Archives

Faro AI Raises $37.3 Million Series B As Platform Reaches 6 Of World’s 10 Largest Pharma Companies

By Amit Chowdhry ● Aug 27, 2026

Faro AI has raised $37.3 million in Series B funding to expand its agentic AI platform for clinical development, as pharmaceutical companies increasingly turn to artificial intelligence to improve clinical trial design and execution. Merck Global Health Innovation Fund and S32 co-led the financing. Existing investors General Catalyst, Northpond Ventures, Polaris Partners, PTX Capital and Zetta also participated, alongside new investor Ankona Capital.

Instinct Raises $250 Million At $2.5 Billion Valuation As AI Assistant Goes Viral In Silicon Valley

By Amit Chowdhry ● Aug 27, 2026

Instinct, an AI assistant developed by Spear Street Technology, is raising $250 million in Series B funding at a $2.5 billion valuation as the product gains traction among Silicon Valley technologists, according to a Wall Street Journal report. The round is being co-led by Index Ventures and Benchmark.

Voya Energy Raises $35 Million Series A As Metal Fuel System Targets 100 MW And 10 GWh Per Acre

By Amit Chowdhry ● Aug 27, 2026

Voya Energy has raised $35 million in Series A funding and unveiled an aluminum-based metal fuel system designed to provide large-scale electricity without combustion or dependence on the utility grid.

Nuveen: CPACE Lending Fund IV Tops $1 Billion First Close As Series Commitments Reach $3 Billion

By Amit Chowdhry ● Aug 27, 2026

Nuveen and Nuveen Green Capital have completed a first close exceeding $1 billion for Nuveen CPACE Lending Fund IV, bringing total commitments across the four-vintage fund series to approximately $3 billion since the strategy launched in 2023.

NTT DATA To Acquire Netgain, Creating Sweden’s Largest Pure-Play ServiceNow Company

By Amit Chowdhry ● Aug 27, 2026

NTT DATA has agreed to acquire Netgain AB and combine it with The Cloud People, creating what the company describes as Sweden's largest pure-play ServiceNow business. The acquisition is expected to close within weeks, subject to customary regulatory approvals and other closing conditions.

Arintra Raises $25 Million Series B As AI Revenue Platform Processes $5 Billion In Annual Claims

By Amit Chowdhry ● Aug 27, 2026

Arintra has raised $25 million in Series B funding to expand its AI-powered healthcare revenue assurance platform, bringing the company's total funding since inception to $51 million.

Swvl Raises $13 Million PIPE Led By Sawiris-Backed Coefficient As U.S. Expansion Begins

By Amit Chowdhry ● Aug 27, 2026

Swvl Holdings has entered into a definitive agreement for a $13 million private placement led by Coefficient, an investment firm backed by the Sawiris family, providing the mobility technology company with additional capital to accelerate its U.S. expansion, introduce new financial products and strengthen its balance sheet.

H.I.G. Capital Invests In HBK As Accounting And Wealth Firm Gains First Institutional Partner

By Amit Chowdhry ● Aug 27, 2026

H.I.G. Capital has made a strategic growth investment in HBK, becoming the accounting, tax, technology and wealth management firm's first institutional investor. The deal is expected to close during the fourth quarter of 2026, subject to customary closing conditions.

Perma-Pipe Secures Up To $139 Million Global Credit Facility From J.P. Morgan

By Amit Chowdhry ● Aug 27, 2026

Perma-Pipe International Holdings has closed a new global credit facility with J.P. Morgan providing up to $139 million of total financing capacity, giving the engineered piping and infrastructure company additional flexibility to support working capital, international expansion, and strategic investments.

Mountain Ridge Capital Provides $15 Million Senior Secured Facility For 70+ Store Apparel Retail Acquisition

By Amit Chowdhry ● Aug 27, 2026

Mountain Ridge Capital has closed a $15 million senior secured credit facility supporting the acquisition of an apparel retailer with more than 70 stores.

Perion Acquires PRN For Up To $12 Million, Adding In-Store Media Across Thousands Of Retail Locations

By Amit Chowdhry ● Aug 27, 2026

Perion has acquired in-store retail media company PRN for up to $12 million in cash, expanding its digital out-of-home and retail media capabilities across major North American retailers.

