APAC Region Executive Hires, Wells Fargo Adds $625M, 2025 PE Commitment Targets, Search Winners & Finalists, Allianz Infra First Close.

In this episode of the Dakota Fundraising News Podcast, Pat and Konch highlight key job changes, including Kimberly Sheehy as head of Fidelity's Forge Community, Joseph Wong joining Barings as head of wealth distribution, and Johan Lim becoming regional head at Natixis IM. RIA/FA M&A updates feature Wells Fargo adding $625M from two UBS teams and Commonwealth recruiting two Long Island-based firms with $495M in assets. Institutional coverage includes Alaska Permanent Fund's $2.8B commitment pacing for FY 2025, San Bernardino County's $650M private equity plan, and Plymouth County's private credit search with five finalists. Recent commitments include Fairfax County's $13.75M to real estate funds, Jacksonville's $15M to HIG Realty Partners, and Santa Barbara's $30M across multiple funds. Fundraising updates spotlight GTCR’s $3B close on its second Strategic Growth Fund, TCW's launch of a real estate debt strategy, and Allianz's €533M first close for its Infrastructure Credit Opportunities Fund II. Stay tuned for the latest in institutional and wealth management news.