Pulse 2.0

Franklin Resources Reports $1.79 Trillion In Preliminary Month-End AUM

Vertex Acquiring Crinetics Pharmaceuticals For $10 Billion

Pearl Health Raises $110 Million To Expand AI Platform For Medicare Care

Iridium Acquires Aireon

Hypefy Raises $7.2 Million Series A To Scale Creator Marketing Platform

Digiclean Raises €2.5 Million Seed Round To Improve Industrial Fluid Monitoring

By Amit Chowdhry ● Today at 4:59 PM

Digiclean Solutions announced that it has closed a €2.5 million seed funding round. The company said the milestone will support the next phase of its growth as it helps manufacturers gain better visibility into industrial process fluids.

Blue Origin Reportedly Raising About $10 Billion At $130 Billion Valuation

By Amit Chowdhry ● Today at 4:55 PM

Blue Origin is reportedly raising about $10 billion in its first outside funding round. The financing would value Jeff Bezos’ rocket company at about $130 billion.

Dechert Adds Leahana Grimley As Partner To Bolster Private Equity M&A Capabilities

By Amit Chowdhry ● Today at 4:47 PM

Dechert announced that Leahana Grimley has joined the firm as a partner in its corporate and securities practice. She will be based in the firm’s San Francisco office.

Wavvest Adds $1.4 Billion Advisor Vinnie Maliakkal From Charles Schwab

By Amit Chowdhry ● Today at 4:45 PM

Wavvest, a Chicago-based startup building an AI-native operating system for independent wealth managers, has named Vinnie Maliakkal as managing director and founding advisor of its in-house registered investment advisor. Maliakkal spent the last 11 years at Charles Schwab, where he managed $1.4 billion in client assets across 450 households before making the move.

MidOcean Energy: Private Department Of Sheikh Mohammed Bin Khalid Al Nahyan Invests $1.13 Billion

By Amit Chowdhry ● Today at 4:29 PM

The Private Department of Sheikh Mohammed bin Khalid Al Nahyan is committed to investing $1.13 billion in MidOcean Energy. MidOcean is a liquefied natural gas company formed and managed by EIG.

SkyKnight Capital Closes Fund V At $2 Billion Hard Cap

By Amit Chowdhry ● Today at 4:23 PM

SkyKnight Capital announced the final close of SkyKnight Capital Fund V with $2 billion in commitments. The fund closed on July 1, 2026, with backing from endowments, foundations, pensions, family offices, and institutional investors.

Focus Financial Network Expands To East Coast With Jennifer McDonald

By Amit Chowdhry ● Today at 4:21 PM

Focus Financial Network announced its expansion into the Mid-Atlantic with its first East Coast office in Winchester, Virginia. Jennifer McDonald has joined the firm in the new location as part of its national growth strategy.

Arkenstone Defense Raises $35 Million Seed To Help Commercial Companies Enter Federal Market

By Amit Chowdhry ● Today at 4:16 PM

Bregal Milestone Closes Fund III At €915 Million Hard Cap

By Amit Chowdhry ● Today at 4:13 PM

Bregal Milestone announced the final close of its third fund, Bregal Milestone III, at its increased hard cap of €915 million. The fund was oversubscribed and broadened the firm’s global investor base.

SambaNova Raises $1 Billion Series F First Close At $11 Billion Valuation

By Amit Chowdhry ● Today at 4:10 PM

SambaNova announced that it has completed the first close of $1 billion in strategic financing as part of a Series F round. The financing values the company at $11 billion post-money.

Quinbrook Closes Oversubscribed £587 Million Renewables Impact Fund II

By Amit Chowdhry ● Today at 4:06 PM

Quinbrook announced the final close of its second U.K.-focused Quinbrook Renewables Impact Fund. The fund, known as QRIF II, closed with £587 million of investor commitments, exceeding its £500 million target.

OpenAI Introduces GPT-Live To Power More Natural ChatGPT Voice Interactions

By Amit Chowdhry ● Today at 4:03 PM

OpenAI introduced GPT-Live, a new generation of voice models designed to make speaking with AI feel more like a natural conversation. The models are now powering an upgraded ChatGPT Voice experience.

400 Capital Closes Capital Relief Transactions Referencing $1.5 Billion Mortgage Loan Portfolio

By Amit Chowdhry ● Today at 3:56 PM

400 Capital Management announced the successful closing of capital relief transactions referencing a $1.5 billion portfolio of residential mortgage loans held on a U.S. bank balance sheet. The transactions were designed to provide the bank with a flexible, non-dilutive capital relief solution.

