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CIM Group’s Permanent Power Company has closed approximately $600 million in construction financing to move forward with Grape, a large-scale solar and battery storage project situated inside one of the largest permitted solar parks in the United States. The financing package comprises three tranches: a $372.3 million construction-to-term loan, a $166.7 million tax credit transfer …

Ares Management’s $22.6 billion Ares Strategic Income Fund capped investor repurchases for a second consecutive quarter after receiving redemption requests well above its quarterly limit, underscoring continued liquidity pressures across the non-traded business development company market. The non-traded BDC received repurchase requests representing 14.4% of outstanding shares during the second quarter, according to a June …

Peachtree Group, an investment management firm, has partnered with Goldman Sachs Custody Solutions to expand its reach of alternative investment offerings to investors.  Through Goldman Sachs’ custody solutions platform, RIAs will gain access to Peachtree’s investment products, to provide high-net-worth and affluent clients with“streamlined” access to Peachtree’s real estate and credit products.  Additionally, Peachtree’s investment vehicles are accessible through alternative investment platforms, including iCapital, SEI …

Figure Technology Solutions is making a bold move to expand its blockchain-based capital markets platform, announcing a $717 million agreement to acquire Kiavi, an AI-powered lending platform serving residential real estate investors. The deal includes a joint venture with Sixth Street to purchase loans off Kiavi’s balance sheet. Kiavi has spent 13 years building a …

Bluespring Wealth has expanded its national advisory network with the acquisition of Element Wealth Advisors, a Kestra Financial-affiliated registered investment advisor based in Atlanta that oversees approximately $450 million in client assets. The transaction marks Bluespring’s sixth announced acquisition of 2026 and continues the firm’s active growth strategy in the independent wealth management sector. Founded …

Invesco Commercial Real Estate Finance Trust Inc. (INCREF) has closed a $1.2 billion managed commercial real estate collateralized loan obligation (CRE CLO), expanding its private credit platform. The transaction, INCREF 2026-FL2, closed on June 16 and marks the perpetual-life REIT’s second CRE CLO issuance, following the successful completion of its inaugural $2025-FL1 transaction in May …

Financial executives grew slightly less optimistic about the U.S. economy during the second quarter as inflation, rising costs and geopolitical uncertainty weighed on business sentiment, according to the latest CFO Survey conducted by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Atlanta and Richmond. The survey found that chief financial officers …

The nation’s largest banks remain well capitalized and capable of continuing to lend through a severe economic downturn, according to the Federal Reserve’s 2026 annual bank stress test, which found all 32 institutions maintained capital levels above regulatory minimums despite absorbing more than $708 billion in projected loan losses. The hypothetical scenario modeled a deep …

Bluespring Wealth has expanded its national advisory network with the acquisition of Element Wealth Advisors, a Kestra Financial-affiliated registered investment advisor based in Atlanta that oversees approximately $450 million in client assets. The transaction marks Bluespring’s sixth announced acquisition of 2026 and continues the firm’s active growth strategy in the independent wealth management sector. Founded …

AE Wealth Management has launched its securities-based lending solution across its platform for advisors to tackle growing liquidity concerns from their clients.  The securities-based lending solution allows clients to borrow against eligible investment assets, including stocks, bonds, ETFs, and mutual funds, with no fees or prepayment penalties and the flexibility to draw or repay funds depending on their changing needs, AE Wealth said.  …

CIM Group’s Permanent Power Company has closed approximately $600 million in construction financing to move forward with Grape, a large-scale solar and battery storage project situated inside one of the largest permitted solar parks in the United States. The financing package comprises three tranches: a $372.3 million construction-to-term loan, a $166.7 million tax credit transfer …

OpenAI and Broadcom have unveiled Jalapeño, OpenAI’s first custom AI accelerator chip, designed from the ground up to handle large language model inference rather than adapted from general-purpose hardware. Engineering samples are already running production workloads in the lab, including GPT-5.3-Codex-Spark, at target frequency and power. Early testing shows performance per watt substantially ahead of …

Geopolitical uncertainty is increasingly influencing how institutional investors allocate capital to private markets, even as they remain committed to the asset class and seek new ways to generate liquidity, according to the latest Coller Capital Global Private Capital Barometer. Just over a third of respondents (37%) say the geopolitical environment is influencing their private markets …

Financial executives grew slightly less optimistic about the U.S. economy during the second quarter as inflation, rising costs and geopolitical uncertainty weighed on business sentiment, according to the latest CFO Survey conducted by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Atlanta and Richmond. The survey found that chief financial officers …

Figure Technology Solutions is making a bold move to expand its blockchain-based capital markets platform, announcing a $717 million agreement to acquire Kiavi, an AI-powered lending platform serving residential real estate investors. The deal includes a joint venture with Sixth Street to purchase loans off Kiavi’s balance sheet. Kiavi has spent 13 years building a …

Moomoo is expanding its cryptocurrency trading business into Texas while introducing a new feature that allows U.S. users to transfer digital assets directly between external wallets and their platform accounts. The global investment and trading platform said Texas-based investors can now trade 52 cryptocurrencies through Moomoo Crypto with zero commissions and transaction fees as low …

Financial executives grew slightly less optimistic about the U.S. economy during the second quarter as inflation, rising costs and geopolitical uncertainty weighed on business sentiment, according to the latest CFO Survey conducted by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Atlanta and Richmond. The survey found that chief financial officers …