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Morgan Stanley Wealth Management has expanded the availability of its Private Markets and Alternatives Fund to investors, while reducing the requirements.  The fund, PMAX-Balanced, has also lowered the minimum investment amount and introduced daily subscriptions, which will ultimately make private market strategies accessible to a broader range of clients, Morgan Stanley said.  The firm has also launched PMAX – Growth, a growth-focused fund, and plans to introduce further strategies …

Bridge Growth Partners, LLC has closed a $790 million single-asset continuation vehicle to support its investment in Solace, reflecting growing investor appetite for infrastructure underpinning enterprise AI adoption. The transaction was co-led by Apogem Capital, Golub Capital, HSBC Asset Management and Schroders Capital, alongside participation from Bridge Growth Partners III, which made its inaugural investment …

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 …

Cetera Financial has added a Tennessee-based wealth management firm to its employee-advisor registered investment advisory division, also expanding Cetera’s footprint in the state.  Johnson City, TN-based Marmo Financial Group, founded by principal advisor Scott Marmo, oversees about $300 million in assets under management across 620 clients.  As part of the transaction, the eight-person team has joined Cetera Planning Partners, and Cetera will continue operating the Marmo Financial Group office.  Additionally, Marmo Financial …

Wealth Enhancement will be acquiring a New York-based wealth management firm, which manages over $760 million in total client assets.  The Shufro-Glass Group, which is led by principal and senior financial advisors Gregory Shufro and Steven Glass, also includes three other staff members, the firm said.  The Shufro-Glass Group operates within Shufro Rose, a firm founded in 1938, and provides wealth management services, including …

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 …

Executive Summary Kevin Warsh’s arrival as Fed chair is reinforcing a more hawkish tone and a deliberate shift toward letting markets take the lead in pricing interest rates. Bond investors appear to be accepting that invitation. Real Treasury yields have climbed to multi-year highs, the yield curve has flattened sharply, overnight index swaps have repriced …

Cetera Financial has added a Tennessee-based wealth management firm to its employee-advisor registered investment advisory division, also expanding Cetera’s footprint in the state.  Johnson City, TN-based Marmo Financial Group, founded by principal advisor Scott Marmo, oversees about $300 million in assets under management across 620 clients.  As part of the transaction, the eight-person team has joined Cetera Planning Partners, and Cetera will continue operating the Marmo Financial Group office.  Additionally, Marmo Financial …

FactSet, a data and AI solutions provider, has partnered with TIFIN.AI, an AI-powered platform, to boost the integration of agentic AI-powered workflows for wealth managers.  In addition to its collaboration with the AI platform, FactSet has also made an undisclosed investment in TIFIN.AI, the firm said.  Through the partnership with FactSet’s Workstation system, users will gain access to various capabilities, including a meeting prep agent, which generates client-ready summaries, a book intelligence agent, and portfolio insights. The …

Bridge Growth Partners, LLC has closed a $790 million single-asset continuation vehicle to support its investment in Solace, reflecting growing investor appetite for infrastructure underpinning enterprise AI adoption. The transaction was co-led by Apogem Capital, Golub Capital, HSBC Asset Management and Schroders Capital, alongside participation from Bridge Growth Partners III, which made its inaugural investment …

Terawatt Infrastructure has secured a five-year senior secured credit facility of up to $150 million, with an option to increase total financing to $300 million, to accelerate the expansion of its electric vehicle and autonomous vehicle charging network across the U.S. The financing, provided by a syndicate of global banks led by RBC Capital Markets, …

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 …

Starwood Capital Group has held the final closing of Starwood Distressed Opportunity Fund XIII, raising more than $10.2 billion in capital commitments from over 300 new and existing investors across approximately 20 countries. SOF XIII will focus primarily on the U.S. and Europe, with selective exposure to Asia Pacific, targeting residential, data center, industrial, and …

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 …