Private equity managers could gain unprecedented access to US retirement savings after President Donald Trump signed an executive order designed to expand the range of alternative assets eligible for inclusion in 401(k) plans.
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Trump order opens $12 trillion pensions market to private equity
Private equity managers could gain unprecedented access to US retirement savings after President Donald Trump signed an executive order designed to expand the range of alternative assets eligible for inclusion in 401(k) plans. Read the full story
Meta gets $29B financing for AI data center growth
The California-based tech giant has picked PIMCO and Blue Owl for its Louisiana AI hub expansion. Read here
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Firefly Aerospace hits $9.8B in Nasdaq debut
The Texas-based space tech firm’s shares surged 55.6% as investors pour capital into the defense sector. Read here
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Ecore boosts offerings
with Pro-Techs acquisition
The Pennsylvania-based sustainability-driven circular rubber manufacturing company has acquired the Ohio-headquartered playground surfacing installer to expand its leadership in the safety surfacing market. Read here