Columbus, OH

Franklin Templeton held the final closing of its second enterprise technology growth equity fund. The fund, managed by Franklin Venture Partners, the private investing arm of Franklin Templeton’s Franklin Equity Group, aims to capitalize on mid- to late-stage venture companies in the enterprise technology sector that show potential for an initial public offering.

Franklin Templeton closes second enterprise technology growth equity fund

Resurgens Technology Partners (RTP), a private equity firm specializing in lower middle-market software companies, held the final close of its third fund with $800 million in commitments. This latest fundraising effort marks a significant increase from the firm’s previous funds, with Fund I raising over $200 million and Fund II securing more than $500 million.

Resurgens closes third software investment fund at $800m

EQT Private Equity announced plans to acquire a majority stake in AMCS, a provider of software solutions for resource-intensive industries, in a deal involving the EQT X and EQT Future funds. A strategic investment in tech powering the circular economy transition AMCS, founded in 2003 and headquartered in Ireland, offers a SaaS platform that includes […]

EQT to acquire majority stake in AMCS, boosting circular economy software

Stockholm-based EQT has set a $12.5 billion target for its latest Asian private equity fund, BPEA Private Equity Fund IX (BPEA IX), signaling the firm’s continued commitment to expanding its presence in the Asian market. The firm noted that the final fund size could vary from the target, depending...

EQT announces $12.5bn target for new Asian PE fund

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Firms focused on the real estate market have been actively recruiting talent, including DWS, Heitman and Madison International Realty. Other key investment hires over the past week were at CPP Investments, Russell Investments and Ilmarinen, a Finnish mutual pension insurance company.

People moves for the week ending Aug. 16

Denver, CO

Migrants enrolled in the Denver Asylum Seekers Program won’t get cash benefits after all. The council amended a contract with Haven for Hope during the Safety, Housing, Education and Homelessness Committee meeting Wednesday. Instead of Haven of Hope providing migrants with cash assistance on debit cards, it will instead provide “culturally appropriate” food.

Denver revokes cash assistance for migrants

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

DWS is expanding its global private credit operations with the addition of four executives within its real estate credit business announced this week. Jay DeWaltoff has joined as head of U.S. Real Estate Debt in the firm’s New York offices reporting directly to Todd Henderson, co-global head of Real Estate and head of Real Estate […]

DWS hires from J.P. Morgan for RE debt

Caitlin Gubbels has been promoted to senior managing director and global head of private equity at CPP Investments, effective Oct. 15. At the C$647 billion ($472 billion) fund, Gubbels joins the senior management team as she leads the private equity program globally, including teams dedicated to direct private equity, private equity Asia and private equity […]

CPP names global head of PE

New Jersey State

Collingswood, NJ

Morristown Minute

CAMDEN, N.J. – Ralston Boswell, 34, of Collingswood, New Jersey, has admitted to participating in schemes to fraudulently obtain Paycheck Protection Program (PPP) loans and unemployment insurance benefits. The announcement was made by U.S. Attorney Philip R. Sellinger.

Plea: Man's PPP & Unemployment Fraud - $209K Scam

Apache Junction, AZ

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Suzy Jacobson Cherry

When I studied Anthropology in college, I learned that teeth have been indicators of economic status just about forever. Archaeologists look at the teeth in ancient skeletons and know who the rich were based on their tooth decay. During the Renaissance period, it became fashionable for women to blacken their teeth to look like they were better off than they were, because the royals and aristocrats, who could afford sugar and sweets, had more rotten and missing teeth than the poor.

Opinion: Stop Stereotyping Bad Teeth as a Sign of Drug Addiction

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Newark, NJ

NEWARK, N.J. – Nygee Johnson, also known as “Gito,” a 25-year-old member of the Rollin’ 60s Neighborhood Crips, has admitted his role in a racketeering conspiracy. The announcement was made today by U.S. Attorney Philip R. Sellinger. Johnson pleaded guilty before U.S. District Judge Susan D. Wigenton in Newark federal court on July 17, 2024, to a superseding indictment charging him with Racketeer Influenced and Corrupt Organizations (RICO) conspiracy.

Rollin' 60s Crips Member Pleads Guilty to Racketeering

On the night in January 2023 when volunteers counted people experiencing homelessness in Denver, no shelter beds were available for individuals or families, according to data provided by the National Alliance to End Homelessness. More than 2,500 individuals and 181 families slept outside, the data showed.

State of homelessness in Denver: Full shelters, surge in older adults

Kennedy Lewis Investment Management added 12 team members from Gibraltar Real Estate Capital, which acts as a capital source for residential real estate development across the U.S. The team will be folded into KL Servicers, which offers asset monitoring, servicing and due diligence for land banking investments. Gibraltar Co-Founders Roger Brush and Micheal Lapat will […]

Kennedy Lewis adds new RE credit team

Family offices have significantly improved their professional operations over the past five years, according to new research from Ocorian, a specialist service provider for high-net-worth individuals and financial institutions. However, these offices still face substantial challenges in governance, investment management, and succession planning. The global study, which surveyed over 300 family office professionals managing about […]

Family offices becoming more professional, but challenges remain

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

Morristown, NJ

NEWARK, N.J. – Sixteen individuals have been charged in connection with a widespread "grandparent scam" that defrauded elderly Americans out of millions of dollars. The charges were announced by U.S. Attorney Philip R. Sellinger.

16 Charged in Nationwide 'Grandparent Scam'; Millions Stolen

NewsBreak

OHA partners to invest up to $5bn in European private credit

Oak Hill Advisors struck a partnership with One Investment Management to invest in European...

OHA partners to invest up to $5bn in European private credit

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