Partners Group suffers surge in withdrawal requests and braces to cap more funds June 4, 2026 Partners Group warned that its flagship private equity fund had been hit by a flurry of requests from wealthy investors, raising concerns the Swiss firm would have to cap withdrawals, a day after doing so on a major European fund. Redemption requests at its $16bn private equity master fund reached roughly six per cent of [...]
Kirkland & Ellis partners with Palantir for AI-driven private equity work June 4, 2026 The world’s largest law firm by revenue, Kirkland & Ellis, has agreed to partner with tech giant Palantir to create an AI tool to use in advising private equity firms. The US-based firm, which has a large City office, said the multi-year partnership will deploy technology to share the expertise of its leading partners with [...]
Oxane Partners’ ‘Compass 2026’ Maps Private Credit Market Sentiments June 4, 2026 Survey of 380+ senior credit professionals highlights industry’s outlook for growth of assets, with inclination towards ABF, AI, and risk discipline
Asana Unveils Operating System for Human-Agent Teams June 4, 2026 Agentic Work Management solves the AI productivity gap; Organizations can run critical work with humans and agents on the same plan, with the same context, under the same governance Asana announces next generation AI Teammates purpose-built for industries and Asana Dash, an AI Chief of Staff for every user that knows your individual goals, priorities and what needs your attention New apps coming soon: Asana Service Management for IT, Command by Asana for Builders, and Asana Client Management for Professional Services
Reply and IEO Launch Collaboration to Co-Develop and Train Domain-Specific Large Language Models for Oncology June 4, 2026 Reply [EXM, STAR: REY] and the European Institute of Oncology (IEO) have launched a collaboration focused on the co-development and training of domain-specific Large Language Models for oncology. The initiative brings together Reply’s expertise in building frontier generative models grounded in enterprise knowledge with the IEO’s clinical expertise and data assets to develop models tailored [...]
S4 Capital cuts jobs as Sorrell predicts ‘fewer people’ in advertising June 4, 2026 S4 Capital has cut a further 150 jobs this year, amid warnings from Sir Martin Sorrell that AI will leave the advertising industry employing “fewer people” in the years ahead. The London-listed marketing group said its workforce has fallen to around 6,200, down from roughly 7,000 a year ago, as clients continue to rein in [...]
Lantern Expands Its Platform for Solving the Data Trust Problem with Strategic Acquisition and Key Executive Hires June 4, 2026 Lantern Acquires Freyda to Create the First End-to-End Data Assurance Platform for Private Markets
Global Millionaire Population Jumps by Nearly 2 Million in 2025, Driven by Strong Stock Market Performance Worldwide June 4, 2026 U.S. adds 736,000 new millionaires — more than any other market — to reach 8.7 million Ultra-high-net-worth individual population expands 9.4%, the fastest-growing wealth segment for second consecutive year Most HNWIs (88%) work with multiple wealth management firms specifically to access better alternative investment opportunities Three-in-four advisors want AI to automate routine work so they can focus on client relationships
Stockbroker boom down under boosts CMC Markets share price June 4, 2026 CMC Markets shares rocketed in early trading after a rise in stockbroking activity in Australia coupled with its expanding institutional business partnerships boosted profits. Shares soared 12.7 per cent to 415p, with shares up 37.1 per cent since the start of the year. The trading platform operator recorded a 20 per cent hike in profit [...]
Gold prices glitter amid geopolitical uncertainty June 4, 2026 Gold saw a significant price rally over the course of 2025, after geopolitical uncertainty and heightened central bank buying drove more people to the safe haven asset. Gold prices rallied 44 per cent last year, reaching $4,550 per ounce in December and recording 56 fresh record highs according to the latest report from Metals Focus. [...]