Archives

LPL: Scott Gilliam And Travis Blessing Launch Align Private Wealth With $2 Billion In Assets

By Amit Chowdhry ● Yesterday at 8:22 PM

LPL Financial announced that financial advisors Scott Gilliam and Travis Blessing have launched a new independent wealth management firm, Align Private Wealth, through affiliation with LPL Financial’s broker-dealer and Registered Investment Advisor (RIA) platform. The team, which previously operated at PNC Private Bank, reported serving approximately $2 billion in advisory plan assets.

Cresset Onboards $1 Billion Wealth Advisor Ali Bathgate Hild

By Amit Chowdhry ● Yesterday at 8:21 PM

Cresset announced that Ali Bathgate Hild has joined the firm as a Managing Director in its Denver office, strengthening the firm’s capabilities in serving entrepreneurs, business owners, and ultra-high-net-worth families navigating liquidity events, wealth transitions, and multi-generational planning.

Sculptor Resets $400 Million CLO XXXII

By Amit Chowdhry ● Yesterday at 8:19 PM

Sculptor Capital Management announced the reset of Sculptor CLO XXXII, a $400 million collateralized loan obligation (CLO), marking the firm's second U.S. CLO reset completed in 2026.

Pathstone Expands Philadelphia Presence Through Combination With Mill Creek Capital

By Amit Chowdhry ● Yesterday at 8:15 PM

Pathstone announced that it has combined with Mill Creek Capital Advisors, effective June 1, 2026, expanding its presence in the Philadelphia region and strengthening its capabilities serving ultra-high-net-worth families, single-family offices, and institutions.

Opal Security Raises $23 Million And Expands Leadership Team

By Amit Chowdhry ● Yesterday at 7:24 PM

Opal Security, an AI-native access governance platform, announced a $23 million funding round and the appointment of five senior leaders as the company accelerates growth and expands its platform for governing human, service, and AI agent identities.

Franklin Templeton Launches YCLO, An Actively Managed Investment Grade CLO ETF

By Amit Chowdhry ● Yesterday at 7:23 PM

Franklin Templeton announced the launch of the Franklin BSP CLO ETF (YCLO), an actively managed exchange-traded fund designed to seek capital preservation and current income through investments primarily in investment-grade collateralized loan obligation (CLO) debt tranches across U.S. and European markets.

Tishman Speyer Raises $300 Million First Close For Korea Living Venture Focused On Seoul Rental Housing Market

By Amit Chowdhry ● Yesterday at 12:07 PM

Tishman Speyer announced the first close of its Korea Living Venture (KLV), securing $300 million in third-party equity commitments from European pension investors APG Asset Management and Bouwinvest. The fund is dedicated to acquiring, repositioning, and developing multifamily and accommodation properties across Seoul and other high-growth areas in South Korea.

CHR Group Acquires Rmoni And Andy To Expand Foodservice Software Platform

By Amit Chowdhry ● Yesterday at 11:44 AM

CHR Group, a European provider of digital food safety, compliance, and foodservice management software, announced the acquisitions of Rmoni and Andy as part of its strategy to establish itself as a leading digital partner for the foodservice industry.

Mesabi Metallics: $265 Million Royalty Deal Supports $2.5 Billion Minnesota Iron Ore Project

By Amit Chowdhry ● Yesterday at 11:43 AM

Mesabi Metallics announced that it has agreed to sell 50% of its royalty interest to The Metals Royalty Company Inc. (TMCR) for total consideration of $265 million, implying a valuation of more than $500 million for the royalty platform.

SOLAI: 51% Equity Stake Acquisition Of NEURALAND Expands Personal AI Infrastructure Strategy

By Amit Chowdhry ● Yesterday at 11:42 AM

SOLAI Limited, a technology-driven personal AI and digital infrastructure provider, announced it has completed its previously disclosed acquisition of a 51% equity stake in NEURALAND PTE. LTD., a Singapore-based company specializing in the design and manufacture of personal AI nodes.

DMD Systems Recovery Acquires Lifespan Technology To Expand Reuse First ITAD Platform Across North America

By Amit Chowdhry ● Yesterday at 11:41 AM

DMD Systems Recovery, a governance-focused IT asset disposition (ITAD) company and Certified B Corporation, announced the acquisition of Lifespan International, a technology lifecycle management and ITAD provider. The transaction brings together two companies focused on extending the useful life of retired technology assets while helping organizations improve data security, value recovery, reuse, and environmental outcomes.

