Barings has named Brian Maute Head of U.S. Wealth, creating a new leadership position as the $502 billion alternative asset manager expands distribution across registered investment advisers, broker-dealers, private banks, family offices and other wealth platforms.
TWG Global has appointed David A. Markowitz as Chief Legal Officer, adding a lawyer with three decades of legal and financial services experience to the holding company's leadership team.
U.S. Bank has named Chris Peary Chief Private Banking Officer for Wealth Management, putting a two-decade company veteran in charge of advancing banking, credit, and wealth solutions for affluent, high-net-worth, and ultra-high-net-worth clients.
Gibson Dunn has added Clay Brett as a partner in its Houston office, expanding the firm's Private Equity and Energy and Infrastructure practice groups. Brett advises sponsors and portfolio companies on M&A, investments and financing transactions across the energy industry and brings experience from both private practice and principal-investor roles.
Milbank plans to open an office in Chicago and has recruited Nadav Klugman as a partner in its Global Project, Energy & Infrastructure Finance Group to help establish the new location.
Phillips Lytle has named partner Victoria Grady leader of its Chicago office as the law firm looks to accelerate its Midwest expansion around banking, financial services and litigation.
McGuireWoods has elevated Jackie Wells to partner in New York, strengthening its Securities Enforcement & Regulatory Counseling Practice with a former Financial Industry Regulatory Authority enforcement director.
Mobile Communications America has acquired AVC Inc., doing business as Arkansas Valley Communications, expanding MCA's Arkansas service footprint from three locations to eight.
E Source has acquired Aneden Consulting, expanding its grid modernization, engineering, and interconnection capabilities as growing electricity demand increases pressure on power-grid connection queues.
Beehive Industries has received approval for a $4.23 million performance-based Job Growth Incentive Tax Credit from the Colorado Economic Development Commission to support a major expansion of its additively manufactured jet engine operations.
Secovia Capital has acquired Ferrovia, the railroad vegetation management business of Genesis Rail Company, a portfolio company of Auxo Investment Partners. Financial terms were not disclosed.
STIC Investments has agreed to acquire a controlling stake in Kidsnote, the childcare communication platform backed by Kakao, through a consortium with Kidsnote CEO and founder Choi Jang-wook and Seoul-based Xolon Invest, according to KED Global.
Tata Consultancy Services has agreed to acquire MHP, Porsche's management and IT consulting business, as the sports car manufacturer sharpens its focus on its core operations while establishing a broader strategic technology partnership with TCS.
The AmeriFlex Group has launched an AI-enabled program called Scout that can analyze hundreds of advisory firms and create comprehensive profiles of practices that may be approaching succession, significantly accelerating a process that previously required substantially more manual review.
Booz Allen Hamilton has completed its $720 million acquisition of the Ultra I&C Mission Solutions business, expanding its portfolio of defense technology products across secure communications, edge computing, encryption and battlefield systems.
Quintessent has raised $40 million in an oversubscribed Series A round while beginning customer sampling of its single-chip quantum dot-based DWDM comb laser for AI data center optical interconnects.
ePlus has acquired the assets of Daymark Solutions, expanding its cloud, cybersecurity and modern data center capabilities while increasing its presence across New England.
Standard Metrics has raised $20 million in Series B funding led by 8VC as the AI-driven portfolio management platform expands its technology for venture capital and private equity firms. Salesforce Ventures, Spark Capital, January Capital, First Trust Capital Partners, Socii Capital, Kindergarten Ventures, Calm Ventures and Gaingels also participated.
Regent has agreed to acquire LG H&H's entire interest in The Avon Company, bringing Avon North America and Avon's international operations back under common ownership for the first time since 2016. The deal is expected to close September 1.
XPENG's robotics business has raised more than $900 million at a post-money valuation exceeding $6.3 billion, marking what the company says is the largest single-round private financing ever completed in China's embodied AI industry.
Barings has provided a $72.6 million loan to a joint venture between Cross Ocean Partners and Lincoln Property Company to finance the acquisition of 140 Kendrick Street in Needham, Massachusetts.
Shein is seeking to raise as much as $1.8 billion through its long-awaited Hong Kong initial public offering, valuing the fast-fashion company at as much as approximately $27 billion after years of efforts to reach the public markets, according to Bloomberg.
RPC has acquired the Peracidin product line from Angelini Pharma, expanding its portfolio of peroxyacetic and peracetic acid sterilants used across dialysis, water treatment and life science applications.
NexTech Solutions has acquired BOOMSLANG Aerospace, adding unmanned aerial systems and counter-UAS technology to its defense technology platform and marking its fifth acquisition since receiving a strategic investment from Clairvest in 2023.
nVent Electric has agreed to acquire Maverick Power for $1.75 billion upfront, with the transaction providing for up to another $550 million in cash based on performance metrics in 2027 and 2028, bringing potential total consideration to as much as $2.3 billion.
X-Caliber has closed an additional $131 million financing package for Phase II of Marcella Landing at Deer Valley East Village in Park City, Utah, bringing its total financing commitment to the luxury residential development to approximately $313.2 million.
RUM Group has entered into a six-year commercial agreement with an unaffiliated U.S.-based cloud customer covering approximately $13.7 billion of GPU services at the company's Maysville, Georgia data center site, which is currently under development.
Alibaba has launched a HK$80 billion ($10.2 billion) primary share placement to fund chips, AI infrastructure and models, marking the largest-ever follow-on offering of new shares by a Hong Kong-listed company, according to Reuters.
Redfaire has secured a €13 million minority investment from BGF to support the continued development of its business, workforce and technology services across the regions it serves.
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