PGIM Adds Lucas Radal From Mubadala To Lead Middle East Secondaries As Credit Strategy Targets $1 Billion

By Amit Chowdhry ● Aug 27, 2026

PGIM has appointed Lucas Radal as Head of Middle East Secondary Investments for Montana Capital Partners, expanding the firm's private markets secondaries platform into the region and strengthening its ability to source transactions and build relationships with Middle Eastern investors.

REGENT Raises $240 Million Series B To Scale Seaglider Production

By Amit Chowdhry ● Aug 27, 2026

REGENT Craft has raised $240 million in Series B financing to move its Seaglider platform into full-scale manufacturing.

LPL Financial Adds Jonathan Lewis From Wells Fargo As Chief Technology And Information Officer

By Amit Chowdhry ● Aug 27, 2026

LPL Financial has appointed Jonathan Lewis as Managing Director and Chief Technology and Information Officer as the approximately $2.6 trillion wealth management platform continues expanding its investments in artificial intelligence, digital infrastructure and advisor technology.

Gallagher Adds Michael Robinson From Aegon As Head Of UK Defined Contribution Investment

By Amit Chowdhry ● Aug 27, 2026

Gallagher has appointed Michael Robinson as Head of Defined Contribution Investment for its Benefit & HR Consulting division in the U.K., strengthening the firm's investment capabilities as pension schemes face increasing pressure around scale, value, diversification and retirement outcomes.

Blank Rome Adds Tarek Abdalla From Jones Day To Co-Lead Construction And Infrastructure Practice

By Amit Chowdhry ● Aug 27, 2026

Blank Rome has added Tarek F. Abdalla as a partner and appointed him Co-Chair of its Construction & Infrastructure practice alongside Patrick D. Harder, strengthening the firm's capabilities across major construction, energy and infrastructure projects.

Alston & Bird Names Bill Jordan Managing Partner As Richard Hays Plans 2027 Transition

By Amit Chowdhry ● Aug 27, 2026

Alston & Bird's partners have selected William H. "Bill" Jordan to become Managing Partner beginning in January 2027, setting up a major leadership transition at the law firm after nearly two decades under Richard Hays.

Carey Olsen Promotes Laura Kearns To Partner In Bermuda Trusts And Private Wealth Practice

By Amit Chowdhry ● Aug 27, 2026

Carey Olsen has promoted Laura Kearns to partner within its trusts and private wealth practice in Bermuda, strengthening the firm's senior capabilities across trust structuring, estate planning and private client advisory work.

Quaise Energy Raises $180 Million Series B To Build First Superhot Geothermal Plant

By Amit Chowdhry ● Aug 27, 2026

Quaise Energy has closed a $180 million Series B financing round, including a $35 million strategic investment from Nabors Industries, bringing the geothermal technology company's total funding to $280 million. The financing will support Project Obsidian, which Quaise describes as the world's first commercial superhot geothermal power plant.

Socure Secures Growth Investment At $5.2 Billion Valuation And Acquires Fravity As ARR Reaches $364 Million

By Amit Chowdhry ● Aug 27, 2026

Socure has secured a strategic growth investment valuing the identity and risk intelligence company at $5.2 billion and is also acquiring Fravity, an agentic fraud and compliance operations platform.

Core Scientific Secures $600 Million Credit Facilities From Morgan Stanley, JPMorgan, Goldman Sachs And TD

By Amit Chowdhry ● Aug 27, 2026

Core Scientific has secured $600 million of committed senior secured credit facilities designed to increase financial flexibility as the digital infrastructure company expands its high-density colocation business. The financing consists of a $100 million revolving credit facility and a $500 million letter of credit facility.

Avaloq Names Nidhi Singh Chief Product And Development Officer As Wealth Technology Roadmap Advances

By Amit Chowdhry ● Aug 27, 2026

Avaloq has appointed Nidhi Singh as Chief Product and Development Officer and a member of its Group Executive Board, effective September 7, strengthening the company's senior leadership across product strategy, engineering and technology development.

Future Fund CEO Raphael Arndt To Step Down As Assets Reach A$356 Billion

By Amit Chowdhry ● Aug 27, 2026

Raphael Arndt will step down as Chief Executive Officer of Australia's Future Fund at the end of 2026 and return to the private sector, marking the end of a lengthy leadership tenure at the country's sovereign wealth fund, according to Reuters.

