Latest News

Magnolia Oil & Gas has agreed to acquire WildFire Energy for approximately $4.06 billion, including assumed debt, in a deal that creates what the company describes as a premier position in South Texas by combining two complementary Giddings field operators with overlapping acreage across the Austin Chalk, Eagle Ford, and Woodbine formations. WildFire owners will …

Interstate Equities Corporation (IEC) has completed the final close of IEC Institutional Fund VI with $215 million in equity commitments, assembled entirely in-house over the past year. The vertically integrated real estate firm will use Fund VI to execute its value-add strategy, acquiring multifamily communities ranging from 40 to 400 units across high-barrier West Coast …

Galaxy Digital has made a strategic investment in Digital Prime Technologies, the institutional digital asset technology firm behind Tokenet, a lending platform developed in partnership with EquiLend. The investment extends an existing relationship: Galaxy participated as a launch client when Tokenet went live in May 2026. Tokenet applies securities lending workflows, risk controls, and lifecycle …

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 …

Arax Advisory Partners, a unit of Arax Investment Partners, will be acquiring a New Jersey-based RIA managing over $3 billion in client assets.  Madison, NJ-based Transcend Capital Advisors, which was established in 2019 by former New York Stock Exchange CEO Duncan Niederauer, offers wealth management and investment advisory services to high-net-worth clients.  The team, which is led by CIO and president Jacob Grossman and head of Fixed Income Robert Brown, also …

Magnolia Oil & Gas has agreed to acquire WildFire Energy for approximately $4.06 billion, including assumed debt, in a deal that creates what the company describes as a premier position in South Texas by combining two complementary Giddings field operators with overlapping acreage across the Austin Chalk, Eagle Ford, and Woodbine formations. WildFire owners will …

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 …

U.S. wholesale inflation followed the example of consumer price inflation in June with a monthly decline. The Producer Price Index for final demand fell by a seasonally adjusted 0.3% in June after rising 1.1% the previous month, the U.S. Bureau of Labor Statistics reported Wednesday. Analysts had expected the June figure to be in line …

Arax Advisory Partners, a unit of Arax Investment Partners, will be acquiring a New Jersey-based RIA managing over $3 billion in client assets.  Madison, NJ-based Transcend Capital Advisors, which was established in 2019 by former New York Stock Exchange CEO Duncan Niederauer, offers wealth management and investment advisory services to high-net-worth clients.  The team, which is led by CIO and president Jacob Grossman and head of Fixed Income Robert Brown, also …

Cresset has hired Chris Tiano and Nick Smith as managing directors and wealth advisors, placing Tiano in its Los Angeles office and Smith in New York. The two previously served as directors at Lazard Wealth, where they jointly oversaw $1.1 billion in assets under advisement. Tiano focuses on business owners and entrepreneurs, guiding clients through …

Magnolia Oil & Gas has agreed to acquire WildFire Energy for approximately $4.06 billion, including assumed debt, in a deal that creates what the company describes as a premier position in South Texas by combining two complementary Giddings field operators with overlapping acreage across the Austin Chalk, Eagle Ford, and Woodbine formations. WildFire owners will …

Hut 8 Corp. has signed a second 15-year, $9.8 billion lease for its Beacon Point data center campus in Texas, fully commercializing the site’s 1-gigawatt power capacity as demand for artificial intelligence infrastructure continues to accelerate. The agreement covers 352 megawatts (MW) of IT capacity and was executed with the same investment-grade tenant that signed …

Public pension systems are becoming increasingly concentrated in private markets and similar investment strategies, exposing retirement portfolios to higher valuation risk even as funding levels improve, according to Equable Institute’s annual review of U.S. state and local retirement plans. The nonprofit research organization examined investment and funding trends across 253 statewide and municipal pension systems …

Digital custodian Altruist has landed a major enterprise win as Boston-based Civic Financial announced it will transition its entire custodial and wealth management technology stack to the platform. Civic Financial is a 100% partner-owned, multigenerational wealth advisory firm managing approximately $1 billion in client assets for high-net-worth individuals and families. The full-platform migration marks a …

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 …

Galaxy Digital has made a strategic investment in Digital Prime Technologies, the institutional digital asset technology firm behind Tokenet, a lending platform developed in partnership with EquiLend. The investment extends an existing relationship: Galaxy participated as a launch client when Tokenet went live in May 2026. Tokenet applies securities lending workflows, risk controls, and lifecycle …

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 …

J.P. Morgan Asset Management launched the JPMorgan Managed Futures Plus ETF on the Nasdaq, offering investors combined exposure to U.S. equities and a managed futures strategy within a single fund structure. The JPMorgan Managed Futures Plus ETF, trading under the ticker JPFP, is designed to provide portfolio diversification through a managed futures allocation alongside exposure …