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ExchangeRight has fully subscribed Essential Income 9 DST, a $52.85 million net-lease real estate offering designed to provide investors with monthly income and a potential tax-deferred transition into the company’s Essential Income REIT. Structured entirely with investor equity and no property-level debt, the Delaware statutory trust owns three properties totaling 205,857 square feet in South …

Origin Investments has closed its Select Asset Fund after adding Arca II, a 255-unit multifamily development in Las Vegas, as the second investment in its short-duration, 2026-vintage strategy. The Chicago-based real estate investment manager said the fund had less than $10 million of remaining capacity for accredited-investor commitments. The strategy targets a 14% to 18% …

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 …

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 …

Keystone, an insurance brokerage platform, has entered California’s market with its acquisition of brokerage Infinity Assurance Group.  Orange County, CA-based IAG, which was acquired on August 3, marks Keystone’s first platform partner in the Golden State.  IAG’s provides services in manufacturing, construction, large property, transportation, warehousing, logistics, and hospitality risks.  As part of the acquisition, …

AlphaCore Wealth Advisory is bolstering its services for ultra-high-net-worth clients with the launch of AlphaCore Streamline, following its acquisition of Streamline Family Office.  Dover, MA-based Streamline Family Office, which is a women-led practice, represents roughly $5 billion in collective assets, is led by CEO and founder Katie Sullivan, and brings its 15-person team to AlphaCore’s …

The Federal Reserve raised interest rates by a quarter point Wednesday, delivering its first increase since July 2023 as persistent inflation and higher energy costs forced policymakers to reverse course after easing policy in 2024 and 2025. The Federal Open Market Committee voted unanimously to lift the federal funds rate’s target range to 3.75% to …

The Federal Reserve raised interest rates by a quarter percentage point Wednesday, delivering its first increase since July 2023 as policymakers responded to renewed inflation pressures. The unanimous decision by all 12 voting members of the Federal Open Market Committee lifted the federal funds rate’s target range to 3.75% to 4%. Fed officials also signaled …

Apex Fintech Solutions has teamed up with FusionIQ, a cloud-based digital wealthtech platform, to roll out an offering focused on integrating brokerage services and wealth management services.  The offering enables clients to leverage and scale Apex’s clearing, custody, and brokerage services with FusionIQ’s capabilities, which includes digital financial advice, investing, digital model marketplace, and fin-TAMP …

FFL Partners has completed an investment in Waylin Partners, a Chicago-based Office of the CFO advisory firm serving private equity-backed companies, as financial sponsors increasingly seek outside support for finance transformation, data infrastructure and artificial intelligence initiatives. Waylin said the investment will support recruiting, expansion of its relationships with private equity firms and their portfolio …

Franklin Templeton has agreed to acquire a majority stake in European real assets manager Stoneshield Capital through its Clarion Partners subsidiary, significantly expanding the company’s presence in higher-return property and infrastructure strategies across Europe. The transaction will triple Clarion’s European assets under management to approximately $13 billion, or €11 billion. Clarion’s total assets will rise …

MacLean Power Systems has agreed to acquire Delta Star, adding power transformers and mobile substations to its growing portfolio of electric-grid equipment. Delta Star, founded in 1908 and headquartered in Lynchburg, Virginia, manufactures engineered-to-order power transformers, mobile and unitized substations, auxiliary trailers and related equipment. Its customers include electric utilities, data centers, industrial businesses and …

Global private capital fundraising is on course for a fifth consecutive annual decline as limited partners contend with weak distributions and direct a growing share of commitments toward the industry’s largest managers, according to PitchBook. Funds raising at least $1 billion captured 78.2% of all private capital commitments in the first half of 2026, up …

The Federal Reserve raised interest rates by a quarter point Wednesday, delivering its first increase since July 2023 as persistent inflation and higher energy costs forced policymakers to reverse course after easing policy in 2024 and 2025. The Federal Open Market Committee voted unanimously to lift the federal funds rate’s target range to 3.75% to …

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 …

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 …

The Federal Reserve raised interest rates by a quarter point Wednesday, delivering its first increase since July 2023 as persistent inflation and higher energy costs forced policymakers to reverse course after easing policy in 2024 and 2025. The Federal Open Market Committee voted unanimously to lift the federal funds rate’s target range to 3.75% to …

The Federal Reserve raised interest rates by a quarter percentage point Wednesday, delivering its first increase since July 2023 as policymakers responded to renewed inflation pressures. The unanimous decision by all 12 voting members of the Federal Open Market Committee lifted the federal funds rate’s target range to 3.75% to 4%. Fed officials also signaled …