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The Kern County Employees’ Retirement Association allocated $150 million across quantitative equity, energy credit and real estate debt in September, following a $50 million commitment in August to Quantum Energy Partners IX for its real assets portfolio. In public equities, KCERA allocated $70 million to Man Numeric’s active systematic equity strategy, which uses a quantitative …

Boston Financial closed a $191 million multi-investor Low-Income Housing Tax Credit fund, securing capital to support the construction and preservation of affordable rental housing across 12 states. The fund, Boston Financial Institutional Tax Credits 63 Limited Partnership, drew commitments from seven institutional investors. It will finance projects involving 14 affordable housing developers across 16 communities, …

Wellesley Hills Financial, a digital investment bank, which serves the lower- to upper-middle market, has launched an advisory practice.  The unit, named WHF Fintech & Payments Institute, provides services to fintech, payments, and B2B software companies.  The Institute team includes senior advisor O.B. Rawls, founding team lead Mark Bishopp, founder and managing member Adam Hark, …

Bitwise Asset Management has brought its crypto model portfolios to Vise Technologies, Inc., making them available to wealth firms using a platform that serves more than 135,000 accounts and has over $140 billion in platform assets. The rollout gives advisors a way to include crypto exposure within a client’s broader portfolio of stocks, bonds and …

EQT AB has agreed to acquire Stockbridge, a leading U.S. real estate investment manager with approximately US$16.5 billion in fee-generating assets under management. With base consideration of US$375 million and potentially another US$175 million to be paid over the next four years, the acquisition covers 100% of the Stockbridge management company and the general partner …

Castlelake has priced its first commercial real estate collateralized loan obligation, CLCRE 2026-FL1, totaling about $1.1 billion. The initial pool includes 26 floating-rate senior loans secured by 26 commercial properties. The portfolio consists of bridge loans on multifamily and industrial properties, as well as hospitality, self-storage and student housing assets. The deal includes six offered …

Wholesale prices surged in September as energy costs spiked, posting the largest monthly increase in more than four years, the Bureau of Labor Statistics reported. The Producer Price Index for final demand rose a seasonally adjusted 1.3% in September, following increases of 0.5% in August and 0.2% in July. It was the biggest monthly gain …

Executive Summary Rising Treasury yields have been painful for bondholders, but they are also creating income opportunities investors haven’t seen in nearly two decades. With the forces driving rates higher showing few signs of fading, the challenge for investors is less about predicting the peak and more about structuring portfolios that can adapt to whatever …

Dallas-based registered investment advisor Ascentis Independent Advisors, owned by Ascentis Wealth Holdings, has added four practices from Raymond James Financial Services.  The firms, Capital Waypoint, Citrus Wealth Management, IMPACT Financial Strategies and Rooted Wealth Management, bring about $1 billion in combined assets to Ascentis.  Fresno, CA-based Capital Waypoint, is led by managing director and wealth manager Jarrod …

Many people assume that carefully managing their retirement accounts, investments and savings means their families will be well prepared when the time comes. But even diligent savers can leave behind a confusing mix of assets, beneficiary designations, real estate and legal documents that don’t work together the way they expected. That challenge is playing out …

TotalEnergies and KKR agreed to add 700 megawatts of solar capacity to their jointly owned U.S. investment platform. The transaction covers three utility-scale solar assets in Texas and Ohio with a combined enterprise value of $1.2 billion. The addition would increase the venture’s portfolio from approximately 1.4 gigawatts to 2.1 gigawatts. The companies retain equal …

Volato Group has signed an agreement allowing it to sell up to $1 billion in common stock to an institutional investor, creating a potential funding source for its expanding artificial intelligence infrastructure business. The company, which is rebranding as SOAR AI, entered the agreement Oct. 8 with DFU LLC, according to a Securities and Exchange …

Non-listed closed-end funds reached approximately $279 billion in aggregate net asset value in the third quarter of 2026, up 6.7% from the previous quarter, as growth in private equity and venture capital strategies contrasted with mounting redemption pressure on credit funds. Tender offer fund assets increased 9.7% to $136.6 billion, outpacing interval funds, which grew …

energyRe has closed an $815 million financing package for five utility-scale solar projects in South Carolina, advancing approximately 360 megawatts of generating capacity backed by long-term power contracts. The company described the transaction as one of the largest solar-only project financings in the state’s history. It supports energyRe’s goal of investing $2 billion in South …

Bitwise Asset Management has brought its crypto model portfolios to Vise Technologies, Inc., making them available to wealth firms using a platform that serves more than 135,000 accounts and has over $140 billion in platform assets. The rollout gives advisors a way to include crypto exposure within a client’s broader portfolio of stocks, bonds and …

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 …

Non-listed closed-end funds reached approximately $279 billion in aggregate net asset value in the third quarter of 2026, up 6.7% from the previous quarter, as growth in private equity and venture capital strategies contrasted with mounting redemption pressure on credit funds. Tender offer fund assets increased 9.7% to $136.6 billion, outpacing interval funds, which grew …