LGPS CIO, LPL Recruits ATL Team, RE Debt Search, Private Fund Allocations, $3.6B Thoma Bravo Fund.

In this episode of the Dakota Fundraising News Podcast, Pat and Konch cover key updates across job changes, RIA/FA M&A, institutional coverage, and fundraising. Highlights include Jeffrey Chang joining NYU’s Investment Office as Managing Director, Scott Poore becoming CIO at Kingswood Wealth Advisors, and Jenny Buck being named CIO of London LGPS CIV. In M&A news, Klingman & Associates brought on NYC-based advisor Lizzie Decarlo from UBS, LPL recruited a $385M team from Kestra in Atlanta, and Sanctuary Wealth secured a $700M Miami team from Truist. Institutional updates featured asset allocation shifts at Austin City Employees’ and Tulare County Employees’ Retirement Systems, alongside recent commitments from Oregon PERS ($650M across private equity and international equities) and Texas County & District Retirement System ($150M to Ares European Credit Strategies Fund X). Fundraising news included Thoma Bravo closing its third credit fund at $3.6B and Kline Hill Partners targeting $300M for its new private equity secondary fund. Stay tuned for more insights in upcoming episodes!