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KNAV Announces Follow-on Investment from NKSquared to Accelerate Global Expansion

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
ATLANTA & MUMBAI, India--(BUSINESS WIRE)-- #AI--KNAV announced today a follow-on investment from NKSquared, the US-based investment firm of Nikhil Kamath, investor and entrepreneur.

Private Markets Firms Face SPV Execution Pressure as LP Demands Rise

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
WILMINGTON, Del.--(BUSINESS WIRE)--As private markets firms navigate a more challenging fundraising and exit environment, limited partners (LPs) are demanding greater transparency, stronger governance rights, and more flexible SPV arrangements from fund managers. In fact, 86% of private markets professionals report increased LP requests for tailored SPV structures over the past 12 months, according to a new study by CSC, the leading provider of global business administration and compliance solu

Insigneo Successfully Completes Acquisition of VectorGlobal WMG Client Accounts

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
MIAMI--(BUSINESS WIRE)--Insigneo, a leading international wealth management firm, today announced it has successfully completed the integration of client accounts from VectorGlobal Wealth Management Group (“VectorGlobal WMG”) and its Registered Investment Advisor (“VectorGlobal IAG”), further expanding the firm’s platform and presence across the Americas. The transaction, first announced last year, adds nearly $4 billion in client assets from Chile, Mexico, Colombia, Ecuador, Peru, Venezuela, t

Christine Cappabianca joins Voya Investment Management as head of Systematic Equities

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
NEW YORK--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that Christine Cappabianca has joined the firm as head of Systematic Equities reporting to James Lydotes, chief investment officer, Equities. She will split her time between New York and Boston. In this role, Cappabianca will oversee Voya IM’s $24 billion suite of active and passive systematic equity strategies and will be responsible for the firm’

Intercontinental Exchange Reports May 2026 Statistics

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today reported May 2026 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. May highlights include: Total average daily volume (ADV) up 14

Payward Brings Tokenized IPO Access For Retail Investors Across the Globe

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
ST HELIER, Jersey--(BUSINESS WIRE)--Payward, the parent company of global crypto platform Kraken and developer of the xStocks tokenized equities framework, will soon enable retail investors across the world to participate in US-listed initial public offerings (IPO) at the IPO price. Customers of select xStocks Alliance members, including Kraken and others, will be able to express interest in a US-listed IPO before the company goes public, then receive an allocation of tokenized equity at the of

Santa Rosa County Federal Credit Union Renews Partnership with Mahalo Banking

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
TROY, Mich.--(BUSINESS WIRE)-- #CreditUnions--Santa Rosa County Federal Credit Union (“SRCFCU”) has renewed its partnership with Mahalo Banking, recognizing Mahalo’s proven ability to continuously innovate and deliver enhancements on time, every time. The renewal reflects the credit union’s dedicated focus to providing a modern, intuitive, and member-centric digital banking experience powered by a platform that evolved alongside its needs. Mahalo’s Thoughtful Banking® platform enables SRCFCU to deliver a more

AI Is Fueling Alternative Career Paths: Only 1 in 5 Unemployed Workers Say They’d Choose a 4-Year Degree Now, New Poll Shows

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
NEW YORK--(BUSINESS WIRE)--Pelgo, an AI-powered career transition platform, today released additional findings from a new survey of 5,000 unemployed individuals. The results indicate AI has workers rethinking traditional career paths, with many now favoring alternatives like starting their own business or attending a trade school instead of pursuing a four-year college degree. The survey offers a real-time look at how displaced workers are navigating today’s job market, and where they are strug

White Wolf Hybrid Capital Completes Investment in AccuCast

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
NEW YORK--(BUSINESS WIRE)--White Wolf Hybrid Capital announces a strategic investment in AccuCast, LLC in partnership with Investly Capital.

Litera Foundation 365 Brings AI‑Powered Client Intelligence Directly into Microsoft 365

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
CHICAGO--(BUSINESS WIRE)-- #AI--Built on Microsoft Dynamics 365, Litera brings AI relationship intelligence into Microsoft 365 to help firms grow client relationships.

