At its March 4 to 5, 2026 meeting, FINRA’s Board of Governors advanced five rule proposals under its FINRA Forward initiative, an effort aimed at making regulation more efficient while maintaining strong investor protections. For financial advisors, broker-dealers, and investment …
Market Outlook & Macro Environment War has thrown a wrench into anyone’s ability to forecast. Uncertainty and volatility will dominate until we have resolution. However, before the start of the war, FNEX’s Advisory Board met and had a very positive …
The 2026 IPO market entered the year with strong momentum. A backlog of issuers, improving equity markets, and expectations for multiple Federal Reserve rate cuts created the foundation for what many believed could be a record-breaking year, particularly with high-profile …
According to Caplight, the 2025 market cycle marked a turning point for late-stage private technology companies. Performance, liquidity, and capital formation all improved materially, with private markets outperforming public benchmarks by a wide margin. This shift reflects more than cyclical …
Artificial intelligence infrastructure is expanding beyond hyperscale data centers and into some of the most remote environments on Earth. One company building for this shift is Armada, which develops modular AI data centers designed to operate anywhere in the world. …
Replit has raised $400 million in Series D funding, achieving a $9 billion valuation as demand for AI-powered software development platforms continues to accelerate. The round was led by Georgian Partners, with participation from G Squared, Prysm Capital, Coatue, Andreessen …
Private market exits surged in 2025, converting approximately $15.7 billion of invested capital into more than $154 billion in exit value. The scale of liquidity realized across late-stage private companies reinforced a structural shift already underway: value creation is increasingly happening before companies reach the public markets. …
Private markets may still be labeled “alternative,” but for many RIAs, that term no longer reflects reality. Across the fiduciary wealth channel, private equity, private credit, infrastructure, and real estate are shifting from satellite allocations to core portfolio building blocks. …
Global alternative investments are entering 2026 with renewed momentum as private equity firms reposition capital toward sectors backed by structural demand and policy support. Cross-border deal activity, institutional allocation shifts, and defense-driven industrial expansion are reshaping private markets strategy. Defense …
The enterprise AI race is accelerating, and Cohere is positioning itself as a serious contender. According to a February investor memo, the Toronto-based artificial intelligence startup reached approximately $240 million in annual recurring revenue last year, exceeding its $200 million target. The company reported …
The number of U.S. public companies has fallen materially over the last few decades, narrowing breadth and increasing concentration risk in traditional portfolios. One widely cited estimate shows a decline from over 8,000 publicly traded U.S. companies in the mid-1990s …
Cerebras Systems has raised $1 billion in a Series H funding round, valuing the company at approximately $23 billion. The round was led by Tiger Global, with participation from Benchmark, Fidelity Management & Research Company, Atreides Management, Alpha Wave Global, …