Archives

EQT: €21 Billion Target Set for Infrastructure VII Fund

By Amit Chowdhry ● Jun 2, 2026

EQT announced that it has established a target fund size of €21 billion (approximately $24.5 billion) for its next infrastructure investment vehicle, EQT Infrastructure VII.

TIC Solutions Reprices $1.6 Billion First Lien Term Loan, Cuts Interest Costs

By Amit Chowdhry ● Jun 2, 2026

TIC Solutions announced that it has successfully completed the repricing of its approximately $1.6 billion First Lien Term Loan, lowering its borrowing costs while maintaining the existing maturity schedule and key credit agreement terms.

TaoWeave Invests $1 Million In Manako Labs To Expand Into Physical AI

By Amit Chowdhry ● Jun 2, 2026

TaoWeave announced its entry into the Physical AI market through an investment in Manako Labs and a preferred commercialization partnership covering North America. The move represents TaoWeave’s first operating investment in artificial intelligence and broadens the company’s strategy beyond digital asset treasury activities into AI deployment, commercialization, and recurring operating revenue.

Athennian Launches AI-Governed Platform For Private Markets

By Amit Chowdhry ● Jun 2, 2026

Athennian announced the launch of Athennian for Private Markets, a purpose-built AI-governed platform designed to help alternative asset managers centralize, manage, and scale legal entity data across tax, finance, legal, compliance, investor relations, and deal teams.

Liberty Puerto Rico Raises $200 Million And Enters New Revolving Credit Facility

By Amit Chowdhry ● Jun 2, 2026

Liberty Latin America announced that its Liberty Puerto Rico subsidiary has entered into two new financing agreements through existing unrestricted subsidiaries that are parties to its senior secured term loan credit facility maturing in 2030.

System1: Debt Exchange Transaction Cuts Total Debt By More Than $160 Million

By Amit Chowdhry ● Jun 2, 2026

System1 announced a comprehensive debt exchange transaction with all of its existing term loan and revolving credit facility lenders, significantly strengthening its balance sheet, reducing total indebtedness, and extending debt maturities through 2031.

Fried Frank Launches FundAssist AI Platform for Asset Management Practice

By Amit Chowdhry ● Jun 2, 2026

Fried Frank announced the launch of FundAssist, a proprietary AI-powered platform designed to enhance document search, drafting, and knowledge management capabilities across its asset management practice. The platform supports private fund formation, ongoing fund operations, and related transactions, reflecting the firm's broader strategy of integrating specialized artificial intelligence tools into legal services.

Corient Surpasses $500 Billion In Assets After Completing Two More Acquisitions

By Amit Chowdhry ● Jun 2, 2026

Corient announced the completion of its previously announced acquisitions of Stonehage Fleming and Stanhope Capital Group, a move that significantly expands the firm’s global footprint and positions it as the world’s largest non-bank wealth manager and multi-family office focused on ultra-high-net-worth and high-net-worth clients.

Dropbox: $900 Million Stock Repurchase Program Authorized Following New $400 Million Credit Facility

By Amit Chowdhry ● Jun 2, 2026

Dropbox announced that it has entered into a new senior secured revolving credit facility that provides up to $400 million in borrowing capacity, while also authorizing a new $900 million share repurchase program.

Northwest Bank Names Chad Ballard As Chief Information Officer

By Amit Chowdhry ● Jun 2, 2026

Northwest Bank announced that Chad Ballard has joined the company as Chief Information Officer, effective May 18, 2026. Reporting directly to President and CEO Louis Torchio and serving as a member of the executive leadership team, Ballard will oversee the bank’s information technology strategy and operations.

Nationwide Reaches Reinsurance Agreement With MassMutual On $16 Billion Universal Life Policy Block

By Amit Chowdhry ● Jun 2, 2026

Nationwide announced that it has reached an agreement with MassMutual to reinsure a block of fixed Universal Life insurance policies covering more than 30,000 policyowners. The transaction, which is expected to close in the second quarter of 2026, has a total face value of nearly $16 billion and will increase Nationwide Financial’s reserves by $6 billion.

