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Align Capital Partners Hits Hard Cap for Two New Funds Totaling More Than $1.1 Billion

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners (“Align” or the “Firm”) is pleased to announce the simultaneous closings of its fourth private equity fund, Align Capital Partners Fund IV, LP (“ACP IV”) and second independent sponsor focused fund, Align Collaborate Fund II, LP (“Collaborate II”). Align began fundraising in April 2026 and had a final close on June 15, reaching $770 million in commitments for ACP IV and $375 million in commitments for Collaborate II. The Align team is

Local Express Names Ryan Webb First Vice President of Marketing to Power Next Stage of AI-driven Grocery Ecommerce Growth

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
GLENDALE, Calif.--(BUSINESS WIRE)-- #LocalExpress--Ryan Webb will lead marketing and demand generation, helping retailers activate the value of Local Express’ unified AI first commerce platform.

Options Now Trading on SPAX, Giving Traders Leveraged, Optionable Exposure to SpaceX

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
MIAMI--(BUSINESS WIRE)--REX Shares ("REX") and Tuttle Capital Management ("TCM") today announce that listed options are now available on the T-REX 2X Long SpaceX Daily Target ETF (NYSE Arca: SPAX), giving traders an additional way to express tactical views on one of the most closely watched names in the public market. SPAX is designed to deliver 200% of the daily stock price performance of Space Exploration Technologies Corporation (Nasdaq: SPCX), before fees and expenses. With options now list

My State MLS Simplifies Broker, Agent Access to HouseCanary-Powered National Listing Program

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
NORTH PALM BEACH, Fla.--(BUSINESS WIRE)-- #comehome--My State MLS members can add listings to the program for enhanced broker/agent branding in Google mobile search, powered by HouseCanary.

Glean Expands Financial Services MCP Ecosystem to Bring Trusted Market Intelligence Into Enterprise Context

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Enterprise AI leader Glean today announced an expanded financial services MCP ecosystem with leading market and financial intelligence providers including CB Insights, Crunchbase, Daloopa, FactSet, and S&P Global. These integrations help financial services teams bring trusted third-party data into governed AI workflows grounded in the enterprise context they rely on every day. Financial services teams increasingly need AI that works across their full

Leonard Green & Partners to Acquire Cumming Group, a Leading Pure-Play Project and Cost Management Platform, From New Mountain Capital

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Leonard Green & Partners, L.P. (“LGP”) today announced it has completed the acquisition of Cumming Group (“Cumming” or the “Company”), the leading independent pure-play provider of project management (“PM”) and cost management (“CM”) advisory services, from New Mountain Capital (“New Mountain”). Financial terms of the transaction were not disclosed. Cumming is a premier advisory platform to the built environment, providing project and cost management

Pegasus Tech Ventures and CYBERDYNE Launch 10 Billion Japanese Yen Corporate Venture Capital Fund to Accelerate “HCPS Cybernics with Physical AI”

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
SAN JOSE, Calif.--(BUSINESS WIRE)---- $TYO #CVC--Pegasus Tech Ventures, a Silicon Valley–based global venture capital firm and leading provider of Venture Capital-as-a-Service (VCaaS) solutions, today announced the launch of a JPY 10 billion (US $60M) Corporate Venture Capital (CVC) fund in partnership with CYBERDYNE, Inc., a leading company in the field of Cybernics that fuses bio/medical systems with AI-robotics and information technologies. Pegasus Tech Ventures will serve as the General Partner of the fu

Payfinia Selected for Circuit Accelerator Program to Pioneer Next-Generation Embedded Payment Services for Credit Unions

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
PORTLAND, Ore.--(BUSINESS WIRE)-- #CreditUnions--Payfinia selected for credit union fintech accelerator designed to validate solutions, launch pilot programs, and build strategic partnerships.

Economic Club of Dallas Appoints Luisa del Rosal as Executive Director

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
DALLAS--(BUSINESS WIRE)--The Economic Club of Dallas (ECD) today announced the appointment of Luisa del Rosal as its new Executive Director. A dynamic leader with two decades of experience spanning public policy, international affairs, nonprofit leadership, higher education, and government, del Rosal brings a rare combination of strategic vision and operational excellence to one of the region’s most prestigious forums for global business leadership. Del Rosal joins ECD from Southern Methodist U

Iterable Achieves Validated Partner Status with Databricks and Joins CustomerLake as a Launch Partner

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
SAN FRANCISCO--(BUSINESS WIRE)-- #Iterable--Iterable achieves Databricks Validated Partner status and joins CustomerLake as a launch partner for lakehouse-native, real-time customer engagement.