Star Mountain Capital Adds Adam Fitzner As Managing Director To $5 Billion Private Markets Platform

By Amit Chowdhry ● Aug 27, 2026

Star Mountain Capital has appointed Adam Fitzner as Managing Director and Strategic Portfolio Partner, adding more than 30 years of private equity, restructuring, and operating experience to the approximately $5 billion alternative asset manager.

Mayer Brown Adds Justin Hewett To Expand Leveraged Finance And Private Credit In Houston

By Amit Chowdhry ● Aug 27, 2026

Mayer Brown has added Justin Hewett as a partner in its Global Leveraged Finance and Private Capital Group in Houston, continuing the firm's expansion of its Texas finance practice and strengthening its capabilities across private credit and complex lending transactions. Hewett joins Mayer Brown from DLA Piper.

Archives

Faro AI Raises $37.3 Million Series B As Platform Reaches 6 Of World’s 10 Largest Pharma Companies

Instinct Raises $250 Million At $2.5 Billion Valuation As AI Assistant Goes Viral In Silicon Valley

Voya Energy Raises $35 Million Series A As Metal Fuel System Targets 100 MW And 10 GWh Per Acre

Nuveen: CPACE Lending Fund IV Tops $1 Billion First Close As Series Commitments Reach $3 Billion

NTT DATA To Acquire Netgain, Creating Sweden’s Largest Pure-Play ServiceNow Company

Arintra Raises $25 Million Series B As AI Revenue Platform Processes $5 Billion In Annual Claims

Swvl Raises $13 Million PIPE Led By Sawiris-Backed Coefficient As U.S. Expansion Begins

H.I.G. Capital Invests In HBK As Accounting And Wealth Firm Gains First Institutional Partner

Perma-Pipe Secures Up To $139 Million Global Credit Facility From J.P. Morgan

Mountain Ridge Capital Provides $15 Million Senior Secured Facility For 70+ Store Apparel Retail Acquisition

Perion Acquires PRN For Up To $12 Million, Adding In-Store Media Across Thousands Of Retail Locations

PGIM Adds Lucas Radal From Mubadala To Lead Middle East Secondaries As Credit Strategy Targets $1 Billion

REGENT Raises $240 Million Series B To Scale Seaglider Production

LPL Financial Adds Jonathan Lewis From Wells Fargo As Chief Technology And Information Officer

Gallagher Adds Michael Robinson From Aegon As Head Of UK Defined Contribution Investment

Blank Rome Adds Tarek Abdalla From Jones Day To Co-Lead Construction And Infrastructure Practice

Alston & Bird Names Bill Jordan Managing Partner As Richard Hays Plans 2027 Transition

Carey Olsen Promotes Laura Kearns To Partner In Bermuda Trusts And Private Wealth Practice

Quaise Energy Raises $180 Million Series B To Build First Superhot Geothermal Plant

Socure Secures Growth Investment At $5.2 Billion Valuation And Acquires Fravity As ARR Reaches $364 Million

Core Scientific Secures $600 Million Credit Facilities From Morgan Stanley, JPMorgan, Goldman Sachs And TD

Avaloq Names Nidhi Singh Chief Product And Development Officer As Wealth Technology Roadmap Advances

Future Fund CEO Raphael Arndt To Step Down As Assets Reach A$356 Billion

Star Mountain Capital Adds Adam Fitzner As Managing Director To $5 Billion Private Markets Platform

Mayer Brown Adds Justin Hewett To Expand Leveraged Finance And Private Credit In Houston

Sumitomo Offers $582 Million For FleetPartners As 4-Way Takeover Battle Escalates

Authentic Acquires Majority Stake In OVO As Drake Retains Significant Ownership And Creative Role

Katten Adds Genevieve Weiner From Sidley Austin As Los Angeles Restructuring Partner

Simpson Thacher Adds Jessica Cooney As Boston M&A Partner As Deal Value Since 2020 Nears $2 Trillion

Squire Patton Boggs Adds Oksana Lashko As National Co-Chair Of Creditors’ Committee Practice