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Northampton Capital Partners and Provident Data Centers have formed a joint venture to develop a 54-megawatt turnkey data center in the North Dallas Corridor, seeking to add capacity to one of the nation’s most supply-constrained data-center markets. The facility is expected to be delivered in late 2027. The 74-megawatt site will provide 54 megawatts of …

Independence Realty Trust and Centerspace have agreed to an all-stock merger that will create a multifamily real estate investment trust with approximately $8.1 billion in enterprise value and a $5 billion equity market capitalization. Centerspace shareholders will receive 3.8 IRT common shares for each Centerspace share. Upon closing, IRT stockholders will own approximately 78% of …

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 …

Independence Realty Trust and Centerspace have agreed to an all-stock merger that will create a multifamily real estate investment trust with approximately $8.1 billion in enterprise value and a $5 billion equity market capitalization. Centerspace shareholders will receive 3.8 IRT common shares for each Centerspace share. Upon closing, IRT stockholders will own approximately 78% of …

F.L.Putnam Investment Management Co. has acquired the Red Granite investment team from an affiliate of 1251 Capital Group, establishing its first Wisconsin office and expanding its proprietary equity platform. The six-person Milwaukee team, led by co-chief investment officers Joel D. Vrabel and David J. Drzadinski, oversaw more than $1 billion for private clients as of …

Executive Summary Federal Reserve Governor Christopher Waller is preaching patience before the central bank’s interest-rate decision next week. The bond market, however, is signaling that policymakers may have less room to wait as stable growth, higher energy prices and fiscal concerns keep upward pressure on Treasury yields. Investors can position for the uncertainty through short-duration …

U.S. consumers’ inflation expectations held largely steady in August, but their outlook for the labor market deteriorated, highlighting a growing divide between persistent price concerns and anxiety about employment conditions ahead of the Federal Reserve’s September policy meeting. Median inflation expectations for the one-year horizon were unchanged at 3.6%, according to the Federal Reserve Bank …

New Mountain Capital has exited its investment in Lincoln Investment Capital Holdings, returning full ownership of the independent broker-dealer and registered investment advisor to the Forst family and adviser shareholders. New Mountain invested in the Fort Washington, Pennsylvania-based company in 2020 through its inaugural Strategic Equity Fund, a $640 million vehicle focused on noncontrolling investments. …

Most advisory firms know they need to grow organically. Fewer have a clear strategy for doing it without adding proportional complexity, headcount, and cost. Alison Considine, head of strategy and business development at Betterment Advisor Solutions, believes the answer for many firms is sitting in a dataset they already have — their own client book. …

Northampton Capital Partners and Provident Data Centers have formed a joint venture to develop a 54-megawatt turnkey data center in the North Dallas Corridor, seeking to add capacity to one of the nation’s most supply-constrained data-center markets. The facility is expected to be delivered in late 2027. The 74-megawatt site will provide 54 megawatts of …

Partners Group’s infrastructure secondaries strategy is reinvesting in atNorth, taking a 10% stake after the Swiss firm completed the $4 billion sale of the Nordic data center operator to CPP Investments and Equinix. The closing reshaped the ownership announced in February. CPP Investments now holds a 51% controlling interest after committing $1.3 billion, while Equinix …

Private equity managers seeking fresh commitments face a rising technology standard from limited partners, but the differentiator is not simply artificial intelligence. Investors are focused on whether technology produces faster reporting, better data and more customized access to portfolio information, according to a new survey from Gen II Fund Services and The Harris Poll. The …

Executive Summary Federal Reserve Governor Christopher Waller is preaching patience before the central bank’s interest-rate decision next week. The bond market, however, is signaling that policymakers may have less room to wait as stable growth, higher energy prices and fiscal concerns keep upward pressure on Treasury yields. Investors can position for the uncertainty through short-duration …

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 …

Executive Summary Federal Reserve Governor Christopher Waller is preaching patience before the central bank’s interest-rate decision next week. The bond market, however, is signaling that policymakers may have less room to wait as stable growth, higher energy prices and fiscal concerns keep upward pressure on Treasury yields. Investors can position for the uncertainty through short-duration …