Latest News

I Squared Capital has closed its second infrastructure credit fund at more than $2.4 billion, more than four times the size of its predecessor. Including more than $600 million in commitments and expected commitments to co-investment vehicles, total commitments to ISQ Global Infrastructure Credit Fund II reached $3 billion, double the strategy’s original $1.5 billion …

The race to build data centers for artificial intelligence is reshaping commercial real estate finance, and lenders are being forced to look past the usual real estate metrics. An updated report from the CRE Finance Council outlines how the market for data center debt has grown, and why power supplies, tenant concentration and higher rates …

Vestmark has partnered with asset management firm Allspring Global Investments to enable registered investment advisors to develop tax-based model portfolios.  Vestmark will combine Allspring’s actively managed investment solutions with the platform’s technology, trading and tax capabilities to help advisors manage open-architecture portfolios, including asset allocation and portfolio construction.  Additionally, the tax-aware solution, which was built …

Victory Park Capital has launched a tokenized feeder fund providing access to its private asset-backed credit strategy, adding blockchain-based distribution and payment capabilities. The AltsABF Tokenized Feeder Fund, known as VALTS, invests in Privacore VPC Asset Backed Credit Fund, or AltsABF, a continuously offered, non-listed interval fund launched in January. VPC, a private credit and …

Anthropic has launched its roadshow for its initial public offering, setting the stage for one of the largest stock market debuts on record. The artificial intelligence company plans to sell 825 million shares of Class A common stock at $70 to $78 each, according to the company’s amended S-1 filing with the SEC. Anthropic is …

Ares Capital Corporation, a private middle-market financing provider, will merge with MidCap Financial Investment Corporation, in a $2.6 billion stock-and-cash deal.  The transaction will expand Ares Capital’s portfolio across direct lending to mid-sized businesses, as many consolidations within publicly traded private credit funds are anticipated to increase over the next couple of years.  The deal …

U.S. consumer prices rose 0.4% in October on a seasonally adjusted basis, slowing from a 0.6% increase in September as energy prices climbed at a much slower pace, the Bureau of Labor Statistics reported. Food prices picked up, while shelter accounted for more than 30% of the overall monthly increase. Core consumer prices, which exclude …

U.S. employers added 165,000 jobs in October, well above the average monthly gain of 48,000 over the past year, the Bureau of Labor Statistics reported Friday. The unemployment ticked down to 4.1% from 4.2% in September. August and September payrolls were revised up by a combined 84,000, with September now showing a 60,000 gain instead …

As companies stay private longer and headline names like Anthropic and SpaceX draw growing client interest, advisors are increasingly fielding a version of the same question: if I want exposure to the next marquee listing, when — and how — should I actually invest? The answer, according to Michael Halper, Partner and Portfolio Manager at …

Carlyle and retirement platform Basic Capital have announced a collaboration to bring private-market investment strategies to 401(k) and other defined contribution plans through SEI products, expanding distribution into workplace retirement accounts. The arrangement builds on Carlyle’s partnership with SEI and includes several collective investment trusts, with SEI Trust Co. serving as trustee. The vehicles will …

I Squared Capital has closed its second infrastructure credit fund at more than $2.4 billion, more than four times the size of its predecessor. Including more than $600 million in commitments and expected commitments to co-investment vehicles, total commitments to ISQ Global Infrastructure Credit Fund II reached $3 billion, double the strategy’s original $1.5 billion …

The race to build data centers for artificial intelligence is reshaping commercial real estate finance, and lenders are being forced to look past the usual real estate metrics. An updated report from the CRE Finance Council outlines how the market for data center debt has grown, and why power supplies, tenant concentration and higher rates …

The race to build data centers for artificial intelligence is reshaping commercial real estate finance, and lenders are being forced to look past the usual real estate metrics. An updated report from the CRE Finance Council outlines how the market for data center debt has grown, and why power supplies, tenant concentration and higher rates …

U.S. consumer prices rose 0.4% in October on a seasonally adjusted basis, slowing from a 0.6% increase in September as energy prices climbed at a much slower pace, the Bureau of Labor Statistics reported. Food prices picked up, while shelter accounted for more than 30% of the overall monthly increase. Core consumer prices, which exclude …

Wealth management firms are continuing to explore how their clients can leverage initial public offerings and how artificial intelligence-related technology will change the advisor-client relationship.   Scott Victoria, President of TradePMR, discusses opportunities ahead for RIAs and how AI plays a role in the evolving wealth space.  Robinhood acquired TradePMR last year.  The following responses have …

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 …

U.S. consumer prices rose 0.4% in October on a seasonally adjusted basis, slowing from a 0.6% increase in September as energy prices climbed at a much slower pace, the Bureau of Labor Statistics reported. Food prices picked up, while shelter accounted for more than 30% of the overall monthly increase. Core consumer prices, which exclude …

Publicly registered non-listed business development companies raised $1.5 billion in the third quarter, down 87% from a year earlier and the lowest quarterly total since late 2020, according to Robert A. Stanger & Co., Inc. Redemptions exceeded fundraising for a third straight quarter, producing $4.1 billion in net outflows even as investment returns improved. Through …