AIMCo Leadership Change, LPL in SoCal, Private Equity Fundraising Update

In this episode of the Dakota Fundraising News Podcast, Pat and Konch discuss recent job changes, including AIMCo appointing Ray Gilmour as interim CEO, Bhumika Gashti joining PPM America Capital Partners as Senior Managing Director for Investor Relations, and Jan Rohof becoming Director of Quantitative Solutions at Northern Trust Asset Management. In RIA/FA M&A news, LPL Financial acquires Southern California-based Nexus Wealth Partners from Osaic, Kingsview Partners opens a new Michigan office, and Wedbush expands its Philadelphia presence with a former B. Riley team. Institutional coverage highlights include Marin County Employees Retirement Association's fixed income manager search and San Diego County Employees Retirement Association's RFP for a general investment consultant. Recent commitments feature Massachusetts PRIM’s allocation to Forerunner Partners VII and San Francisco Employees Retirement System's investment in LAV Fund VII and Voleon Institutional Strategies Fund. Fundraising updates include Transom Capital exceeding its $675M target for Fund IV and Beechbrook Capital’s £151M first close on its fourth UK private credit fund. Join us for the latest updates in institutional and wealth management news!