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ACORE Raises $1.1B for Second Opportunistic Credit Fund

ACORE Raises $1.1B for Second Opportunistic Credit Fund

Alternative Assets | October 30, 2026

ACORE Capital has closed its second opportunistic credit fund with $1.1 billion in commitments, exceeding its $1 billion target. ACORE Opportunistic Credit II closed at more than four times the size of its predecessor. The fund has committed $400 million across 14 transactions. Since its founding in 2015, ACORE has committed $1.34 billion to opportunistic

Dealmakers’ Optimism Cools as Valuation Gaps Cloud M&A Outlook

Dealmakers’ Optimism Cools as Valuation Gaps Cloud M&A Outlook

Direct Investment | October 30, 2026

Dealmakers are still optimistic about mergers and acquisitions, just a lot less so than a year ago. Economic uncertainty, stubborn valuation gaps and higher financing costs have cooled expectations, while artificial intelligence has shifted from a tool that speeds up deals to the prize buyers are chasing, according to law firm Dykema’s 22nd annual M&A

Ameriprise Maintains Bullish Outlook After BofA Stock Downgrade

Ameriprise Maintains Bullish Outlook After BofA Stock Downgrade

Broker/Dealers | October 29, 2026

Ameriprise Financial is retaining a positive perspective about its advisor attrition, as Chief Executive Officer Jim Cracchiolo dismisses criticism from industry recruiters.  “There’s a lot of noise out there from anonymous sources, from recruiters with their own agendas,” Cracchiolo said Thursday on its third-quarter earnings call.  He also reiterated that Ameriprise does not have an advisor retention program and

Raymond James Adds $692M Bank Program

Raymond James Touts Competitive Edge with Affiliation Options, Advisor Pipeline

Wealth Management | October 29, 2026

Raymond James is feeling “really good” about its pipelines across all channels, as financial advisors benefit from the firm’s technology investment and a wide range of affiliation options, according to Chief Executive Officer Paul Shoukry.  Shoukry said on the firm’s quarterly earnings call for the quarter that ended Sept. 30, that various advisory firms are