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Manulife | Comvest Credit Partners has raised $5.4 billion in total investable capital through the final close of Comvest Credit Partners VII and related transaction vehicles, marking the private credit platform’s largest fundraising to date. CCP VII is the latest vintage of the platform’s flagship North American direct lending strategy. The fund provides financing to …

Thermal battery developer Antora Energy has closed an oversubscribed $550 million Series C funding round to expand its manufacturing capacity and accelerate commercial project deployment across the United States. Co-led by G2 Venture Partners and Eclipse, the round drew new investments from Ribbit Capital, Salesforce Ventures, Activate Capital, John Doerr, Westly Group, StepStone Group, and …

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 …

TPG Mortgage Investment Trust Inc. has agreed to acquire Cherry Hill Mortgage Investment Corp. in a stock-and-cash transaction valued at approximately $117.5 million, creating a larger residential mortgage REIT with a $9 billion investment portfolio. Under the agreement, Cherry Hill shareholders will receive 0.3063 shares of MITT common stock and $0.93 in cash for each …

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.  …

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 …

As a generation of founder-led registered investment advisors approaches retirement, succession planning has become one of the most critical and complex challenges facing the wealth management industry. Preparing an advisory business for a sale, capital raise, or internal transition requires far more than matching buyers and sellers; it demands rigorous process discipline, deep understanding of …

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 …

Thermal battery developer Antora Energy has closed an oversubscribed $550 million Series C funding round to expand its manufacturing capacity and accelerate commercial project deployment across the United States. Co-led by G2 Venture Partners and Eclipse, the round drew new investments from Ribbit Capital, Salesforce Ventures, Activate Capital, John Doerr, Westly Group, StepStone Group, and …

Lotus Infrastructure Partners has secured approximately $1.8 billion in capital commitments across its fourth infrastructure fund, future co-investments and a single-asset continuation vehicle. The final closings include more than $1.3 billion for Lotus Infrastructure Fund IV investments, $275 million reserved for related co-investment opportunities and $170 million for the continuation vehicle. Fund IV received commitments …

Publicly registered non-listed business development companies raised $2 billion in the second quarter, an 82% decline from a year earlier and the lowest quarterly total since the fourth quarter of 2020, according to Robert A. Stanger & Company, Inc. First-half fundraising totaled $7.1 billion, down 70% from $23.5 billion in the first six months of …

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% …

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 …