Institutional investors’ credit allocations are shifting away from direct lenders and toward specialists with domain expertise and operational scale. More below. Pathlight Capital is seeking to raise ...

Cerberus Capital Management has acquired BROCC Finance AB, a Swedish consumer finance platform, following regulatory approval from the Swedish Financial Supervisory Authority. The deal, completed ...

Nvidia Corp. (Nasdaq: NVDA) is backing a new funding round for AI startup Poolside, an AI firm focused on coding automation, committing between $500 million and $1 billion as part of a raise that ...

Ares Management Corp. (NYSE: ARES) has agreed to acquire all outstanding shares of BlueCove Limited, a London-based systematic fixed income investment firm. The deal, expected to close in the first ...

Abry Partners-backed Portfolio Holding Inc. will be acquired by Protective Life Insurance Company, the primary operating subsidiary of Protective Life Corp., which is wholly owned by Dai-ichi Life ...

Vector Capital has acquired Showpad and merged it with Bigtincan to create a unified leader in AI-powered revenue enablement. The deal combines two early movers in AI-driven sales enablement under a ...

Incline Equity Partners has invested in Advanced Solutions International, a Virginia-based software firm serving associations, trade unions and nonprofit organizations. The transaction supports ASI’s ...

Ryerson Holding Corp. (NYSE: RYI) and Olympic Steel (Nasdaq: ZEUS) have agreed to merge, creating the second-largest North American metals service center. Under the agreement, Olympic Steel ...

HPS Investment Partners, a credit-focused alternative investment firm, has partnered with Lunate, a global investment manager with over $110 billion in AUM, to launch the HPS Strategic Solutions ...

Morgan Stanley (NYSE: MS) has agreed to acquire EquityZen, a trading platform for shares of privately held companies, as part of a strategic push to strengthen its private markets capabilities. The ...

Bank of America (NYSE: BAC) announced key leadership changes within its global corporate and investment banking unit. Sharnoff, a 25-year veteran of the bank, previously led its global financial ...

ADP (Nasdaq: ADP) has acquired Pequity, a San Francisco-based provider of compensation management software founded in 2019. The acquisition aims to expand ADP’s capabilities in supporting mid-size, ...