LPL, RayJay, Infrastructure Search Finalists, Pension Allocations.

In this week’s Dakota Fundraising News Podcast, André Mehta joins Michaud Capital Management as senior managing director to lead client success and investment strategy, while Ronald Meraz takes on the role of regional director at Citigroup overseeing over 275 branches across California and Nevada. BNP Paribas sees leadership changes in Southeast Asia as See Piu Chua departs and the Malaysia team expands under Sean Tay. On the RIA front, LPL Financial adds $330M Merrill Lynch advisor Mai Park, Raymond James recruits a $205M team from Janney, and Carson Group fully acquires $365M SRQ Wealth, marking its 25th wholly owned office. The City of Philadelphia delayed its vote in the private markets consultant search, with Meketa, Verus, and Marquette as finalists. Arkansas Public Employees Retirement System finalized six infrastructure secondary fund options including Blackstone, Pantheon, and Partners Group. On the investment side, LACERS committed $75M across three funds including a new relationship with Mavik Real Estate, TCDRS committed $50M to H.I.G.’s small-cap fund, and Santa Barbara County Employees’ closed two $7.5M commitments to Novacap and High Street.

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