Latest News

Fitch Ratings has characterized the business development company sector outlook as “deteriorating,” pointing to declining asset quality metrics, elevated redemption pressure at perpetually non-traded BDCs, and ongoing pressure on net investment income and dividend coverage as the primary drivers. The agency’s conclusion followed a peer review of 13 U.S. BDCs, which resulted in negative ratings …

B Capital, a venture firm, has raised $500 million in aggregate commitments for its latest fund, B Capital Ascent Fund III.  The capital for the early-stage venture capital fund will be used to support the Seed, Series A, and Series B rounds of artificial intelligence-backed companies spanning technology, energy, and healthcare in North America and Asia.  The oversubscribed fund has invested in over 20 companies across AI infrastructure, robotics, healthcare, and frontier technologies, B Capital said.  “We have entered a technology cycle that is reshaping industries and …

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 …

Houlihan Lokey has agreed to acquire Intrepid Financial Partners, an investment bank focused on advisory services across the energy sector. Intrepid Investment Management, the firm’s separate investment management business, is not included in the transaction and will continue operating independently under its existing name. Founded in 2015 by Hugh “Skip” McGee III and Christopher Winchenbaugh, …

Argosy Private Equity has acquired a controlling interest in K&L Freight Management, a St. Charles, Illinois-based asset-light third-party logistics provider specializing in time-sensitive, mission-critical freight for the food and beverage, life sciences, and energy industries. The existing senior management team is continuing with the company and co-investing in the transaction alongside Argosy. Founded in 1997, …

U.S. inflation decelerated in June, with the Consumer Price Index (CPI) declining 0.4% after increasing 0.5% in the previous month. A 5.7% drop in the energy index drove the monthly all-items decrease, more than offsetting increases in indexes for shelter and food, the Bureau of Labor Statistics said Tuesday. The energy index was up 15.7% …

The Federal Reserve has unveiled the leadership and objectives of five newly formed task forces designed to sharpen how it conducts monetary policy at a time of heightened economic and technological change. The groups will focus on communications, balance sheet policy, data, productivity and jobs, and inflation frameworks, and are co-led by a mix of …

Nearly half of all U.S. adults are single, and a growing number of them are not just coping with financial independence — they are embracing it. A new Ameriprise Financial study, Flying Solo: Navigating Financial Autonomy, finds that 85% of financially solo adults feel confident managing their own money, and 91% report a sense of …

Houlihan Lokey has agreed to acquire Intrepid Financial Partners, an investment bank focused on advisory services across the energy sector. Intrepid Investment Management, the firm’s separate investment management business, is not included in the transaction and will continue operating independently under its existing name. Founded in 2015 by Hugh “Skip” McGee III and Christopher Winchenbaugh, …

Funds managed by Blackstone Energy Transition Partners have agreed to acquire Dresser Utility Solutions from private equity firm First Reserve. The acquisition represents the first investment from Blackstone Energy Transition Partners V, a vehicle the firm is currently raising. Its predecessor fund closed in February 2025 with $5.6 billion in total commitments. Founded in 1880 …

KKR has agreed to acquire the U.S. and Canadian operations of EDF Power Solutions from EDF Group, France’s state-owned utility, in a transaction valuing the equity interest at approximately $4.2 billion, with potential additional payments of up to $390 million. The deal, funded through KKR’s Global Infrastructure strategy, marks the firm’s second acquisition of U.S. …

U.S. inflation decelerated in June, with the Consumer Price Index (CPI) declining 0.4% after increasing 0.5% in the previous month. A 5.7% drop in the energy index drove the monthly all-items decrease, more than offsetting increases in indexes for shelter and food, the Bureau of Labor Statistics said Tuesday. The energy index was up 15.7% …

Fitch Ratings has characterized the business development company sector outlook as “deteriorating,” pointing to declining asset quality metrics, elevated redemption pressure at perpetually non-traded BDCs, and ongoing pressure on net investment income and dividend coverage as the primary drivers. The agency’s conclusion followed a peer review of 13 U.S. BDCs, which resulted in negative ratings …

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 …

The Schwab Trading Activity Index rose to a multi-year high of 59.12 in June, up 7.33% from 55.08 in May, as retail investors on the Schwab platform used mid-month market pullbacks as buying opportunities. Net buys outpaced net sells by more than two to one, with the heaviest buying concentrated during the market retreats in …