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Liberty Mutual Investments, the investment arm of Liberty Mutual Group, has formed a strategic partnership with Elda River Capital Management targeting up to $500 million in credit investments. The partnership builds on a long-standing relationship between the firms and expands the senior credit solutions Elda River can offer high-quality, middle-market borrowers in energy and infrastructure, …

CBRE Group has agreed to acquire London-based Onnec Group for an initial £460 million, approximately $610 million, in cash, expanding its data center infrastructure capabilities across Europe and Asia Pacific. The agreement includes a multiyear earnout of up to £300 million, approximately $400 million, contingent on Onnec meeting growth thresholds. Founded in 1986, Onnec designs, …

55ip, a fintech platform and a subsidiary of JP Morgan Asset Management, is expanding its unified managed account offering for RIA channels.  The platform’s UMA offerings include model portfolios with separately managed accounts from JP Morgan Asset Management and BlackRock.   The firm expects more asset managers to be added later this year.  The offering, 55ip …

Wellesley Hills Financial, a digital investment bank, which serves the lower- to upper-middle market, has launched an advisory practice.  The unit, named WHF Fintech & Payments Institute, provides services to fintech, payments, and B2B software companies.  The Institute team includes senior advisor O.B. Rawls, founding team lead Mark Bishopp, founder and managing member Adam Hark, …

CBRE Group has agreed to acquire London-based Onnec Group for an initial £460 million, approximately $610 million, in cash, expanding its data center infrastructure capabilities across Europe and Asia Pacific. The agreement includes a multiyear earnout of up to £300 million, approximately $400 million, contingent on Onnec meeting growth thresholds. Founded in 1986, Onnec designs, …

Simplicity Group has acquired two financial advisory firms, Denver-based MAIA Wealth and Chicago-based Zen Wealth Management Group, expanding its wealth management footprint in the Rocky Mountain region and adding tax planning expertise. Financial terms and acquired assets under management were not disclosed. Key members of MAIA Wealth’s team, including Scott Marek, Chandler te Velde and …

Executive Summary The bond market delivered a warning last week: Concern about an artificial intelligence debt bust can outweigh inflation anxiety, at least temporarily. Investors sought safety in U.S. Treasurys as AI-linked credit sold off, pushing government yields lower despite stronger-than-expected inflation readings. The move revived an argument that an AI credit unwind could become …

Wholesale prices surged in September as energy costs spiked, posting the largest monthly increase in more than four years, the Bureau of Labor Statistics reported. The Producer Price Index for final demand rose a seasonally adjusted 1.3% in September, following increases of 0.5% in August and 0.2% in July. It was the biggest monthly gain …

55ip, a fintech platform and a subsidiary of JP Morgan Asset Management, is expanding its unified managed account offering for RIA channels.  The platform’s UMA offerings include model portfolios with separately managed accounts from JP Morgan Asset Management and BlackRock.   The firm expects more asset managers to be added later this year.  The offering, 55ip …

Registered investment advisor Sowell Management has launched a new investment division, which is targeted towards providing advisors with access to various investment strategies.  The Office of the CIO combines due diligence, investment research, portfolio construction and investment management. Additionally, advisors across Sowell’s network can choose to “remain actively involved in portfolio decisions or delegate certain …

Liberty Mutual Investments, the investment arm of Liberty Mutual Group, has formed a strategic partnership with Elda River Capital Management targeting up to $500 million in credit investments. The partnership builds on a long-standing relationship between the firms and expands the senior credit solutions Elda River can offer high-quality, middle-market borrowers in energy and infrastructure, …

CBRE Group has agreed to acquire London-based Onnec Group for an initial £460 million, approximately $610 million, in cash, expanding its data center infrastructure capabilities across Europe and Asia Pacific. The agreement includes a multiyear earnout of up to £300 million, approximately $400 million, contingent on Onnec meeting growth thresholds. Founded in 1986, Onnec designs, …

ACORE Capital has launched a wealth management distribution platform to expand financial advisors’ access to its commercial real estate investment strategies, appointing industry veteran Mick Manning to lead the business. ACORE Capital Wealth Solutions, or ACWS, will offer real estate credit and select equity investments to high-net-worth investors. The platform will draw on ACORE’s underwriting …

Executive Summary The bond market delivered a warning last week: Concern about an artificial intelligence debt bust can outweigh inflation anxiety, at least temporarily. Investors sought safety in U.S. Treasurys as AI-linked credit sold off, pushing government yields lower despite stronger-than-expected inflation readings. The move revived an argument that an AI credit unwind could become …

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 …

Executive Summary The bond market delivered a warning last week: Concern about an artificial intelligence debt bust can outweigh inflation anxiety, at least temporarily. Investors sought safety in U.S. Treasurys as AI-linked credit sold off, pushing government yields lower despite stronger-than-expected inflation readings. The move revived an argument that an AI credit unwind could become …

Technology companies are navigating a shifting financing environment marked by selective venture investment, greater competition from private credit and a still-evolving market for initial public offerings. Mike Lederman, head of Western Alliance Bank’s Innovation Banking Group, has a front-row view of those changes through the bank’s work with companies across the growth cycle, from early-stage …