Kirkland & Ellis To Spend $500 Million Building Proprietary AI Technology

By Amit Chowdhry ● Jun 2, 2026

Kirkland & Ellis, the world's highest-grossing law firm, has set aside $500 million to develop its own artificial intelligence platform, signaling one of the largest AI investments made by a law firm to date. The initiative is designed to create proprietary technology that captures and deploys the firm's institutional knowledge rather than relying solely on third-party AI tools available across the legal industry.

IFF: $4.3 Billion Sale Of Food Ingredients Business To CVC Advances Portfolio Transformation

By Amit Chowdhry ● Jun 2, 2026

IFF announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners in a transaction valuing the business at approximately $4.3 billion. The deal represents an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF will retain an approximately 10% minority equity interest in the business, valued at roughly $200 million, allowing the company and its shareholders to participate in future value creation while maintaining collaboration with the Food Ingredients business.

Isabella Ghassemi-Smith: An Interview With The Head Of Aurora Ventures and the Aurora Tech Award

By Amit Chowdhry ● Jun 2, 2026

Isabella (Bella) Ghassemi-Smith is a venture capital leader and ecosystem builder who heads Aurora Ventures and the Aurora Tech Award, initiatives backed by inDrive that support and invest in women entrepreneurs in emerging markets. Pulse 2.0 interviewed Ghassemi-Smith to learn more.

AtlasEdge Raises €1.2 Billion To Accelerate European Data Center Expansion

By Amit Chowdhry ● Jun 2, 2026

AtlasEdge announced that it has secured a €1.2 billion financing facility, the largest financing in the company's history, to support the expansion of its data center platform across Europe. The funding is intended to accelerate development in high-growth digital infrastructure markets, including Germany, Austria, and the Iberian region.

Apollo.io Adds Veteran Finance Executive Phil Moon As CFO To Support Enterprise Growth

By Amit Chowdhry ● Jun 2, 2026

Apollo.io, an AI-native go-to-market platform, announced the appointment of Phil Moon as Chief Financial Officer as the company continues its rapid growth and enterprise expansion efforts.

Cyient To Acquire TAO Digital To Expand AI-Native Data And Lifecycle Engineering Capabilities

By Amit Chowdhry ● Jun 2, 2026

Cyient announced that it has entered into a definitive agreement to acquire TAO Digital Solutions, an AI-native data and product engineering solutions firm headquartered in California. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close by the second quarter of fiscal year 2027.

Amazon Using Japan’s Shinkansen Bullet Trains To Accelerate Deliveries And Reduce Emissions

By Amit Chowdhry ● Jun 2, 2026

Amazon announced that it has begun using Japan’s iconic Shinkansen bullet trains to transport packages between its facilities, a move designed to shorten delivery times while reducing carbon emissions across its transportation network.

Intel Arc G-Series Processors Set A New Standard For Handheld PC Gaming

By Amit Chowdhry ● Jun 2, 2026

Intel announced the launch of its new Arc G-Series processor family, a lineup designed specifically for next-generation handheld gaming systems. The new processors, including the Arc G3 and Arc G3 Extreme models, are built on the architecture of Intel Core Ultra Series 3, codenamed Panther Lake, and are optimized to deliver high gaming performance, power efficiency, and extended battery life in portable gaming devices.

RTL Group Closes Sky Deutschland Acquisition, Creating Entertainment Business With 12.3 Million Subscribers

By Amit Chowdhry ● Jun 2, 2026

RTL Group announced that it has completed its acquisition of Sky Deutschland (DACH), officially closing the transaction on June 1, 2026. The deal, which was first announced in June 2025, received unconditional approval from the European Commission on April 22, 2026.

Screenvision Media Appoints Geoff Schiller As CEO To Lead Next Phase Of Growth

By Amit Chowdhry ● Jun 2, 2026

Screenvision Media announced the appointment of Geoff Schiller as Chief Executive Officer, effective June 8, 2026. Schiller succeeds Jeff Howe, who has served as interim CEO since January 2026. He will also join the company's Board of Directors.

