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Fidelity: Two Fixed Income Municipal Bond ETFs Launched

By Amit Chowdhry ● Apr 9, 2025

Fidelity Investments announced the launch of two fixed income ETFs: Fidelity Municipal Bond Opportunities ETF (FMUB) and Fidelity Systematic Municipal Bond Index ETF (FMUN).

Solu Therapeutics: $41 Million (Series A) Raised For Developing Therapies To Eliminate Disease-Driving Cells

By Amit Chowdhry ● Apr 9, 2025

Solu Therapeutics, a biotechnology company pioneering therapies to eliminate disease-driving cells in cancer, immunology, and other therapeutic areas, announced the completion of a $41 million Series A financing that included participation from five new investors – Eli Lilly and Company, Biovision Ventures, Pappas Capital, Hengdian Group Capital (HgC), and The Leukemia & Lymphoma Society Therapy Acceleration Program along with continued support from existing Solu investors Longwood Fund, DCVC Bio, Santé Ventures, Astellas Venture Management, and Alexandria Venture Investments.

Dunmor: $150 Million Raised For Residential Real Estate Investment Loan Platform

By Amit Chowdhry ● Apr 9, 2025

Dunmor, a provider of bridge, fix and flip, ground-up construction and DSCR rental loans for real estate developers across the United States, announced a series of achievements marking its momentum this year. These achievements include reaching a new milestone of $150 million in funding, the appointment of Jim Cooper, executive vice president of capital markets, a license to operate in Arizona, a broker portal, and soon a license to operate in Nevada and a new office in Irvine, California.

Office Ally: Funding Raised From New Mountain Capital And Francisco Partners

By Amit Chowdhry ● Apr 9, 2025

Office Ally, a healthcare technology company providing a comprehensive suite of cloud-based clearinghouse and software solutions to a national network of healthcare providers, partners, and health plans, announced a strategic growth investment from New Mountain Capital (a growth-oriented investment firm with over $55 billion in AUM). Francisco Partners, which originally invested in Office Ally in 2021, will also reinvest with management.

Haball: $52 Million Secured For Supply Chain Financing Platform

By Amit Chowdhry ● Apr 9, 2025

Haball, which is Pakistan’s leading supply chain financing and payments fintech, announced it has raised a $52 million pre-Series A funding round comprising equity investment and a strategic financing allocation. The funding round’s equity component of $5 million was led by Pakistan-based VC firm Zayn VC. And other investors included Majlis Advisory SPV; several leading private investors in KSA; angel investors, and a business conglomerate. The strategic financing component ($47 million) was provided by Meezan Bank Limited, Pakistan’s first and largest Islamic bank, rated AAA/A-1+.

Andros Capital Partners: Third Energy Fund Closed At $1 Billion

By Amit Chowdhry ● Apr 9, 2025

Andros Capital Partners announced the closing of Andros Energy Capital III at its $1 billion hard cap. Fund III is the latest Andros flagship fund focused on private equity investments, credit opportunities, and direct asset-level investments across the energy value chain.

Excelsior Energy Capital: Fund II Closed At $1 Billion

By Amit Chowdhry ● Apr 9, 2025

Excelsior Energy Capital, an independent North American renewable energy investor, announced the final close of Excelsior Renewable Energy Investment Fund II, LP (Fund II). With total capital commitments of just over $1 billion, Fund II surpasses its original $750 million target. Fund II will continue Excelsior’s strategy of investing equity in solar, energy storage, wind, and other energy transition projects across the US.

LPL To Support $16 Billion Broker-Dealer Team Of First Horizon Bank

By Amit Chowdhry ● Apr 9, 2025

LPL Financial announced an agreement with First Horizon Bank, First Horizon's banking subsidiary, to expand its wealth management capabilities and solutions by transitioning support of First Horizon Advisors' broker-dealer and investment advisory services to LPL and its Institution Services platform.