Latest News

GridStor has closed a $220 million financing package to complete a utility-scale battery storage project in Arizona. The financing from ING Capital, KeyBank N.A. and Zions Capital Markets includes a tax equity bridge, construction debt and term debt for GridStor’s White Tank Reliability Project. The Maricopa County facility will provide 100 megawatts of power and …

BrightSpire Capital priced a $960 million managed commercial real estate collateralized loan obligation, expanding its term funding as the mortgage REIT seeks to recycle capital into new originations. The transaction, BRSP 2026-FL4, is expected to close Oct. 16. BrightSpire plans to place approximately $844.8 million of investment-grade securities with institutional investors, providing financing that is …

Tether and London-based Fasanara Capital have launched StableFund, an evergreen private credit vehicle backed by $400 million in sponsor co-investment and designed to raise as much as $3 billion from outside institutional investors. The fund will invest in short-duration, asset-backed credit opportunities sourced through Fasanara’s global fintech lending network. Its strategy will focus on financing …

Asset-tokenized platform Securitize has launched the Neuberger Securitize High Income Tokenized Fund, marking it as the first high-yield bond fund with investment manager Neuberger Berman.  The fund aims to attract risk-adjusted returns by investing primarily in high-yield and fixed-income investments across public blockchain networks such as Avalanche, Ethereum, Solana, and Sui.  The move comes as …

BrightSpire Capital priced a $960 million managed commercial real estate collateralized loan obligation, expanding its term funding as the mortgage REIT seeks to recycle capital into new originations. The transaction, BRSP 2026-FL4, is expected to close Oct. 16. BrightSpire plans to place approximately $844.8 million of investment-grade securities with institutional investors, providing financing that is …

Apella Wealth has added a California-based wealth management firm that oversees about $384 billion in assets under management, bolstering the firm’s presence in the Bay Area market.  San Rafael, CA-based Longview Financial Advisors, which was founded in 2018, is led by founder Tim Harrington and offers wealth management services, including financial planning to high-net-worth clients, …

U.S. finance chiefs remain broadly optimistic about the economy, but the outlook is diverging by company size as smaller firms face greater difficulty covering costs and financing growth, according to a survey released Wednesday. The third-quarter CFO Survey, conducted by Duke University and the Federal Reserve Banks of Richmond and Atlanta, collected responses from 517 …

Executive Summary The Federal Reserve’s quarter-point increase to a 3.75% to 4% target range began its first tightening campaign since July 2023, with policymakers signaling that at least one more increase may be needed before year-end. Past hiking cycles have ranged from modest adjustments to the aggressive inflation-fighting campaigns of the 1970s and early 1980s. …

Hybrid registered investment advisor Evergreen Wealth has launched its artificial intelligence tool, dubbed Evergreen.ai, targeted at providing clients with personalized financial strategies.  Evergreen.ai offers projections and tailored calculators for long-term financial planning, security prices, equity compensation, various retirement accounts, college savings accounts, tax strategies, and housing.  The platform gathers data regarding a user’s income, expenses, …

Carson Group has added a Wisconsin-based wealth management team, further expanding its footprint in the Great Lakes market.   Wauwatosa, WI-based Intrinsic Investors, founded in 1999, is led by wealth advisors William “Bill” Fons and Chad Melcher, alongside operations manager Dawn Williams and manages about $145 million in total client assets.  The team, which has joined …

GridStor has closed a $220 million financing package to complete a utility-scale battery storage project in Arizona. The financing from ING Capital, KeyBank N.A. and Zions Capital Markets includes a tax equity bridge, construction debt and term debt for GridStor’s White Tank Reliability Project. The Maricopa County facility will provide 100 megawatts of power and …

Battery Global Advisors has closed its inaugural Digital Infrastructure Fund with $208.5 million in commitments, exceeding its $150 million target. The fund invests at the corporate layer of the digital infrastructure value chain, backing data center and related platforms rather than financing only individual facilities. It targets businesses with contracted revenue, secured power access and …

Financial advisors are adopting artificial intelligence and portfolio-management tools to improve efficiency, but most have yet to translate that technology into more time for client relationships and business development, according to new Vanguard research. Seventy-two percent of advisors said they wanted more time for prospecting and strengthening existing relationships, Vanguard found in a national survey …

Family offices are directing more new capital toward public equities while retaining private investments and preparing for leadership transitions, according to Citi Wealth’s 2026 Global Family Office Report. Nearly half of respondents increased their public equity exposure this year, making stocks the leading destination for new capital. Global developed-market equities ranked highest for future net …

Tether and London-based Fasanara Capital have launched StableFund, an evergreen private credit vehicle backed by $400 million in sponsor co-investment and designed to raise as much as $3 billion from outside institutional investors. The fund will invest in short-duration, asset-backed credit opportunities sourced through Fasanara’s global fintech lending network. Its strategy will focus on financing …

Vestmark has been tapped by Vanguard to provide an expanded source of model portfolios to registered investment advisors, as asset classes and service preferences continue to be growing factors for clients.  Vanguard has launched the Vanguard Custom Model Portfolios, which aims to provide advisors with customized portfolios through the firm. Through its partnership, Vestmark will …

U.S. finance chiefs remain broadly optimistic about the economy, but the outlook is diverging by company size as smaller firms face greater difficulty covering costs and financing growth, according to a survey released Wednesday. The third-quarter CFO Survey, conducted by Duke University and the Federal Reserve Banks of Richmond and Atlanta, collected responses from 517 …

Executive Summary The Federal Reserve’s quarter-point increase to a 3.75% to 4% target range began its first tightening campaign since July 2023, with policymakers signaling that at least one more increase may be needed before year-end. Past hiking cycles have ranged from modest adjustments to the aggressive inflation-fighting campaigns of the 1970s and early 1980s. …