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Kennedy Wilson Announces Completion of Take-Private Transaction With Fairfax
BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Kennedy-Wilson Holdings, Inc. (“Kennedy Wilson” or the “Company”), a global real estate investment company, today announced the successful closing of the previously announced all-cash acquisition of Kennedy Wilson by Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”), William McMorrow, Chairman and CEO of Kennedy Wilson, and certain other senior executives of Kennedy Wilson (collectively with Mr. McMorrow, the “KW Management Group”) pursu
C1 Fund Inc. Issues Shareholder Letter and Provides First Half 2026 Corporate Update
PALO ALTO, Calif.--(BUSINESS WIRE)--C1 Fund Inc. Issues Shareholder Letter and Provides First Half 2026 Corporate Update
The Great Wealth Transfer Has Already Begun: MDT Identifies Key Risks, Challenges and Opportunities for Credit Unions in Latest Report
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--MDT released a whitepaper exploring what credit unions can do to retain relationships, relevance and assets in a multi-generational financial shift.
BlackRock Expands Digital Assets Offerings with Bitcoin Premium Income ETF
NEW YORK--(BUSINESS WIRE)--BlackRock today announced the launch of the iShares Bitcoin Premium Income ETF (Nasdaq:BITA), an exchange-traded product (ETP) designed to provide investors with bitcoin upside participation while generating monthly option premium. The iShares Trusts are not an investment company registered under the Investment Company Act of 1940, and therefore are not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1
Grant Thornton Advisors Standardizes MSSP Operations on CrowdStrike Falcon Complete, Replacing Legacy MDR with Agentic MDR
AUSTIN, Texas & CHICAGO--(BUSINESS WIRE)--CrowdStrike (NASDAQ: CRWD) and Grant Thornton Advisors LLC (Grant Thornton Advisors) today announced that Grant Thornton Advisors is standardizing its managed security services on the CrowdStrike Falcon® platform, anchored by Falcon® Complete through the Falcon Complete for Service Providers program. Building on this strategy, Grant Thornton Advisors is expanding its global security managed services capabilities – further demonstrating the continued evo
Conifer Infrastructure Partners Closes Oversubscribed Inaugural Fund at $900 Million
PITTSBURGH--(BUSINESS WIRE)--Conifer Infrastructure Partners closes oversubscribed Fund I at $900M, backed by endowments, pensions, foundations, and family offices.
State Street Investment Management Accelerates Digital and Tokenization Innovation with Launch of State Street Stablecoin Reserves Money Market Fund
BOSTON--(BUSINESS WIRE)--State Street Investment Management today announced the launch of the State Street Stablecoin Reserves Money Market Fund, a GENIUS Act-aligned registered Rule 2a-7 government money market fund designed specifically for the unique needs of stablecoin issuers. The Guiding and Establishing National Innovation for U.S. Stablecoins ("GENIUS") Act, passed into law by the United States Congress in July 2025, creates a clearer regulatory framework to utilize money market funds r
Integral Ad Science Launches Episode-Level Pre-Bid Optimization for Podcasts on and off Spotify via The Trade Desk
NEW YORK--(BUSINESS WIRE)--Integral Ad Science (IAS), a leading global platform that connects AI-powered media quality to real business outcomes, today announced a new episode-level pre-bid optimization solution for programmatic podcast audio and video as part of its strategic partnership with Spotify. Starting this month, leveraging IAS Context Control, advertisers can seamlessly apply episode-level contextual controls in The Trade Desk before a bid is placed, enhancing brand suitability, prot
Plaud Scales From $1M to $100M ARR Within Two Years, Bringing AI Beyond the Screen for Professionals
SAN FRANCISCO--(BUSINESS WIRE)--Plaud, the company building real-world AI interface for professionals, today announced it has scaled from $1M to $100M in ARR within two years, placing it among the fastest AI companies globally to reach the milestone. Plaud is the only hardware-enabled AI company in a cohort otherwise dominated by software-only players, and now serves more than 2 million professionals across 170+ countries. The fastest AI growth stories have, until now, belonged almost entirely
URLgenius Survey: Ahead of Prime Day, Creators Split Into Two Social Commerce Ecosystems
MADISON, Wis.--(BUSINESS WIRE)-- #AEO--As creators and brands gear up for Amazon Prime Day 2026 [June 23rd - 26th], new findings from URLgenius, the App-Open Standard for creators and marketers using patented deep linking technology, reveal that the creator economy is splitting into two distinct social commerce ecosystems and rapidly professionalizing around paid amplification and AI-powered workflow support on a compressed timeline, with 92% planning Prime Day content within four weeks of the event.
