Latest News

Hillhouse Investment has begun raising a new Asia-focused private equity fund targeting roughly $7 billion, marking one of the region’s largest new vehicles in the current cycle. The launch comes after two years of slower deal activity and limited exits across Asia-Pacific, conditions that weighed on fundraising and delayed new flagship programs. Recent improvements in public markets, particularly in Japan and India, combined with a reset in valuations, have prompted several managers to return to market...

Blockfusion, a data center operator focused on clean energy–powered infrastructure, plans to go public through a business combination with Blue Acquisition Corp., a Nasdaq-listed SPAC. The deal assigns Blockfusion an implied pre-money enterprise value of $480 million and includes the issuance of $450 million in new securities to existing shareholders at closing...

A new collaboration between Kellanova, Walmart, and Indigo Ag is bringing additional resources to Arkansas rice farmers working to adopt regenerative agriculture. Through Indigo’s Source program, growers gain access to technical support, data tools, and a performance-based premium for rice produced with practices that improve soil health and water stewardship...

U.S. regulators have approved new final rules that ease leverage requirements for large banks, reducing the amount of capital they must hold against low-risk assets. The Federal Deposit Insurance Corporation cleared the updated “enhanced supplementary leverage ratio,” with other regulators expected to follow. An FDIC memo estimated that the revised standard will lower total capital needs for major institutions by approximately $13 billion, or less than 2%...

SiriusXM has named Zac Coughlin its next Chief Financial Officer, effective January 1, 2026, as Tom Barry prepares to step down at year-end. Coughlin joins the company after serving as CFO of PVH Corp. and brings nearly three decades of finance experience across consumer, retail, and automotive companies, including senior positions at LVMH’s DFS Group, Nike’s Converse division, and Ford Motor Company...

Xerox has appointed Chuck Butler as its Chief Financial Officer as part of its updated leadership structure. The company confirmed that Mirlanda Gecaj will depart to pursue new opportunities following a mutual decision. Butler brings substantial financial and operational experience to the role and will continue overseeing the Global Business Services organization. His appointment aligns with Xerox’s strategy to strengthen operational integration and support its broader Reinvention plan...

Amundi, a European asset manager with a significant private markets platform, and ICG, a private markets asset manager overseeing nearly $125 billion, have announced a long-term strategic partnership aimed at expanding access to private assets for wealth investors. The agreement includes a 10-year arrangement under which Amundi will act as the exclusive global distributor in the wealth channel for select ICG products, while ICG will serve as Amundi’s exclusive provider for those strategies...

Kraken, a U.S.-based cryptocurrency exchange founded in 2011, has confidentially filed for an initial public offering as it prepares to enter the public markets ahead of the 2026 midterm elections. The company aims to capitalize on improving market sentiment, supported by the Trump administration’s pro-crypto stance and recent legislative developments such as the Genius Act, designed to regulate stablecoins...

Nestlé and the World Farmers’ Organisation (WFO) have launched a first-of-its-kind partnership aimed at strengthening global food systems as climate change places increasing pressure on agricultural communities. The WFO, which represents over one billion farmers across more than 50 countries, and Nestlé will work together to promote regenerative practices, develop viable farming models, and advocate for policies that reflect the realities farmers face...

Middle-market CFOs are confronting growing pressure to modernize how their companies connect to banking partners, as fragmented file formats, manual uploads, and one-off integrations continue to strain treasury operations. Industry commentary from FIS points to a common pain point: ERP systems were never built for seamless multibank connectivity, leaving firms with costly, fragile links that limit cash visibility and slow decision-making...