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Half of alternative investment firms surveyed admit to not managing compensation with the same rigor applied to other core business functions — a gap that Allvue and its research partner, Major, Lindsey & Africa (MLA), say is becoming increasingly dangerous as competition for experienced professionals intensifies. Only 11% of firms believe their carry administration capabilities …

NAV BDC sponsors delivered nearly $5.9 billion in liquidity to investors in the second quarter of 2026, bringing year-to-date redemptions met to more than $12.7 billion, according to Robert A. Stanger & Co. The figures, drawn from approximately 99% of the market, reflect the semi-liquid vehicle structure absorbing historically elevated redemption pressure without forcing distressed …

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 …

EP Wealth Advisors has acquired Opes Wealth Management, a Menlo Park-based firm managing more than $900 million in assets, adding eight team members to EP Wealth’s growing Northern California presence. Founded in 2005 by Mark Duvall, Opes was built around integrating real estate and wealth management expertise, drawing on Duvall’s background in West Coast real …

San Mateo Midstream, the 51%-owned joint venture between Matador Resources Company and Five Point Infrastructure, has agreed to acquire the operating subsidiaries of Cardinal Midstream Partners for $752 million in cash, strengthening its position as a leading midstream operator in the Delaware Basin. The acquisition expands San Mateo’s natural gas gathering, processing and transportation network …

U.S. consumers raised their short- and medium-term inflation outlooks in June, pushing expectations to their highest levels in years even as anticipated gasoline prices fell to a four-year low. The Federal Reserve Bank of New York’s June Survey of Consumer Expectations, released Tuesday, showed that median inflation expectations at the one-year horizon rose 0.2 percentage …

U.S. employers added 57,000 jobs in June, while the unemployment rate edged down to 4.2% from 4.3% in May, according to the U.S. Bureau of Labor Statistics. The report also included sizable downward revisions to prior months. April payroll growth was revised lower to 148,000 from 179,000, while May payrolls were cut to 129,000 from …

Artificial intelligence is rapidly moving beyond experimentation in wealth management as firms look for practical ways to integrate automation, personalization and decision-making capabilities into advisor and client workflows. As competition intensifies and firms search for operational efficiencies, the conversation is increasingly shifting from simple generative AI tools toward “agentic AI” systems capable of taking action, …

An Ohio-based financial advisory team, which was previously affiliated with Osaic Wealth’s Lincoln Wealth business, has transitioned to its W-2 affiliated channel.  Cincinnati, OH-based Tri-State Financial Group, which oversees roughly $575 million in assets under advisement, offers financial planning, investment management, retirement solutions, and estate and tax planning.  The team is led by managing directors Michael George and Michelle Metzger and includes advisors Rhonda Matarese and Michael Metzger. The team …

Power Sustainable Infrastructure Credit (PSIC) has closed a $45 million senior secured financing for Novilla RNG, providing growth capital to accelerate the company’s pipeline of dairy renewable natural gas projects across the U.S. The financing will fund the construction of two greenfield dairy RNG facilities in South Dakota and support Novilla RNG’s broader development strategy. …

San Mateo Midstream, the 51%-owned joint venture between Matador Resources Company and Five Point Infrastructure, has agreed to acquire the operating subsidiaries of Cardinal Midstream Partners for $752 million in cash, strengthening its position as a leading midstream operator in the Delaware Basin. The acquisition expands San Mateo’s natural gas gathering, processing and transportation network …

NAV BDC sponsors delivered nearly $5.9 billion in liquidity to investors in the second quarter of 2026, bringing year-to-date redemptions met to more than $12.7 billion, according to Robert A. Stanger & Co. The figures, drawn from approximately 99% of the market, reflect the semi-liquid vehicle structure absorbing historically elevated redemption pressure without forcing distressed …

The $54 billion Indiana Public Retirement System (INPRS) is reshaping its alternatives portfolio, reducing its exposure to risk parity strategies while continuing to expand investments in private infrastructure as part of a broader asset allocation overhaul. The Indianapolis-based pension system terminated a risk parity mandate in May following a board-approved policy change that lowered the …

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 …

U.S. employers added 57,000 jobs in June, while the unemployment rate edged down to 4.2% from 4.3% in May, according to the U.S. Bureau of Labor Statistics. The report also included sizable downward revisions to prior months. April payroll growth was revised lower to 148,000 from 179,000, while May payrolls were cut to 129,000 from …

Cboe Global Markets has launched the first products under its new Cboe PredictsSM platform, expanding its suite of retail trading tools with binary options tied to the performance of the S&P 500. The initial offering consists of binary option contracts based on the Mini-S&P 500 Index (XSP), which trades at one-tenth the size of the …