VinDynamics Debuts Dyno Humanoid Robot At ICRA 2026 And Computex Taipei 2026

By Amit Chowdhry ● Jun 2, 2026

VinDynamics, a technology company under Vingroup, has officially unveiled its first humanoid robot, Dyno, at two of the world's leading technology events, the IEEE International Conference on Robotics and Automation 2026 in Vienna and Computex Taipei 2026. The debut marks a major milestone in VinDynamics' efforts to advance humanoid robotics technology while showcasing the research and development capabilities of Vietnamese engineers on the global stage.

Happy Money Crosses $7 Billion In Loan Originations And Appoints Tim Parsons As Chief Risk & Analytics Officer

By Amit Chowdhry ● Jun 2, 2026

Happy Money, a consumer finance company focused on helping borrowers achieve their financial goals, announced that it has surpassed $7 billion in cumulative loan originations. The company said it has helped more than 350,000 Americans pay down credit card debt while saving an estimated $1 billion in interest. Alongside this milestone, Happy Money appointed Tim Parsons as Chief Risk & Analytics Officer to support its next phase of growth.

Briya Appoints Professor Jonathan M. Samet As Chief Epidemiologist To Strengthen AI-Driven Clinical Research

By Amit Chowdhry ● Jun 2, 2026

Briya, a healthtech AI company focused on evidence-driven discovery for life sciences and medical research, announced the appointment of Professor Jonathan M. Samet, MD, MS, as Chief Epidemiologist. In this role, Samet will lead the integration of epidemiological methodology into Briya’s AIRE research engine, reinforcing the company’s efforts to combine artificial intelligence with rigorous scientific research practices.

MESCIUS USA Introduces Document Solutions for PDF JS To Expand JavaScript PDF Processing Capabilities

By Amit Chowdhry ● Jun 2, 2026

MESCIUS USA, a global provider of enterprise software development tools, announced the launch of Document Solutions for PDF JS, a new addition to its Document Solutions product line designed specifically for JavaScript developers. Introduced as part of the v9.1 release, the new JavaScript PDF API delivers core PDF document-processing capabilities, enabling developers to create, load, edit, and save PDF files directly within JavaScript applications.

BMNT Names Brian Miller President As Firm Expands Government Innovation Leadership Team

By Amit Chowdhry ● Jun 2, 2026

BMNT, a government innovation company focused on helping federal mission partners solve complex challenges, announced the promotion of Brian Miller to President and the elevation of John Petkosek and Tim Donoghue to Director roles as the company strengthens its leadership structure for continued growth.

Ixlayer Appoints Helmut Osorio As General Manager To Expand Direct-To-Patient Growth For Biopharma

By Amit Chowdhry ● Jun 2, 2026

ixlayer, a cloud-based platform for end-to-end direct-to-patient (DTP) healthcare, announced the appointment of Helmut Osorio as General Manager. Osorio joins the company as pharmaceutical organizations increasingly seek more measurable and effective ways to connect with patients throughout the healthcare journey, from awareness through treatment and care access.

Defiance: QTUM Surpasses $5 Billion In Assets Amid Federal Quantum Computing Investment Push

By Amit Chowdhry ● Jun 2, 2026

Defiance ETFs announced that its flagship quantum computing fund, the Defiance Quantum Computing ETF (QTUM), has surpassed $5 billion in assets under management, marking a significant milestone for the first and largest U.S.-listed ETF dedicated to quantum computing. The achievement coincided with the Trump administration’s announcement of an approximately $2 billion federal funding initiative aimed at accelerating the development of U.S. quantum computing companies.

Municipal Data & Power Launches $4 Billion National RFP For Inaugural Harvest Grid & Power Site

By Amit Chowdhry ● Jun 2, 2026

Municipal Data & Power (MDP) announced the launch of a national request for proposals (RFP) inviting cities, counties, and states across the United States to compete to host its planned $4 billion inaugural Harvest Grid & Power Site infrastructure development project.

GPGPT: AI Platform Launches For Venture Capital And Private Equity Investors

By Amit Chowdhry ● Jun 2, 2026

GPGPT announced the general availability of its AI platform purpose-built for venture capital and private equity professionals. Designed specifically for private-market investing workflows, the platform helps investors analyze deals, prepare investment memos, monitor portfolio companies, and leverage firm-specific knowledge and documents to support investment decisions.