Asset Management News

SAN FRANCISCO--(BUSINESS WIRE)--Persona has partnered with Chainlink, the industry standard oracle platform, to power compliant on-chain identity via the Chainlink Automated Compliance Engine (ACE). As a core component of Chainlink ACE, the Cross-Chain Identity (CCID) framework helps enable institutions to verify users once with Persona and reuse those credentials across blockchains, protocols, and asset managers without re-running KYC or exposing sensitive data on-chain. Institutions moving ca...

NEW YORK--(BUSINESS WIRE)--Family offices are increasingly operating like institutions as key events such as liquidity events expose the limits of informal governance and concentrated decision making, according to a new Morgan Stanley Wealth Management report, From Vision to Structure: Architecting a Family Office. Family offices most often professionalize in response to disruption rather than through gradual planning. Liquidity events, generational wealth transfers and leadership turnover freq...

PHILADELPHIA--(BUSINESS WIRE)--Yellowwood launches an AI workflow for direct-deal investors in venture capital, private equity, angel investing, and family offices....

LONDON & MELBOURNE, Australia--(BUSINESS WIRE)--Alter Domus, a leading global provider of tech-enabled fund and corporate services for the alternative investment industry, today announced that it has agreed to acquire MSC Group to deepen its global client offering in Australia with specialist private credit and alternative assets servicing around trusteeship, custody and fund administration. The acquisition represents a significant step in the expansion of Alter Domus’ global footprint and rein...

CHEYENNE, Wyo. & DALLAS--(BUSINESS WIRE)--Kraken, one of the world’s longest-standing, most secure and most liquid crypto platforms, and MoneyGram, one of the world’s leading global payments networks, today announced a new strategic global partnership. Through this partnership, millions of Kraken customers will be able to withdraw crypto as cash in hundreds of fiat currencies, spanning more than 100 countries worldwide using MoneyGram’s extensive global cash pickup network. Where crypto meets c...

DALLAS--(BUSINESS WIRE)--Stablecore, the platform enabling community and regional banks to offer stablecoins, tokenized deposits and digital asset products, today announced its official endorsement from Tennessee Bankers Association, the trade association established to serve the needs of the state’s banks, thrift institutions, and trust companies. As an endorsed partner, Stablecore will serve as the preferred digital asset technology provider for the Association which has 175 member institutio...

DALLAS--(BUSINESS WIRE)--On April 30th, 2026, Valesco closed its sixth platform investment in Valesco Fund III. Headquartered in Houston, TX, Nipples, Elbows & Couplings, Inc. (“NEC”) is a leading manufacturer of PVC-coated electrical conduit and fittings for infrastructure projects including wastewater, midstream energy, and datacenter end-markets. NEC’s proprietary “BlackGuard” coating protects critical infrastructure in corrosive environments, with the Company establishing its premium br...

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock: a monthly cash dividend of $0.132813 per share of 6.375% Non-Cumulative Monthly Income Preferred Stock, 2003 Series A, payable on June 1, 2026 to holders of record as of May 15, 2026. The Corporation also announced the following monthly distribution on its outstanding Trust Prefer...

PARSIPPANY, N.J.--(BUSINESS WIRE)--“OnePoint BFG”, a dynamic wealth advisory and financial planning firm, announced the onboarding of Sam Cari as chief strategy officer....

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management strategies, today announced that financial advisor Eric Westall has joined the firm through its office of supervisory jurisdiction (OSJ), Innovative Financial Group (“IFG”), bringing more than $250 million in client assets. Westall built his practice around delivering personalized advice and long-term planning solutions designed to help clients navigate complex financial decisio...