California

I Squared Capital has agreed to acquire a portfolio of 10 data center facilities from Cogent Fiber, an indirect subsidiary of Cogent Communications Holdings, for $225 million in cash, launching a new U.S. data center operating platform. The acquisition will serve as the foundation for a colocation-focused platform targeting high-density deployments and AI inference infrastructure. ...

As competition intensifies across asset management, private credit, hedge funds and wealth platforms, firms are placing greater emphasis on strategic hiring to differentiate performance and scale effectively. From leadership roles in investment teams to specialized talent in distribution, operations and technology, the war for talent is increasingly shaping how firms position themselves in a crowded ...

Vanguard has rolled out a new Dynamic Active‑Passive Model Portfolio series, expanding its suite of model portfolios designed for financial advisors who want to blend active and passive strategies within a single framework. The series targets advisors seeking to outperform index benchmarks by combining the cost efficiency and transparency of passive management with the potential ...

Retail asset managers expanding into alternative investments are finding that product development is the easier half of the equation — distribution is where the real work begins. According to the latest Cerulli Edge—The Americas Asset and Wealth Management Edition, the industry has yet to converge on a clear best practice for getting alternatives in front ...