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Cove Capital Investments has acquired a Class A corporate headquarters in Southfield, Michigan, for a new Delaware statutory trust offering targeting approximately $11 million in investor equity. Southfield Corporate 118 DST is structured as a Regulation D, Rule 506(c) private placement. The three-story building is fully leased and serves as the North American headquarters of …

Expand Energy Corp. has agreed to acquire Twin Eagle Holdings, N.A., LLC for $1.25 billion, a move that will expand the company’s natural gas marketing and optimization capabilities while creating a more integrated energy platform across North America. The transaction, expected to close in the third quarter of 2026, will be funded through a combination …

OpenWorld Ltd. and Blockchain.com have entered a strategic partnership to expand real-world asset (RWA) tokenization and institutional access across global digital asset markets. As part of the agreement, Blockchain.com has also made a strategic investment in OpenWorld. The multi-year collaboration will integrate Blockchain.com’s trading, liquidity, and balance sheet capabilities directly into OpenWorld’s tokenization and advisory …

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 …

Investcorp has bought a majority stake in a $3 billion Minnesota-based registered investment advisory practice, as the firm aims to increase its merger and acquisition activity in the wealth management sector across North America.  Plymouth, MN-based Berger Financial Group, founded in 1981, provides financial planning, portfolio management, retirement planning, and tax planning services.  Following the transaction, Investcorp will gain a seat on Berger’s board, an Investcorp spokesperson said to Connect Money.  …

Registered investment adviser F.L. Putnam Investment Management has made a minority investment in Bixby Wealth Solutions, a subsidiary of private investment firm Moontower Group.  Bixby Wealth Solutions, which is backed by Carlyle Group’s global credit business, specializes in forging strategic minority deals with independent wealth management firms.  The RIA plans to use the capital to fund advisor development and growth and bolster its nationwide expansion.  As part of the transaction, RIA investor Emigrant Partners, which initially invested …

Consumers’ inflation expectations changed little in July and remained above the Federal Reserve’s 2% target, while views on household finances improved modestly, according to the New York Fed’s Survey of Consumer Expectations. Median inflation expectations one year ahead declined 0.1 percentage point to 3.6%. Expectations at the three- and five-year horizons held steady at 3.3% …

U.S. employers unexpectedly shed 23,000 jobs in July, falling far short of the 88,000 gain projected by economic consensus, according to data released by the U.S. Bureau of Labor Statistics. The drop was compounded by sharp downward revisions to prior months. May payroll additions were revised down by 66,000 to 63,000, while June figures were …

Chatham Financial has secured a strategic investment from former Citigroup CEO Vikram S. Pandit, Atairos and Singapore-based investment firm GIC, bringing three long-term capital partners into the financial risk management and technology company. Financial terms were not disclosed. Chatham’s employees will continue to hold a majority ownership stake following the transaction, which is expected to …

Wealth management firms must strengthen their recruitment and training programs as a large share of the industry’s financial advisors approaches retirement, according to the latest Cerulli Edge—U.S. Advisor Edition. About 35% of financial advisors, who collectively manage 40% of industry assets, expect to retire within the next 10 years. More than one-quarter of those advisors …

Expand Energy Corp. has agreed to acquire Twin Eagle Holdings, N.A., LLC for $1.25 billion, a move that will expand the company’s natural gas marketing and optimization capabilities while creating a more integrated energy platform across North America. The transaction, expected to close in the third quarter of 2026, will be funded through a combination …

Volta has emerged from stealth with plans to build large-scale artificial intelligence infrastructure backed by institutional capital, beginning with a $10 billion strategic partnership to develop an AI factory in Norway. The vertically integrated platform and Nvidia Cloud Partner was founded by CEO Ricard Boada and Chief Corporate Development Officer Sofia Gumuzio. Volta combines infrastructure …

BlackRock TCP Capital Corp. has agreed to sell 95% of the equity interests in a continuation vehicle holding approximately $523 million of investments to funds and accounts sponsored by Pantheon.  The vehicle contains investments across 78 portfolio companies with sector, lien and credit characteristics broadly similar to the business development company’s debt portfolio before the transaction.  The assets represented approximately 48% …

Consumers’ inflation expectations changed little in July and remained above the Federal Reserve’s 2% target, while views on household finances improved modestly, according to the New York Fed’s Survey of Consumer Expectations. Median inflation expectations one year ahead declined 0.1 percentage point to 3.6%. Expectations at the three- and five-year horizons held steady at 3.3% …

U.S. employers unexpectedly shed 23,000 jobs in July, falling far short of the 88,000 gain projected by economic consensus, according to data released by the U.S. Bureau of Labor Statistics. The drop was compounded by sharp downward revisions to prior months. May payroll additions were revised down by 66,000 to 63,000, while June figures were …

Executive Summary Inflation expectations have fallen sharply following last week’s benign CPI and PPI prints, yet the market continues to price a meaningful probability of an interest rate hike by the Federal Reserve — a disconnect that appears mispriced. On balance, the Fed will likely look through the near-term energy spike and hold rates steady …

U.S. employers unexpectedly shed 23,000 jobs in July, falling far short of the 88,000 gain projected by economic consensus, according to data released by the U.S. Bureau of Labor Statistics. The drop was compounded by sharp downward revisions to prior months. May payroll additions were revised down by 66,000 to 63,000, while June figures were …