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B Capital, a venture firm, has raised $500 million in aggregate commitments for its latest fund, B Capital Ascent Fund III.  The capital for the early-stage venture capital fund will be used to support the Seed, Series A, and Series B rounds of artificial intelligence-backed companies spanning technology, energy, and healthcare in North America and Asia.  The oversubscribed fund has invested in over 20 companies across AI infrastructure, robotics, healthcare, and frontier technologies, B Capital said.  “We have entered a technology cycle that is reshaping industries and …

New York-based Regal Healthcare Capital Partners, a healthcare-focused private equity firm, has raised $610 million in the final round for its fourth private equity fund, RHCP IV, surpassing its targeted goal of $550 million.  The fund also raised roughly $575 million of external commitments, which will go towards investing in various lower-middle-market healthcare services companies across the United States, the firm said.  “The quality and diversity of …

Galaxy Digital has made a strategic investment in Digital Prime Technologies, the institutional digital asset technology firm behind Tokenet, a lending platform developed in partnership with EquiLend. The investment extends an existing relationship: Galaxy participated as a launch client when Tokenet went live in May 2026. Tokenet applies securities lending workflows, risk controls, and lifecycle …

Peachtree Group, an investment management firm, has partnered with Goldman Sachs Custody Solutions to expand its reach of alternative investment offerings to investors.  Through Goldman Sachs’ custody solutions platform, RIAs will gain access to Peachtree’s investment products, to provide high-net-worth and affluent clients with“streamlined” access to Peachtree’s real estate and credit products.  Additionally, Peachtree’s investment vehicles are accessible through alternative investment platforms, including iCapital, SEI …

Argosy Private Equity has acquired a controlling interest in K&L Freight Management, a St. Charles, Illinois-based asset-light third-party logistics provider specializing in time-sensitive, mission-critical freight for the food and beverage, life sciences, and energy industries. The existing senior management team is continuing with the company and co-investing in the transaction alongside Argosy. Founded in 1997, …

Funds managed by Blackstone Energy Transition Partners have agreed to acquire Dresser Utility Solutions from private equity firm First Reserve. The acquisition represents the first investment from Blackstone Energy Transition Partners V, a vehicle the firm is currently raising. Its predecessor fund closed in February 2025 with $5.6 billion in total commitments. Founded in 1880 …

The Federal Reserve has unveiled the leadership and objectives of five newly formed task forces designed to sharpen how it conducts monetary policy at a time of heightened economic and technological change. The groups will focus on communications, balance sheet policy, data, productivity and jobs, and inflation frameworks, and are co-led by a mix of …

Executive Summary SpaceX’s record-breaking $25 billion investment-grade bond offering was initially hailed as another milestone in the AI infrastructure investment boom. With nearly $89 billion in investor orders, the transaction demonstrated that institutional appetite for marquee AI-related issuers remains exceptionally strong. Yet the celebration was short-lived. Record Demand Meets a Harsh Market Reality SpaceX made …

Concurrent Investment Advisors has added a newly launched registered investment advisor from Raymond James Financial Services with $750 million in assets under management. Potomac Financial Group, founded in 1973, is led by managing partner Todd Wike and includes advisors Lanta Evans, Kevin Pinto, Deborah Kelly, Brian Krawiec, Bradley Schell, and Gregory Wilkinson.  The team, which also includes three support staff members, joined Concurrent on July 6. As part of Potomac …

Evertern Wealth, an independent multi-family office based in Florida, has formed a strategic alliance with Vontobel Swiss Financial Advisers (Vontobel SFA) to significantly expand its international wealth management capabilities. The partnership provides Evertern’s clients with direct access to cross-border financial services, including multi-currency banking solutions, foreign currency management, and international investment access. Notably, the alliance …

Funds managed by Blackstone Energy Transition Partners have agreed to acquire Dresser Utility Solutions from private equity firm First Reserve. The acquisition represents the first investment from Blackstone Energy Transition Partners V, a vehicle the firm is currently raising. Its predecessor fund closed in February 2025 with $5.6 billion in total commitments. Founded in 1880 …

KKR has agreed to acquire the U.S. and Canadian operations of EDF Power Solutions from EDF Group, France’s state-owned utility, in a transaction valuing the equity interest at approximately $4.2 billion, with potential additional payments of up to $390 million. The deal, funded through KKR’s Global Infrastructure strategy, marks the firm’s second acquisition of U.S. …

Funds managed by Blackstone Energy Transition Partners have agreed to acquire Dresser Utility Solutions from private equity firm First Reserve. The acquisition represents the first investment from Blackstone Energy Transition Partners V, a vehicle the firm is currently raising. Its predecessor fund closed in February 2025 with $5.6 billion in total commitments. Founded in 1880 …

Global personal wealth climbed 10.8% in 2025, marking its strongest annual increase in three years as financial markets, currency movements and expanding investable assets fueled gains across major economies, according to the 17th edition of the UBS Global Wealth Report. The increase, measured in U.S. dollar terms, more than doubled the pace recorded in 2024 …

Figure Technology Solutions is making a bold move to expand its blockchain-based capital markets platform, announcing a $717 million agreement to acquire Kiavi, an AI-powered lending platform serving residential real estate investors. The deal includes a joint venture with Sixth Street to purchase loans off Kiavi’s balance sheet. Kiavi has spent 13 years building a …

Moomoo is expanding its cryptocurrency trading business into Texas while introducing a new feature that allows U.S. users to transfer digital assets directly between external wallets and their platform accounts. The global investment and trading platform said Texas-based investors can now trade 52 cryptocurrencies through Moomoo Crypto with zero commissions and transaction fees as low …

The Schwab Trading Activity Index rose to a multi-year high of 59.12 in June, up 7.33% from 55.08 in May, as retail investors on the Schwab platform used mid-month market pullbacks as buying opportunities. Net buys outpaced net sells by more than two to one, with the heaviest buying concentrated during the market retreats in …