Direct Investment

Wealthspire Advisors’ unit, Ground Control Business Management, has acquired a United Kingdom-based management firm, marking the division’s third transaction in the European market.  London-based private wealth manager Atlantic Swiss manages over $1 billion in total client assets and administration and is led by founder and president Craig Bell.  The firm provides financial planning, investment management …

Modern Wealth Management has purchased another California-based wealth management firm, which oversees $330 million in assets under management.     Lodi, CA-based 4thGEN Wealth Management, founded in 2015, provides investment management, retirement planning, and succession planning to high-net-worth clients, including business owners, pre-retirees, investors, and members of the agricultural sector.  The team is led by advisors Kenneth …

Anthropic has filed publicly with the Securities and Exchange Commission for what could be one of the largest initial public offerings on record, giving investors their first detailed look at the finances of a leading artificial intelligence developer just as worries over AI spending and debt are rattling markets. The Claude maker plans to list …

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 …

Brightwood Capital Advisors has priced a $253.55 million collateralized loan obligation, adding to its financing activity for middle-market lending. The transaction, Brightwood Capital MM CLO 2026-1 Ltd., is the firm’s 10th CLO issuance since 2019. GreensLedge Capital Markets will serve as placement agent. Brightwood said it received indications from third-party investors for securities rated AAA …

Castlelake has priced its first commercial real estate collateralized loan obligation, CLCRE 2026-FL1, totaling about $1.1 billion. The initial pool includes 26 floating-rate senior loans secured by 26 commercial properties. The portfolio consists of bridge loans on multifamily and industrial properties, as well as hospitality, self-storage and student housing assets. The deal includes six offered …

WT Realty Group has agreed to go public through a merger with FortuneX Acquisition Corp., giving the integrated real estate services platform an implied equity value of approximately $600 million. Under the agreement, FortuneX will move its corporate domicile from the Cayman Islands to Delaware and become the public holding company, expected to be renamed …

Nth Cycle Inc., a critical minerals refiner focused on reshoring strategic supply chains, has agreed to merge with Kensington Capital Acquisition Corp. VI in a deal that values the company at an implied enterprise value of $585 million. The transaction will take Nth Cycle public as Nth Cycle Holdings, Inc., with shares expected to trade …

The TCW Group, a global investment firm with over $200 billion in assets under management, has launched a dedicated asset-backed finance (ABF) division, which will be supported by over $1 billion in capital commitments from TCW, its partners, and affiliates. The Los Angeles-based firm’s expanded alternative capabilities will focus on lending against consumer assets, commercial …

Trivest Partners closed Trivest Recognition Fund – its largest buyout fund ever – at its hard cap with over $1.3 billion of total capital commitments, which included Trivest and its affiliates’ commitments, that will seek to invest in lower middle market companies with EBITDA above $15 million. Recognition is Trivest’s 12th institutional private equity fund …