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C-IV Capital Partners has acquired NAI Global from C-III Capital Partners, expanding its commercial real estate services platform across brokerage, leasing, capital markets, property management and advisory services. C-IV and C-III are controlled affiliates of Island Capital Group, a New York-based commercial real estate investment platform. Financial terms were not disclosed. The transaction closed July …

The Boston Retirement System has approved $40 million in new private credit commitments, allocating capital to two direct lending funds as the roughly $9 billion public pension continues expanding its exposure to middle-market private debt. At its July meeting, the board approved a $20 million commitment to Arcmont Direct Lending Fund V, managed by Arcmont …

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 …

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 …

C-IV Capital Partners has acquired NAI Global from C-III Capital Partners, expanding its commercial real estate services platform across brokerage, leasing, capital markets, property management and advisory services. C-IV and C-III are controlled affiliates of Island Capital Group, a New York-based commercial real estate investment platform. Financial terms were not disclosed. The transaction closed July …

Hightower Advisors has agreed to acquire Valley Financial Group, a Pennsylvania registered investment advisor overseeing approximately $275 million in assets under management, as it continues expanding its fully integrated Hightower Signature Wealth practice. Based in Ambler, Valley provides wealth management and financial planning to individuals, families, business owners, corporate employees and first responders across the …

U.S. producer prices were unchanged in July as declining goods costs balanced out increases across services and construction, according to data released by the Bureau of Labor Statistics. The Producer Price Index for final demand remained flat on a seasonally adjusted basis after edging down 0.1% in June and advancing 0.5% in May. Over the …

Executive Summary Japan and the United States recently jointly intervened to support the yen after the currency weakened to nearly ¥164 per dollar, its lowest level in roughly four decades. The operation briefly drove the yen to ¥155.20, its strongest level since May, before it surrendered part of the gain and settled near ¥157.50. The …

Independent Financial Partners has recruited Van Horn Financial Services and Severn Financial Advisors, adding more than $400 million in client assets from two practices previously affiliated with Commonwealth Financial Network. The additions bring IFP’s total recruitment from Commonwealth to four teams comprising 10 advisors and approximately $1.2 billion in client assets. Van Horn Financial Services …

Financial advisers are increasing their alternative investment allocations even as confidence in the global economy weakens, creating greater demand for technology, risk analytics and operational support, according to iCapital’s 2026 Global Advisor Survey. Eighty-nine percent of respondents plan to maintain or raise alternative allocations during the next 12 months. The share expecting to increase allocations …

Vantage Data Centers and Nebius have agreed to deploy high-density, NVIDIA-powered infrastructure at Vantage’s Newport, Wales, campus, adding domestic computing capacity as the United Kingdom seeks to expand its artificial intelligence economy. The project represents the first announced commercial capacity commitment in the South Wales AI Growth Zone, according to the companies. Nebius will lease …

J.P. Morgan Investment Management Inc. is preparing to launch the JPMorgan Real Assets Dedicated Fund, an interval fund organized as a Delaware Statutory Trust, according to a Securities and Exchange Commission filing on Aug. 7, 2026. Alternative asset manager GCM Grosvenor will serve as the fund’s unaffiliated investment subadviser. The strategy aims to deliver current …

Vantage Data Centers and Nebius have agreed to deploy high-density, NVIDIA-powered infrastructure at Vantage’s Newport, Wales, campus, adding domestic computing capacity as the United Kingdom seeks to expand its artificial intelligence economy. The project represents the first announced commercial capacity commitment in the South Wales AI Growth Zone, according to the companies. Nebius will lease …

Global hedge funds adjusted their artificial intelligence positions in July as investors shifted their attention from infrastructure spending toward evidence that companies can convert AI investments into revenue and earnings. Managers made measured portfolio changes instead of abandoning the AI trade, according to Hazeltree’s July Data Insights Crowding Report. The rotation coincided with a 20% …

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 …

Global hedge funds adjusted their artificial intelligence positions in July as investors shifted their attention from infrastructure spending toward evidence that companies can convert AI investments into revenue and earnings. Managers made measured portfolio changes instead of abandoning the AI trade, according to Hazeltree’s July Data Insights Crowding Report. The rotation coincided with a 20% …