Welcome to Dakota's Daily Investment News
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
Australian superannuation funds are expanding globally, with Morgan Stanley and State Street doubling mandates as US GPs compete for AUD 4.1T in capital. IFM Investors predicts Aussie pensions will more than double US allocations to $2.6T. Meanwhile, LACERS, Maine PERS, Illinois Police, Wyoming, and HESTA reported new investments. People moves include FGC hiring Joanne Bugg and Nick Oliver, and NYC Comptroller losing deputy CIO Eneasz Kądziela. Norges Bank backed Mediobanca’s bid for Banca Generali.
Wealth Channel News
Windrose Advisors prefers focused, founder-led private credit managers with early-stage, non-sponsored strategies. New RIAs include Anchyra Partners, Matson Capital, Santara Wealth, Carroll Advisory, and LRZ Capital. In people moves, Angelo Planning Group, Jason Buford, John Hutchinson, and Bahnsen Group made notable shifts. Fusion Capital tapped Burney Company as OCIO. The retail alt channel continues to grow, but adoption splits between heavy users and non-users, highlighting a need for targeted engagement from asset managers.
Alts Asset Manager News
Ares Management raised $2.4B for a Japan data center fund backed by CPP Investments and GLP, and plans two new Asia credit funds. Waterloo, Genesys, and Acorn Capital reported fund closes, while G Squared, Geodesic, and Plug and Play announced new VC raises. In real assets, Starwood, Kairos, Rockland, and France Valley saw strong closes. LaSalle prepped a debt strategy launch. Meanwhile, MEXC and Motilal Oswal unveiled new funds. Gen II launched its Funded platform.
