Dakota Fundraising News: November 6, 2024

Join Pat and Konch as they explore recent job changes in the industry, including Elizabeth Eldridge’s appointment as President of Glenmede Investment Management and new leaders joining W.K. Kellogg Foundation. In the RIA and FA M&A segment, Focus Financial’s The Colony Group merges with GYL Financial Synergies, Aspen Standard Wealth secures Summitry, and EP Wealth adds two RIAs with a combined $240M in AUM. In institutional coverage, we dive into searches and recent commitments from major funds like New York State Teachers’ Retirement System and Texas County & District Retirement System. Fundraising highlights feature Shamrock Capital’s $1.6B close on its growth and small-cap buyout funds, as well as PennantPark’s $610M Credit Opportunities Fund IV. Stay tuned for the latest in institutional and wealth management news, upcoming Dakota events, and more insights on the Dakota Marketplace.