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Runway Growth Capital Appoints Michael Rovner As Co-CEO And Co-CIO

By Amit Chowdhry ● Aug 7, 2026

Runway Growth Capital has appointed Michael Rovner as Co-Chief Executive Officer and Co-Chief Investment Officer, adding a veteran growth lending and private credit investor to its leadership team.

Paul Weiss Adds Life Sciences Transactions Partner Ian Edvalson In San Francisco

By Amit Chowdhry ● Aug 7, 2026

Paul, Weiss, Rifkind, Wharton & Garrison has added Ian Edvalson as a partner in its Corporate Department in San Francisco, strengthening the firm’s life sciences transactions and intellectual property capabilities. Edvalson focuses on transactions involving public and private biopharmaceutical, medical technology and other life sciences companies.

RBC Clearing & Custody Appoints Larry Agin As Business Development Manager

By Amit Chowdhry ● Aug 7, 2026

RBC Clearing & Custody has appointed Larry Agin as Business Development Manager as the company expands its business development organization supporting independent broker-dealers and registered investment advisors.

Allworth Financial Acquires $1.1 Billion Firm Sachetta And Arthur Stein Financial

By Amit Chowdhry ● Aug 7, 2026

Allworth Financial has acquired Sachetta, a Massachusetts-based wealth and tax advisory firm with approximately $1.1 billion in assets under management. And Allworth also announced the acquisition of Arthur Stein Financial, a Bethesda, Maryland-based registered investment advisor specializing in comprehensive financial planning for federal employees and retirees.

Meta Launches Muse Spark 1.2 And Muse Code Coding Agent With 1 Million-Token Context Window

By Amit Chowdhry ● Aug 7, 2026

Meta has released Muse Spark 1.2 and an early beta of Muse Code, its first purpose-built coding agent designed for long-running, multi-agent software development workflows.

Raymond James Onboards $1.1 Billion Team The Carlson Group

By Amit Chowdhry ● Aug 7, 2026

Raymond James has added a four-advisor team that previously managed approximately $1.1 billion in client assets at Baird. Financial advisors Kurt Carlson, Kenneth Breaden, Cassidy Carlson and Brian Koble have joined Raymond James & Associates, the company’s employee advisor channel. The group will operate as The Carlson Group of Raymond James in Cranberry Township, Pennsylvania.

Fiduciary Trust International Appoints Suhaib Bingaradi As Relationship Manager In New York

By Amit Chowdhry ● Aug 7, 2026

Fiduciary Trust International has appointed Suhaib Bingaradi as a Relationship Manager at its New York headquarters as the Franklin Templeton subsidiary continues expanding its presence in the region.

Kestra Appoints Kristan Garner As Head Of Client Service And John Milligan As Head Of Operations

By Amit Chowdhry ● Aug 7, 2026

Kestra Financial has appointed Kristan Garner as Head of Client Service and John Milligan as Head of Operations as the wealth management platform continues expanding its operational and client experience capabilities. The appointments support both Kestra Financial and its breakaway-advisor channel, Kestra Private Wealth Services. Garner will oversee advisor service, technology solutions and account services.

Greenstone Biosciences Receives NIH Grant To Develop Cardiac Fibrosis Treatments For Duchenne Muscular Dystrophy

By Amit Chowdhry ● Aug 7, 2026

Greenstone Biosciences has received a Catalyze R61 award from the National Heart, Lung, and Blood Institute to support the discovery of new drug candidates targeting myocardial fibrosis and dilated cardiomyopathy in Duchenne muscular dystrophy. The National Heart, Lung, and Blood Institute is part of the National Institutes of Health.

Prime Capital Financial Secures $600 Million Carlyle Investment At More Than $1.8 Billion Enterprise Value

By Amit Chowdhry ● Aug 7, 2026

Prime Capital Financial has entered a strategic partnership with Carlyle through an approximately $600 million hybrid capital solution that includes a minority ownership investment in the independent wealth management firm.