Liquid Mercury Selects BitGo as Crypto-as-a-Service Provider Across All Products

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
NEW YORK & CHICAGO--(BUSINESS WIRE)--Liquid Mercury LLC, a leading technology provider for digital asset marketplaces and professional crypto trading, today announced that BitGo Inc., the digital asset infrastructure company and BitGo Bank & Trust, N.A, an OCC-regulated digital asset trust bank, (together with BitGo, Inc, “BitGo”) both subsidiaries of BitGo Holdings, Inc. (NYSE: BTGO), will serve as its Crypto-as-a-Service (“Caas”) provider, bringing qualified custody and OCC-regulated comp

InMobi Advertising Launches First Agentic Seller, Opening Mobile and Exclusive CTV Ad Inventory to AI Buying Agents

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
SAN MATEO, Calif.--(BUSINESS WIRE)--InMobi Advertising today announced a strategic partnership with Scope3 to make its premium CTV and mobile in-app supply on Scope3 Interchange.

Emburse Named ‘Official Travel and Expense Solution Partner’ of TGR Haas F1 Team

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
DALLAS & KANNAPOLIS, N.C.--(BUSINESS WIRE)--Emburse, a global leader in travel and expense management, today announced a multi-year strategic partnership with TGR Haas F1 Team, becoming the ‘Official Travel and Expense Solution Partner’ of the organization, beginning with the Monaco Grand Prix as part of the 2026 FIA Formula 1 World Championship season. The partnership brings together two organizations operating in fast-moving global environments where visibility, precision, efficiency, and ope

LRT Company Launches $21 Million DST Investment for Ground-Leased Multifamily Site Near Hilton Head Island, S.C.

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
HARDEEVILLE, S.C.--(BUSINESS WIRE)-- #DST--LRT Company, a land acquisition and real estate investment firm that specializes in land entitlements and ground lease financing, and sponsors 1031 exchange offerings, announced today that it has launched LRT Hardeeville Multifamily 1 DST. The all-cash, Delaware statutory trust private placement seeks to raise $21 million in equity. The offering is LRT's fifth Delaware statutory trust of a property ground-leased for development; the company’s four prior DST o

Intercontinental Exchange Joins Anthropic’s Project Glasswing

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced it is part of Anthropic’s cyber security initiative, Project Glasswing. ICE operates some of the world's most critical financial infrastructure. As part of Project Glasswing, ICE has deployed Anthropic's Claude Mythos Preview into its cybersecurity infrastructure to help identify and remedi

MSCI Names Kashi Kakarla Chief Technology Officer

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI) appointed Kashi Kakarla as Chief Technology Officer and Head of Product Engineering, effective June 22. He will report to Henry Fernandez, Chairman and Chief Executive Officer, and will serve on MSCI’s Management Committee. Kakarla joins from Intuit, where he spent 17 years building and transforming products and platforms serving millions of customers worldwide. Most recently, he led technology and engineering for the Intuit Small Business Platf

Astro Pak LLC Acquires Purepass Services, Inc.

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
COSTA MESA, Calif. & HAMILTON, Ontario--(BUSINESS WIRE)--Astro Pak LLC (“Astro Pak”), a portfolio company of The Stephens Group, LLC (“Stephens Group”), is pleased to announce its acquisition of Purepass Services, Inc. (“Purepass”), a provider of on-site and shop-based high purity cleaning services. Located in Hamilton, Ontario, the acquisition establishes Astro Pak’s footprint in Canada and increases the total number of locations to 13 across the United States, Canada, and Puerto Rico. Purepas

Crescent Capital Group Closes Largest Fund in Firm’s History with Fourth U.S. Direct Lending Fund, Raising $10.8 Billion in Investable Capital

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
LOS ANGELES & NEW YORK & BOSTON & CHICAGO--(BUSINESS WIRE)--Crescent Capital Group LP (“Crescent”), one of the leading alternative credit investment firms, announced today the successful final close of its fourth U.S. direct lending fund, Crescent Direct Lending Fund IV (“CDL Fund IV”), raising $10.8 billion in investable capital, including targeted leverage and separately managed accounts investing alongside the fund. CDL Fund IV represents the latest vintage in Crescent’s lower middle market

New SRM Report Outlines Forces Driving Unparalleled Growth in M&A Activity and Execution Strategies for Financial Institutions

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
MEMPHIS, Tenn.--(BUSINESS WIRE)--SRM announces the release of its latest Perspectives report on M&A.

FICO Invests in the Next Generation of Leaders Through First Tee

Lastest from Businesswire - Wed, 06/03/2026 - 08:45
BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--Global analytics software leader FICO (NYSE: FICO) is deepening its commitment to First Tee, a national youth development organization that harnesses the game of golf to instill life skills, build character, and develop confidence. FICO’s investment will support First Tee programs nationally and expand access to credit education for First Tee chapters, participants and alumni across the network, furthering both organizations’ commitment to building confidence an

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