Westmag Raises $11 Million Seed Funding To Build America’s Drone Motor And Robot Actuator Industry

By Amit Chowdhry ● Yesterday at 11:35 AM

Westmag, an American manufacturer of drone motors and robot actuators, announced that it has emerged from stealth with $11 million in seed funding led by Andreessen Horowitz, with participation from Founders Fund, Lux Capital, NFDG, Menlo Ventures, and other investors.

J.C. Flowers Acquires Monte Paschi Banque To Expand French Lending Platform

By Amit Chowdhry ● Yesterday at 11:33 AM

J.C. Flowers & Co., a private investment firm focused on the global financial services sector, announced the acquisition of Monte Paschi Banque SA, a French lending specialist that was previously the French subsidiary of Monte dei Paschi di Siena. Financial terms of the transaction were not disclosed.

Optilogic Launches Ada, An Agentic AI System For Supply Chain Design

By Amit Chowdhry ● Yesterday at 11:26 AM

Optilogic, an AI-first supply chain design and optimization platform, announced the general availability of Ada, an agentic AI system designed specifically for supply chain design. Unveiled at the company’s annual user conference, OptiCon, in Detroit, Ada is intended to help organizations model, analyze, optimize, and continuously redesign supply chains faster by automating many of the most complex and time-consuming tasks. I attended OptiCon and will put together an article about it soon.

Midnight Labs Raises Strategic Investment From Sony Innovation Fund To Expand AI-Powered IP Protection

By Amit Chowdhry ● Yesterday at 11:23 AM

Midnight Labs announced a strategic investment from Sony Innovation Fund to accelerate the expansion of its AI-powered intellectual property protection platform across the U.S., Japan, and broader Asia-Pacific region. The funding will support the growth of the company’s agentic Enforcement Engine, which is designed to combat piracy, deepfakes, and AI-generated infringement targeting entertainment, gaming, and content industries.

Valiant Solutions Acquires BreakPoint Labs To Expand Cyber Capabilities For National Security Missions

By Amit Chowdhry ● Yesterday at 11:21 AM

Valiant Solutions, a portfolio company of Bluestone Investment Partners and a provider of advanced cybersecurity technologies for U.S. federal and national security customers, announced the acquisition of BreakPoint Labs, a specialized cybersecurity company focused on AI-enabled cyber operations, adversarial threat emulation, red team operations, and modern DevSecOps capabilities.

AxisCare Secures Strategic Investment From LLR Partners To Accelerate AI-Powered Home Care Platform Growth

By Amit Chowdhry ● Yesterday at 11:20 AM

AxisCare, a provider of home care management software, announced a strategic investment from LLR Partners that will support continued product innovation and organizational expansion as the company scales its AI-powered platform for home care agencies.

Helion Raises $465 Million Series G Funding Round To Accelerate Commercial Fusion Power Deployment

By Amit Chowdhry ● Yesterday at 11:18 AM

Helion, a Washington-based fusion energy company, announced a $465 million Series G funding round to accelerate the commercial deployment of fusion energy, expand manufacturing capacity, and strengthen its ability to deliver clean electricity to customers. The financing values the company at $15.5 billion post-money and brings Helion’s total funding raised to date to $1.5 billion.

Red Metals Raises $10 Million To Reshore American Copper Refining And Build A New Supply Chain For Finished Copper Products

By Amit Chowdhry ● Yesterday at 11:16 AM

Red Metals, a next-generation copper manufacturer, announced it has raised $10 million in seed funding and plans to invest $70 million in a new production facility in Charleston, South Carolina. The project is expected to create at least 45 jobs during its initial phase and will support the company’s mission of reshoring copper refining and finished copper product manufacturing to the United States.

InCharge Energy Raises $46 Million To Expand Energy Solutions Platform Across North America

By Amit Chowdhry ● Yesterday at 11:16 AM

InCharge Energy, a provider of EV charging and energy infrastructure solutions, announced that it has raised $46 million in a strategic investment round led by S2G Investments, with participation from QIC. The funding will support the company's expansion beyond EV charging into broader energy infrastructure services, including electrical systems and distributed energy resources.

Government Leadership Solutions Acquires Workforce Development Firm Elevate USA

By Amit Chowdhry ● Yesterday at 11:14 AM

Government Leadership Solutions (GLS), a leadership consulting and workforce development firm serving local and state governments across the U.S., announced the acquisition of Elevate USA Inc., a provider of government training, executive coaching, leadership development, and workforce development solutions.

