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Business Update

  • Citi advised StepStone Group on landmark $3.3 billion Structured Solutions Vehicle

    July 8, 2026

    Citi advised StepStone Group on the structuring and placement of the largest structured solutions vehicle of its kind to date, successfully securing $3.3 billion in commitments. The $3.3 billion vehicle invests primarily in private market secondaries. The solution provides institutional investors with a flexible and capital-efficient way to access StepStone Group's leading secondaries platform.

  • Quaise Energy Raises $134 Million in Initial Close of Series B to Build World’s First Superhot Geothermal Power Plant

    July 7, 2026

    Prelude Ventures led the round, with participation from JERA Co., Inc., Japan's largest power generation company, and Idemitsu Kosan, one of Japan's largest integrated energy companies Series B equity is the first component of a diverse financing that includes project-level capital and debt Quaise's millimeter wave drilling system is approaching one kilometer of depth at its Central Texas field site Series B proceeds fund Project Obsidian in Central Oregon, the world’s first commercial superhot geothermal power plant

  • RGI Group Strengthens Its Personal Insurance Capabilities in France Through KAPIA-RGI’s Acquisition of Cegid Assurex Solutions

    July 7, 2026

    RGI, a leading European provider of digital insurance platforms, announces that KAPIA-RGI, its France-based company specialised in personal insurance solutions, has acquired Cegid Assurex solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260707323665/en/ This transaction marks a major milestone in the Group’s development strategy in French speaking markets in Europe and further [...]

  • Alpaca Completes EEA Passporting to 29 Countries, Expanding Access to Regulated Investment Services Across Europe

    July 7, 2026

    Alpaca now provides regulated, localized investment services across the European Economic Area

  • No-Loss Trading Platform UpsideOnly Surpasses 100,000 Users Within Weeks of Launch

    July 6, 2026

    Rapid growth shows strong demand for a new trading model where users can make market predictions without risking their own capital

  • CG Semi Commences Commercial Production at Its G1 OSAT Facility in Sanand, Gujarat

    July 4, 2026

    A key milestone in India’s semiconductor manufacturing journey

  • Arendt Investor Services Enters a New Phase of Development With BlackFin as Majority Shareholder

    July 3, 2026

    Arendt Investor Services (AIS) announces today the completion of its acquisition by BlackFin Capital Partners, following regulatory approval by the CSSF. This transaction marks the start of a new phase of development for AIS, with a clear ambition to accelerate its growth through international expansion and selective acquisitions, while further investing in technology, including AI, [...]

  • Halon Begins Next Chapter as an Independent Creative Production Company

    July 3, 2026

    Halon Entertainment, the award-winning creative production company known for its work across film, episodic, games, immersive entertainment and advertising, today announced that it is becoming an independent company through a management buyout led by CEO Chris Ferriter. Founded in 2003, Halon has built a reputation as a trusted creative partner, working alongside directors, supervisors and [...]

  • Barclays, HSBC, Lloyds, and NatWest among the first banks in the world to adopt new Swift framework for enhanced international consumer payments

    July 2, 2026

    Barclays, HSBC, Lloyds and NatWest will be among the first financial institutions in the world to go live with a new global initiative transforming the experience for people sending and receiving international transfers.

  • Azalea Vision Awarded Prestigious EIC Accelerator Funding to Advance Smart Contact Lens into Clinical Development

    July 1, 2026

    Belgium’s only company selected in the latest EIC Accelerator funding round. Up to €7.5 million in blended finance: a €2.5 million non-dilutive grant plus a planned €5 million EIC Fund equity investment. Funding advances Azalea’s smart contact lens platform from technical validation into the clinic. Selection provides independent validation of Azalea Vision’s technology, clinical strategy and commercial potential.

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