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News
Liberty Mutual Elects THL Co-CEO Scott Sperling to Board of Directors
3+ day, 17+ hour ago (541+ words) Liberty Mutual Insurance has elected Scott M. Sperling, co-CEO of private equity firm Thomas H. Lee Partners, to its Board of Directors, adding more than four decades of experience in institutional finance, private equity, capital allocation and corporate governance. Sperling has been…...
Mitsubishi Electric US Names Limor Spector SVP of Innovation and Commercialization
4+ day, 19+ hour ago (378+ words) Mitsubishi Electric US has appointed Limor Spector senior vice president of Innovation, Ventures & Commercialization, creating a new leadership role to coordinate key innovation organizations across the Americas and accelerate the transition of emerging technologies from research into commercial applications. Spector…...
IonQ Raises 2026 Revenue Outlook After SkyWater Acquisition, Unveils New Quantum Platform
6+ day, 46+ min ago (187+ words) IonQ shares gained 5.9% in premarket trading. The company now expects 2026 revenue of $450-$460 million, including contributions from SkyWater. IonQ completed its acquisition of the semiconductor manufacturer on July 31, giving the company greater control over the production of its quantum-computing systems. “Releasing…...
Advisor360° Opens New York Technology and Sales Hub on Fifth Avenue
1+ week, 5+ day ago (521+ words) Advisor360° has opened a New York City technology and sales hub at 276 Fifth Avenue, expanding its physical presence in a major financial services market as the wealth management technology company invests in product development, artificial intelligence capabilities and commercial growth. The…...
Constitution Capital Launches Horizon CIT With Over $50 Million in Assets
1+ week, 5+ day ago (482+ words) Constitution Capital Partners has launched the Constitution Capital Horizon CIT with more than $50 million in initial assets, giving eligible defined contribution retirement plans a new way to incorporate private equity into professionally managed investment products. Horizon launched across 18 retirement plans,…...
Tidewater Completes Acquisition of Wilson Sons Ultratug
1+ week, 6+ day ago (157+ words) Tidewater Inc. has completed its acquisition of Wilson, Sons Ultratug Participações S.A. and affiliate Atlantic Offshore Services S.A., expanding the Houston-based company’s offshore support vessel fleet and presence in Brazil. The transaction closed effective Aug. 31 and adds 22 platform supply vessels,…...
StepStone Raises $1.7 Billion for Infrastructure Secondaries Strategy
2+ week, 5+ day ago (413+ words) StepStone Group has completed fundraising for its first closed-end commingled infrastructure secondaries fund, securing $1.7 billion in total commitments across StepStone Secondaries Infrastructure Fund and related separate accounts as the private markets manager expands its investment capacity in the secondary market....