I-ON Digital: Gold Asset Tokenization Company Expands Portfolio Through Acquisition Of 20 U.S. Gold Mining Claims

By Amit Chowdhry ● Yesterday at 11:11 AM

I-ON Digital Corp. announced that it has entered into a binding Purchase and Assumption Agreement to acquire rights to 20 Bureau of Land Management (BLM) gold mining claims located in the southwestern United States. The acquisition is designed to expand the company's gold claims pipeline and support its strategy of building a digital asset infrastructure backed by ownership interests in gold-bearing mineral assets.

Cardinal Infrastructure Group Acquires Piedmont Pipe Construction To Expand Wet Utility Capabilities In Charlotte Market

By Amit Chowdhry ● Yesterday at 11:10 AM

Cardinal Infrastructure Group announced the acquisition of Piedmont Pipe Construction, a wet utilities provider serving North and South Carolina. Founded in 1999 and headquartered near Charlotte, North Carolina, Piedmont specializes in wet utility construction services. Following the transaction, Piedmont will operate under the Cardinal Civil Contracting brand.

Cross River Extends $250 Million Commitment To Support Figure’s Crypto-Backed Loans

By Amit Chowdhry ● Yesterday at 11:07 AM

Cross River, a technology infrastructure provider offering embedded financial solutions, announced a forward-flow agreement with Figure Technology Solutions that includes a commitment of up to $250 million in asset purchases to support Figure’s Crypto-Backed Loan product.

Suno Raises Over $400 Million In Series D Funding At $5.4 Billion Valuation For Music Creation Platform

By Amit Chowdhry ● Yesterday at 11:06 AM

Suno, an AI-powered music creation platform, announced that it has raised more than $400 million in a Series D funding round at a $5.4 billion post-money valuation. The round was led by Bond Capital and included participation from IVP, Forerunner, Union Square Ventures, Alkeon, Quiet, Matrix, Lightspeed, Menlo Ventures, and Schroders Capital. The new financing comes roughly six months after Suno's $250 million Series C round, which valued the company at $2.45 billion.

Palantir And Kirkland & Ellis Launch AI-Powered Platform To Transform Private Equity Fundraising

By Amit Chowdhry ● Yesterday at 10:51 AM

Palantir Technologies and Kirkland & Ellis announced the launch of a proprietary enterprise platform designed to modernize private equity fundraising through the use of artificial intelligence. The platform is part of a multiyear partnership expansion between the two organizations and is built on Palantir’s Artificial Intelligence Platform (AIP), creating a custom fund-formation engine that streamlines legal workflows, scales institutional knowledge, and supports fund-formation clients and investors throughout the fundraising lifecycle.

Walker & Dunlop Arranges $223 Million Bridge Financing For Southeast Multifamily Portfolio

By Amit Chowdhry ● Yesterday at 10:50 AM

Walker & Dunlop announced that it arranged more than $223 million in bridge financing for five multifamily communities across the Southeast on behalf of Madison Capital Group.

Redpoint Advisors Acquires VoxCroft Analytics To Expand AI-Powered Global Intelligence Capabilities

By Amit Chowdhry ● Yesterday at 10:49 AM

Redpoint Advisors, a global intelligence advisory firm, announced the acquisition of VoxCroft Analytics, the U.S. entity of South Africa-based VoxCroft. The transaction strengthens Redpoint’s capabilities in artificial intelligence, social listening, language analysis, and hyperlocal intelligence gathering, enhancing its ability to provide clients with deeper insight into political, security, and social dynamics around the world.

Ramp Raises $750 Million Series F At $44 Billion Valuation For Financial Operations Platform

By Amit Chowdhry ● Yesterday at 10:48 AM

Ramp announced a $750 million Series F financing round led by ICONIQ, GIC, and Ontario Teachers' Pension Plan, valuing the company at $44 billion. The new funding brings Ramp's total equity financing to more than $3 billion and will be used to accelerate investments in artificial intelligence capabilities for customers. New investors in the round include Goldman Sachs Alternatives, D.E. Shaw & Co., Morgan Stanley Investment Management, Generation Investment Management, Insight Partners, and BroadLight Capital, alongside participation from numerous existing backers.

Scotch Raises $20 Million Series A To Modernize Liquor Retail Operations

By Amit Chowdhry ● Yesterday at 10:46 AM

Scotch, an all-in-one operating platform built for liquor retailers, announced it has raised $20 million in Series A funding led by VMG Partners, with participation from First Round Capital, Lerer Hippeau, and Toba Capital. The Denver-based company has also surpassed a $1 billion annual run rate in gross payment volume and plans to use the new funding to accelerate product development, expand its engineering and go-to-market teams, and scale its AI-enabled operating system across the United States.