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Valeon Partners has launched in partnership with Leon Capital Group, with a focus on serving family offices and middle-market private equity firms.  Valeon provides advisory and debt and equity capital placement for mergers and acquisitions, capitalizations, and growth initiatives.   Through their collaboration with Leon Capital Group, Valeon offers investment management services for family offices and institutional investors with a focus on direct and co-investment opportunities across private and public companies.  Valeon is led by CEO and founder…

Axos Financial subsidiary Axos Nevada Holding plans to acquire Arc Technologies, a cash management and fintech platform, in a move to expand its artificial intelligence offerings.  The acquisition will enable Axos to gain access to enhanced AI capabilities through Arc’s financial infrastructure hub and agentic finance tools, which are designed to automate workflows, provide market insights, and boost operational efficiency.  The deal, which is expected to close this month, will be Axos’ fourth acquisition in the last year.  In May , Axos acquired Los Angeles-based Jenius Bank’s $2.3 billion in deposits from…

Wealth executives Gaurav Mallik and Shelly Kapoor have been named CIO and COO, respectively, of Modera Wealth Management. Gaurav, based in Boston, will lead the firm’s investment strategy, portfolio allocation, investment solutions, and governance framework. Gaurav succeeds George Padula, who will be retiring from Modera at the end of the year. Before joining Modera, Gaurav most recently served as managing partner of Fiducia Advisors. Shelly, who…

The New York State Common Retirement Fund committed more than $1.2 billion to private equity strategies in May, rebounding sharply from a quiet April that produced only two transactions. The $295 billion pension system currently allocates 14.3% of assets, roughly $42 billion, to private equity and has delivered a 10-year annualized return of 8.94% despite…

Global infrastructure investment manager I Squared Capital has agreed to acquire Milestone Environmental Services, a leading independent environmental infrastructure company, from private equity firm SK Capital Partners. Headquartered in Houston, Milestone owns and operates 15 fully permitted disposal facilities for oil and gas drilling, completion, and production waste. Its assets are strategically positioned across major…

Prairie Wealth Advisors has hired former Guggenheim Investment Management executive Mike Finnegan as chief investment officer, adding senior investment leadership as the RIA continues to expand following a recent acquisition.  Finnegan will be responsible for Prairie Wealth’s investment platform, including portfolio strategy, manager selection, and investment due diligence. He will also contribute marketcommentary and support company-wide client and prospect conversations.  “The team has built a strong reputation for thoughtful, planning-led…

Registered investment advisor firm Choreo has acquired the assets of Wilmette, Ill-based Resource Financial Group. Resource Financial Group oversees approximately $700 million in client assets. The firm, founded in 1996, provides wealth management services, including financial planning, retirement planning, and insurance solutions to high-net-worth clients, including business owners and families.  The eight-person team is led by wealth managers Peter Maris and Brian Pugal. The team is also supported by a six-person client service team led by…

LPL Financial has added a financial advisor who manages $380 million in advisory, brokerage, and retirement plan assets from Wells Fargo Advisors.  Advisor David Logsdon has joined LPL’s broker-dealer and registered investment advisor platform to launch Sun Valley, ID-based Summit Ridge Financial Advisors, alongside client associate Cecilia Moran.  The firm provides wealth management services, including estate and financial planning, to high-net-worth clients across more than a dozen states, according to LPL.  Logsdon…

Voya Financial is expanding access to private market investments within its Advisor Managed Accounts (AMA) program, allowing registered investment advisors to incorporate private assets into professionally managed retirement portfolios for defined contribution plan participants. The enhancement builds on Voya’s Primary Plus platform, introduced to enable third-party RIAs offering managed account programs through Voya to provide…

Partners Group’s infrastructure secondaries strategy has committed $250 million to a continuation vehicle established by Avenue Capital Group to hold a global commercial aviation leasing portfolio — one of the largest transportation transactions Partners Group’s infrastructure secondaries strategy has completed to date. Partners Group is the sole lead investor in the approximately $360 million vehicle,…