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GCM Grosvenor has held the final close of its inaugural Credit Secondaries Fund at $1.2 billion in total commitments, including capital raised for the fund and alongside it, expanding the Chicago-based alternative asset manager’s credit platform into the secondary market. The strategy targets opportunities across credit sub-strategies with a particular focus on opportunistic corporate and …

Pantheon has completed the final close of its Pantheon Global Co-Investment Opportunities Fund VI (PGCO VI) and related vehicles at $3.2 billion, marking the largest capital raise in the firm’s dedicated private equity co-investment strategy. The fund builds on Pantheon’s long-standing co-investment platform, which launched as a dedicated strategy in 2009 and now forms a …

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 …

The RIA M&A market remained on a record-setting pace in the second quarter despite moderating from an exceptional start to the year, with well-capitalized buyers continuing to consolidate market share through larger acquisitions and strategic technology investments. The combination of record private equity participation, rising target valuations and continued equity fundraising indicates that competitive advantages …

Grant Thornton Advisors LLC has agreed to acquire CBIZ Inc. in an all-cash transaction valued at $5 billion, a deal that will create the fifth-largest provider of professional services, tax and advisory services in the U.S. while accelerating the firm’s investment in artificial intelligence and technology. Under the terms of the agreement, CBIZ shareholders will …

The Federal Reserve left its benchmark interest rate unchanged at 3.50% to 3.75% on Wednesday, extending its policy pause for a fifth consecutive meeting while delivering a clear signal that the debate inside the central bank has become increasingly hawkish. Although the decision was widely anticipated, the meeting was marked by a rare three-way dissent …

The Federal Reserve voted to hold its benchmark interest rate steady at 3.5% to 3.75% on Wednesday, maintaining the policy target range established in January. The decision was not unanimous, as three central bank officials dissented in favor of a quarter-point rate increase: Cleveland Fed President Beth Hammack, Minneapolis Fed President Neel Kashkari, and Dallas …

Carson Group has expanded its national wealth management platform through a new partnership with Doyle and Loughman Wealth Management, a New Hampshire-based advisory firm overseeing approximately $1.76 billion in advisory and brokerage assets. The firm joins Carson Wealth from Wells Fargo Advisors Financial Network, marking Carson’s second office in Hanover, New Hampshire, as the company …

Janus Henderson, alongside its affiliates Victory Park Capital (VPC) and Privacore Capital, has secured more than $350 million in seed capital for its Privacore VPC Asset Backed Credit Fund, including a $100 million commitment from General Electric Pension Trust. The fund, a continuously offered, non-listed interval vehicle, marks the firms’ first registered product in the …

Merit and EdgeTunePower Inc. (ETP) have formed a strategic partnership to deliver integrated power infrastructure solutions for hyperscale data centers, independent power producers and engineering, procurement and construction (EPC) firms, as demand for AI-driven electricity capacity continues to grow. The collaboration combines Merit’s controls engineering expertise with EdgeTunePower’s capabilities in power system studies, electromagnetic transient …

A coalition of energy, infrastructure and utility companies plans to invest $100 billion to transform the U.S. Department of Energy’s former Paducah enrichment site in western Kentucky into one of the nation’s largest data center and energy campuses, advancing the growing buildout of AI infrastructure while repurposing federal land. The privately funded project, led by …

Janus Henderson, alongside its affiliates Victory Park Capital (VPC) and Privacore Capital, has secured more than $350 million in seed capital for its Privacore VPC Asset Backed Credit Fund, including a $100 million commitment from General Electric Pension Trust. The fund, a continuously offered, non-listed interval vehicle, marks the firms’ first registered product in the …

Publicly registered non-listed REITs and Delaware Statutory Trusts attracted nearly $8 billion in investor capital during the first half of 2026, marking the strongest combined fundraising performance since 2023. According to Robert A. Stanger & Company, publicly registered non-listed REITs raised $3.4 billion through June, a 20.6% increase from $2.8 billion during the same period …

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 …

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 …

Intercontinental Exchange, Inc. (ICE) has agreed to acquire electronic fixed income trading platform MarketAxess Holdings Inc. in an all-cash transaction at an equity value of approximately $6 billion and an enterprise value of $5.7 billion. Under the terms of the agreement, ICE will pay $167 per share in cash, representing a 33% premium over MarketAxess’s …