Latest News

Bessemer Venture Partners has raised $5.75 billion in a single close, giving the firm fresh capital to invest in technology companies from their earliest stages through later growth rounds. The total includes $1.75 billion for seed and early-stage investments and $4 billion for growth deals. The firm will invest both in existing portfolio companies and …

StepStone Private Credit Fund has added a $250 million revolving credit facility arranged by Goldman Sachs Bank USA, expanding the financing available to support its private credit investment portfolio as the business development company continues to grow. The facility was established through StepStone SPV Facility VII, a wholly owned special-purpose subsidiary, according to a Form …

Tether and London-based Fasanara Capital have launched StableFund, an evergreen private credit vehicle backed by $400 million in sponsor co-investment and designed to raise as much as $3 billion from outside institutional investors. The fund will invest in short-duration, asset-backed credit opportunities sourced through Fasanara’s global fintech lending network. Its strategy will focus on financing …

Asset-tokenized platform Securitize has launched the Neuberger Securitize High Income Tokenized Fund, marking it as the first high-yield bond fund with investment manager Neuberger Berman.  The fund aims to attract risk-adjusted returns by investing primarily in high-yield and fixed-income investments across public blockchain networks such as Avalanche, Ethereum, Solana, and Sui.  The move comes as …

New York Life Investment Management has agreed to acquire a majority stake in Invictus Capital Partners, expanding its private credit business into residential mortgages. Washington-based Invictus manages more than $20 billion in gross assets focused on U.S. single-family residential credit. Its affiliate Verus Mortgage Capital sources and operates loans, giving the firm capabilities spanning underwriting, …

Simplify Asset Management has submitted an unsolicited proposal to acquire The Marygold Companies for $2.25 a share in cash, topping Madison Dearborn Partners’ agreement to buy the holding company for $2 a share and putting control of commodity ETF manager USCF in play. Simplify said it delivered the proposal to Marygold’s board Sept. 27, two …

Executive Summary The Treasury market’s sharp September selloff is better understood as a repricing of real rates, policy expectations and the neutral rate than as a broad loss of confidence in long-run inflation control. The 10-year Treasury yield reached 5.xx% on Sept. 23, its highest level since 2007, while the five-year yield rose above 5% …

U.S. finance chiefs remain broadly optimistic about the economy, but the outlook is diverging by company size as smaller firms face greater difficulty covering costs and financing growth, according to a survey released Wednesday. The third-quarter CFO Survey, conducted by Duke University and the Federal Reserve Banks of Richmond and Atlanta, collected responses from 517 …

WealthReach, along with Domain Money and Savology have teamed up to enable financial advisory firms to challenge the way clients reach their website and products.  Through the partnership, prospective clients and visitors will be automatically paired with an advisor depending on whether they meet a firm’s criteria and would be redirected to WealthReach. Other visitors would be directed to Domain Money …

Altruist, an artificial intelligence wealth tech platform, is bolstering its range into alternative investments by offering pre-initial public offering special purpose vehicles on its platform.  Through the pre-IPO investing opportunities, financial advisors will be allowed to let their clients subscribe to late-stage private company SPVs from its platform.  Additionally, advisors will be enabled to skim …

Global data center capital spending could reach $31.6 trillion from 2026 through 2050 as artificial intelligence drives demand for computing capacity, according to a PwC outlook. The report’s central finding is that the spending cycle would continue long after facilities are built. PwC commissioned Oxford Economics to model spending across 46 countries and territories. Slower …

LLR Partners has made a strategic investment in EnergyCAP, a utility and energy management software provider, joining existing investor Resurgens Technology Partners. The companies did not disclose the investment amount, ownership stakes or EnergyCAP’s valuation. Resurgens, which first invested in EnergyCAP in 2021, will remain an active investor. EnergyCAP brings utility bills, energy usage and …

Executive Summary The Treasury market’s sharp September selloff is better understood as a repricing of real rates, policy expectations and the neutral rate than as a broad loss of confidence in long-run inflation control. The 10-year Treasury yield reached 5.xx% on Sept. 23, its highest level since 2007, while the five-year yield rose above 5% …

Wealth management firms searching for greater scale may need to focus less on expanding advisor reach and more on redesigning the work surrounding client meetings. New research argues that fragmented scheduling, preparation, documentation and follow-up are reducing productivity, increasing key-person risk and weakening firm profitability. A white paper from The Oasis Group, sponsored by GReminders, …

Tether and London-based Fasanara Capital have launched StableFund, an evergreen private credit vehicle backed by $400 million in sponsor co-investment and designed to raise as much as $3 billion from outside institutional investors. The fund will invest in short-duration, asset-backed credit opportunities sourced through Fasanara’s global fintech lending network. Its strategy will focus on financing …

Vestmark has been tapped by Vanguard to provide an expanded source of model portfolios to registered investment advisors, as asset classes and service preferences continue to be growing factors for clients.  Vanguard has launched the Vanguard Custom Model Portfolios, which aims to provide advisors with customized portfolios through the firm. Through its partnership, Vestmark will …

Altruist, an artificial intelligence wealth tech platform, is bolstering its range into alternative investments by offering pre-initial public offering special purpose vehicles on its platform.  Through the pre-IPO investing opportunities, financial advisors will be allowed to let their clients subscribe to late-stage private company SPVs from its platform.  Additionally, advisors will be enabled to skim …

Executive Summary The Treasury market’s sharp September selloff is better understood as a repricing of real rates, policy expectations and the neutral rate than as a broad loss of confidence in long-run inflation control. The 10-year Treasury yield reached 5.xx% on Sept. 23, its highest level since 2007, while the five-year yield rose above 5% …