and Hong Leong Bank expanded global partnerships.
Alts Asset Manager News
Main Character Capital is redefining GP seeding, backing niche venture managers with 15–30% anchor stakes. In private equity, BharCap, Gilde, and Elevate closed major funds. Venture capital rounds included Amplify Partners, Curql, and Cybernetix, while Swen Capital raised €160M for ocean-focused startups. Real estate fundraising surged with CapitaLand, BridgeInvest, and Newcore Capital. Notable CLO issuance came from Ares Management, and Victor Capital expanded its team. Leadership change includes Lakshmi Iyer leaving Kotak to join Bajaj Finserv.
