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.
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!
Institutional Allocator News
Alameda County Employees Retirement Association is considering Arga Investment Management and Pzena Investment Management for a $30M emerging markets equity mandate. Rhode Island State Pension eyes $76.75M in commitments to BPEA Private Equity Fund IX and Greystar Essential Housing Fund I. Vermont PIC committed $35M to the US Core Farmland Fund and is reviewing a $50M TPG Angelo Gordon private credit investment. Chicago Teachers’ Pension Fund plans a $30M commitment to Basis Real Estate Fund III. PA PSERS Executive Director Terri Sanchez will retire June 27 after three years.
Wealth Allocator News
CAPTRUST acquired $1.4B Carolinas Investment Consulting, its second deal this year. Mariner Wealth Advisors is fully acquiring $730M Ocean Heights Advisors, transitioning it from an independent platform. F.L. Putnam acquired $330M AOG Wealth Management, marking its tenth office. LPL recruited a $250M Wells Fargo team in NJ, while Ameriprise landed $210M Highland Wealth Management from LPL. Partners Wealth Management in the UK acquired £855M ($1.1B) Johnston Carmichael Wealth, increasing AUM to £6B ($7.6B).
Private Fund News
BlackRock’s GIP is closing its fifth flagship fund at a $25B target, potentially exceeding its $22B predecessor. Wellington launched a private real estate credit platform, hiring ex-PIMCO executives. Accolade Partners filed for new private equity, venture, and empowerment funds, succeeding its prior $400M, $131M, $505M, and $325M fund series. 8VC launched a $998M Fund VI, with New Mexico SIC committing $15M. Nazca Capital is raising €400M ($429.7M) for Spain’s largest aerospace and defense PE fund. Mitiska REIM closed its €310M European Real Estate value-add fund, exceeding its €300M target.
Other News
Blackstone Credit & Insurance (BXCI) invested $2B in ITE Management, expanding its $10B transportation infrastructure portfolio, advised by Goldman Sachs.
Stay ahead of the trends - subscribe to Dakota News for exclusive insights.