Divcon Expands Leadership Team, Workforce, Products to Support AI-Driven Hypergrowth of Data Center Infrastructure
DALLAS--(BUSINESS WIRE)--Divcon LLC, a leading independent provider of mission-critical Building Management System (BMS) and Electrical Power Monitoring System (EPMS) solutions, today announced the expansion of its leadership team to support continued growth, operational excellence, and product innovation across the rapidly growing data center market. As AI and cloud adoption accelerates demand for more efficient energy infrastructure, Divcon has reinvested in its people, processes, and platfor
LongRange Capital to Acquire Pizza Hut, Excluding Mainland China, from Yum! Brands
STAMFORD, Conn.--(BUSINESS WIRE)--LongRange Capital (“LongRange”), a private equity firm with a customer-centric and operationally-oriented approach to building and growing businesses, announced that it has entered into a definitive agreement to acquire Pizza Hut, excluding Mainland China, from Yum! Brands, Inc. (NYSE: YUM) (“Yum!”). Founded in 1958, Pizza Hut is a global restaurant leader with over 15,500 restaurants in 108 countries and approximately $10 billion in annual system-wide sales. F
Mantis Innovation Acquires E4E Solutions to Accelerate the Design and Implementation of Energy Efficiency Projects Across Client Portfolios
HOUSTON--(BUSINESS WIRE)-- #Acquisition--Mantis Innovation, a national leader in facility performance and energy efficiency consulting, today announced its acquisition of E4E Solutions, expanding its ability to design and deliver complex mechanical and energy efficiency projects from concept through implementation. This acquisition strengthens Mantis Innovation’s ability to execute across the full lifecycle of facility and energy initiatives, combining its expertise in building controls, energy efficiency, en
Morningstar Report Finds Semiliquid Fund Market Nears $600 Billion as Private Credit Loses Steam
CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today released “The State of Semiliquid Funds 2026,” highlighting a rapidly evolving market approaching $600 billion in assets that is entering a new phase as investor demand shifts and key risks become more apparent. The report finds that semiliquid, or “evergreen,” fund assets have more than doubled since 2022, following several years of growth fueled by private credit. More rece
Tru Cooperative Bank Selects DataVisor to Power Real-Time Fraud Prevention
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--DataVisor, the leading AI-powered fraud and AML platform, today announced that Tru Cooperative Bank (formerly First West Credit Union) has selected DataVisor’s AI-powered fraud and risk platform to protect members in real time across the banking journey. Delivered through DataVisor’s pre-integrated deployment with VeriPark’s VeriChannel digital banking platform, the solution brings seamless, out-of-the-box fraud protection to Tru’s digital banking environm
Pennymac Names AWS as Preferred Cloud Provider, Expanding Strategic Agreement to Deploy Enterprise-Grade AI and Commercialize its Servicing Platform
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac), one of America's leading U.S. mortgage lenders and servicers, is expanding its strategic agreement with Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), to accelerate its transformation into an AI-driven mortgage technology leader. Building on years of successful collaboration, Pennymac is now leveraging AWS’ generative AI capabilities to upgrade the mortgage applica
Kantata Launches Expertise Agent: The First AI Superagent Built for Professional Services
IRVINE, Calif.--(BUSINESS WIRE)--Kantata today introduced Expertise Agent, the industry’s first AI superagent, alongside new agentic capabilities in the Kantata Expertise Engine.
Sagewind Capital Adds Senior Operating Leader Across Its Defense and Government Technology Portfolio
NEW YORK--(BUSINESS WIRE)--Sagewind Capital (“Sagewind”), a defense and government technology-focused private equity firm, today announced the appointment of Dalia Khanafseh as Principal, Portfolio Operations. In this newly created role, Khanafseh will work directly alongside the leadership teams of Sagewind’s portfolio companies to support their growth and long-term success. “The missions our portfolio companies support have never been more consequential, and the pace of change in defense and
Uplift Investors’ Orion Legal MSO Forms Partnership with John Foy & Associates
DARIEN, Conn.--(BUSINESS WIRE)--Uplift Investors (“Uplift”), a middle-market private equity firm with a business model-centric focus on services investing, today announced that John Foy & Associates will become a co-founding partner of Orion Legal MSO (“Orion”), Uplift’s managed service organization (“MSO”) serving plaintiff law firms. The partnership supports the continued expansion of Orion’s national platform, building on its founding partnership with Dudley DeBosier Injury Lawyers, and
Global Credit Union selects NCR Atleos ATMs to support new Utqiaġvik branch in Alaska’s northernmost city
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Global Credit Union (“Global”) is deploying Atleos ATMs at its newly established branch in Utqiaġvik, Alaska, the northernmost city in the United States. The deployment supports Global’s presence in the North Slope region of the state and reflects the use of Atleos self‑service banking technology i