VegaShares Announces Launch of the VegaShares SpaceX & Beyond Earth ETF (XSPC)

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
NEW YORK--(BUSINESS WIRE)--VegaShares (“Vega”), a leading derivatives- and thematic-focused ETF provider, announced the launch of the VegaShares SpaceX & Beyond Earth ETF (Nasdaq: XSPC). The ETF seeks long-term capital appreciation by investing in companies commercializing space and the artificial-intelligence infrastructure that increasingly depends on it. Exposure spans the full orbital stack: the launch and exploration providers opening cislunar space, the satellite networks extending co

Blue Cross Blue Shield Plans’ Administrative Expense in 2025

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
PHILADELPHIA--(BUSINESS WIRE)--Blue Cross Blue Shield Plans’ per member administrative costs grew by 0.3% in 2025 versus 5.6% in 2024. This was the lowest since the effects of Covid adaptation in 2021. Growth in costs for the cluster of Account and Membership Administration, at 1.1%, was the slowest growth since 2016. Median PMPM costs for all reporting Plans were $51.50 PMPM versus $51.90 PMPM last year. At 8.1% of premium equivalents, health plan administrative costs are the lowest in 20 year

Datavault AI Dream Bowl I Meme Coin to List on Biconomy Exchange June 23, 2026

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
PHILADELPHIA--(BUSINESS WIRE)---- $DVLT #Biconomy--Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ: DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset (‘RWA’) tokenization technologies, today announced that its Dream Bowl I meme coin, a commemorative digital collectible tied to the Dream Bowl XIV, which Datavault AI previously announced was anticipated for listing on the Biconomy exchange (“Biconomy”), is expected to begin trading as early as June 23, 2026,

Cendry Capital Launches Aerospace and Defense Platform Anchored by Rotorcraft Manufacturer VAERO

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
PHILADELPHIA--(BUSINESS WIRE)--Cendry Capital Launches New Investment Group with Anchor Aerospace & Defense Portfolio Company

SageSpring Wealth Partners Welcomes Five New Equity Partners

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
FRANKLIN, Tenn.--(BUSINESS WIRE)--SageSpring Wealth Partners is pleased to announce the addition of five new equity partners, reflecting the firm’s continued commitment to building ownership from within and aligning long-term leadership across the organization. The following individuals have become Partners at the firm: Chase Keen, CFP®, Senior Vice President Daniel Peterman, CFP®, Senior Executive Vice President Jason Plunkett, CFP®, Senior Vice President Ryan Terry, CFP®, Senior Vice Presiden

D.A. Davidson Advises Elektrik on Significant Growth Investment from Lead Edge Capital

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
NEW YORK--(BUSINESS WIRE)--D.A. Davidson & Co. today announced that it served as exclusive financial advisor to Elektrik, the leading procurement platform for sourcing critical electrical infrastructure components and a portfolio company of Album VC, on its significant growth investment from Lead Edge Capital, a growth equity firm investing in software, internet, and tech-enabled businesses globally.Elektrik combines specialized product expertise, real-time sourcing across a deep network of

Korn Ferry to Report Quarterly Earnings via Live Webcast on June 23, 2026

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE:KFY) today announced that the firm will release financial results for the fourth quarter of full fiscal year 2026 (ended April 30, 2026) on Tuesday, June 23, 2026. A press release will be issued before the market opens on Tuesday, June 23, 2026, followed by a live webcast at 12:00 pm EST. What:   Korn Ferry to Report Q4 FY2026 Earnings Investor Live Webcast   When:   12:00 pm EST on Tuesday, June 23, 2026.   Where:   Live audio webcast and accompan

Jackson Grants More Than $675,000 to Support Nonprofits Serving Lansing, Nashville and Chicago

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) today announced it has awarded more than $675,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. The 33 grants will support the essential work of nonprofit organizations in each location, including programs focused on enhancing access to food, health and housing; reducing food insecurity through a unique grocery store experience; and d

OnePoint BFG Wealth Partners Earns Three Finalist Honors at the 2026 Wealth Management Industry Awards

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
PARSIPPANY, N.J.--(BUSINESS WIRE)-- #clientfirst--OnePoint BFG, a wealth advisory and financial planning firm, announced it has been named a finalist in 3 categories at the 2026 "Wealthies" Awards

CVLT Shareholder Alert: Commvault Systems, Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky

Lastest from Businesswire - Tue, 06/16/2026 - 11:52
NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP examines the adequacy of Commvault Systems, Inc.'s (NASDAQ: CVLT) risk disclosures during the period from April 29, 2025 through January 26, 2026. A securities class action has been filed in the United States District Court for the District of New Jersey on behalf of stockholders who suffered losses. Find out if you qualify to recover your investment losses. You may also contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or (212) 363-7500

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