Temasek Portfolio Hits Record S$518 Billion As AI And Private Credit Focus Expands

By Amit Chowdhry ● Today at 3:53 PM

Temasek reported that its net portfolio value rose to a record S$518 billion as of March 31, 2026. The Singapore state investor said the figure represents a doubling of its portfolio over the past decade, according to CNBC.

Arlington Capital Partners Launches Highwater And Acquires AMP United

By Amit Chowdhry ● Today at 3:47 PM

Arlington Capital Partners announced the launch of Highwater, a naval services platform focused on vessel preservation, repair, and specialist services for U.S., Australian, and allied fleets. Highwater combines Arlington portfolio company Eptec Defence with AMP United, a U.S. provider of naval preservation, structural, and scaffolding services.

Genesys University Seed Fund Holds First Close With Over $30 Million In Commitments

By Amit Chowdhry ● Today at 3:44 PM

The University of Toronto, McMaster University, Venture Ontario, and Genesys Capital announced the creation of a new early-stage life sciences venture capital fund. The Genesys University Seed Fund has held a first close representing over $30 million of commitments.

Morgan Stanley Expansion Capital Invests In Viken Detection

By Amit Chowdhry ● Today at 3:37 PM

Morgan Stanley Investment Management announced that funds managed by Morgan Stanley Expansion Capital have made a growth investment in Viken Detection. The investment will support Viken’s continued growth and innovation.

Pandion Announces Strategic Growth Investment From Bregal Sagemount

By Amit Chowdhry ● Today at 3:34 PM

Pandion Optimization Alliance announced a strategic growth investment from Bregal Sagemount. The investment will support Pandion’s next phase of growth as it strengthens member advocacy, expands purchasing scale, and enhances services across the non-acute healthcare market.

Avant Natural Resources Closes Fund II With Over $1 Billion In Commitments

By Amit Chowdhry ● Today at 3:31 PM

Avant Natural Resources announced the final close of Avant Natural Resources Fund II and related vehicles at their respective hard caps. The fundraise closed with more than $1 billion in total equity capital commitments.

BlackRock Aladdin Expands Preqin Benchmarks And Indices For Private Markets

By Amit Chowdhry ● Today at 3:24 PM

BlackRock Aladdin announced the expansion of its Preqin Benchmarks and Indices solutions. The enhanced offering gives investors access to reporting-grade indices and customizable peer benchmarks in one integrated solution.

Diversified Trust Announces Atlanta Leadership Appointments

By Amit Chowdhry ● Today at 3:22 PM

Diversified Trust announced new leadership appointments in its Atlanta office. The changes reflect the employee-owned wealth management firm’s continued focus on leadership development, long-term growth, and succession planning.

Allocate Appoints Matt Dunn As Chief Revenue Officer Amid Rapid Growth

By Amit Chowdhry ● Today at 3:18 PM

Allocate announced the appointment of Matt Dunn as Chief Revenue Officer. Allocate is a private markets operating system for wealth advisory firms and fund managers.

William Blair Investment Management Appoints Olga Bitel As Chief Investment Strategist

By Amit Chowdhry ● Today at 3:16 PM

William Blair Investment Management announced the appointment of Olga Bitel as Chief Investment Strategist. This is a newly established role focused on shaping the firm’s investment perspective across global markets and economies.

Steward Partners Appoints Joseph Glick As Chief Operating Officer

By Amit Chowdhry ● Today at 3:12 PM

Steward Partners announced the appointment of Joseph Glick as Chief Operating Officer. Glick will have primary accountability for finance, operations, and technology as the firm builds infrastructure to support its next phase of growth.

Cerity Partners Names Will Peng As First Chief Innovation Officer

By Amit Chowdhry ● Today at 3:11 PM

Cerity Partners announced the appointment of Will Peng as its first Chief Innovation Officer. The firm said the appointment reflects its commitment to using technology and AI to enhance workflows and the client experience as it continues to grow.

Kestra Financial Adds Austen Karr To Expand Western U.S. Business Development Team

By Amit Chowdhry ● Today at 3:08 PM

Kestra Financial announced the continued expansion of its business development team with the addition of Austen Karr and the promotion of Jack Roller. Both will serve as Business Development Consultants, extending the firm’s recruiting coverage across the Western U.S.