- Enrique Glotzer has been named managing director in BRG’s Energy and Climate practice. Glotzer, who will be based at the firm’s New York office, will work with energy and infrastructure organizations across corporate strategy and planning, operational improvement, digital transformation, and M&A transactions. Additionally, he will also work with clients on risk management, resolve financial and regulatory complexities, and help develop sustainability strategies and ESG investment frameworks for infrastructure and industrial clients. Before joining BRG, Glotzer was a managing director at FTI Consulting.
- Beata Kirr has been appointed as CIO of the global family office at Northern Trust Wealth Management. Kirr will be responsible for overseeing investment strategy for GFO and leading portfolio construction at the firm. Prior to joining Northern Trust Wealth Management, Kirr most recently served as managing director and chief impact officer at The Copia Group, a direct lending private credit firm.
- Lauren Goodwin has been named managing director and chief investment strategist at KKR’s global wealth solutions unit. Goodwin will be responsible for leading efforts to develop new tools for financial advisors. Before joining KKR, Goodwin served as chief market strategist at New York Life Investments, where she was responsible forproviding cross-asset market insights and guiding portfolio strategy.
- Patrick McCormack has joined Piper Sandler, an investment bank, as a managing director in the healthcare investment banking group. McCormack, who will be based at the firm’s San Francisco office, will focus on advising biopharma companies on mergers and acquisitions and capital-raising transactions. Prior to joining Piper Sandler, McCormack served as an executive director at Wells Fargo Securities in the firm’s biopharma investment banking division. Before Wells Fargo, he held senior roles at Goldman Sachs, SVB Leerink, and SunTrust Robinson Humphrey.
- Financial advisor Geraldine Spinella has joined Osaic Wealth from Raymond James, where she oversaw about $107M in total client assets. Garden City, NY-based Spinella is affiliated with Osaic through its office of supervisory jurisdiction, New York Financial Partners.
- Dan Sumner has been tapped as president and CEO of Westinghouse Electric Company, an energy and nuclear services provider. Sumner most recently served as Westinghouse’s interim CEO for the last year. Prior to serving as interim CEO, Sumner led Westinghouse’s global operating plant business, where he was responsible forthe delivery of the firm’s products and services to the international nuclear operating fleet.
- Janney Montgomery Scott has added 13 financial advisors, who collectively manage over $3.5B in total client assets. The new advisors joined from firms including Ameriprise, Edward Jones, JP Morgan Securities, Merrill Lynch, Morgan Stanley, Raymond James, RBC, and UBS. Following the additions, Janney also opened a new office in Middletown, Delaware. The additions mark the firm’s largest recruitment for the year.
- Hightower Advisors has partnered with U.S. Squash to become the “Official Wealth Management Partner” of U.S. Squash. The partnership marks Hightower’s first investment in the sports sector. As part of the partnership, Hightower will provide on-site hospitality and event integrations. The partnership was negotiated by Octagon’s Olympics division. The Olympic debut of men’s and women’s squash will be held at the Comcast Squash Center on the grounds of Universal Studios in Los Angeles.
- Advisor CRM, a CRM platform for registered investment advisors, has launched ‘Beacon,’ an AI assistant that’s integrated directly into the CRM platform. Beacon is compatible with AI platforms, including ChatGPT, Perplexity, Gemini, and Claude. Beacon embeds AI within the advisor’s existing workflow and security infrastructure.
- Advisor360° has partnered with Conquest Planning in a move to enhance its financial planning capabilities directly within the Advisor360° platform. Through the platform, customers will gain access to various AI tools, CRM, reporting, and service workflows. The platform has been backed by eMoney, MoneyGuide, and RightCapital.
- PenFed Credit Union has partnered with InvestiFi. Through the partnership, PenFed customers will gain access to securities investing and “comprehensive” financial education resources. Pentagon Federal Credit Union serves about 2.8M customers worldwide with $29B in assets.
- BetaNXT, a wealth management technology provider, has partnered with Tumelo, a technology firm. Tumelo’s technology incorporates technology from BetaNXT to support the end-to-end collection and application of investor voting preferences. BetaNXT’s technology is designed to integrate into existing proxy voting spaces and can be deployed into workflows across asset managers, brokers, and advisors.
- InspereX Holdings has expanded into the annuity marketplace through a partnership with AuguStar Retirement, a Constellation company. Through the partnership, InspereX will distribute AuguStar’s annuity solutions to PNC financial advisors and other select wealth management platforms. Additionally, InspereX will serve as a distribution partner for AuguStar products.
- Rox Capital Partners, a private equity firm, has sold its portfolio unit, The Scruggs Companies, to The Sterling Group, a middle-market private equity firm. Houston-based Scruggs was formed through the combination of The Scruggs Companies and Neil Technical Services. During its ownership, Rox Capital helped to boost Scruggs’ growth strategy, with a focus on expanding product offerings, enhancing its service capabilities, and scaling operations.
- Northern Trust, an international bank, has been chosen by Sacramento County Employees’ Retirement System to provide asset allocation and outsourced solutions, including custody, securities lending, and accounting services. Additionally, Northern Trust will deliver financial reporting and accounting services that are designed to streamline quarterly reporting and year‑end processes, including annual comprehensive financial report production.
- Pantheon, a private markets investor, has launched the Pantheon Global Infrastructure Secondaries Fund. The fund provides offerings across private equity, private credit secondaries, and infrastructure secondaries, alongside the firm’s existing funds, Pantheon Global Private Equity and Pantheon Global Credit Secondaries Fund.
- Nomi Capital, a venture capital firm, has raised an undisclosed amount in funding for the closing round of Nomi Defense Fund I, targeting over $50M in total platform deployments. The Nomi Defense Fund I invests across five sectors, including autonomy, AI and communications, manufacturing and supply chain, space technologies, and energy and power. The fund targets growth-stage companies and combines investments with secondary positions in late-stage companies.
- Blockworks, a crypto data platform, has raised $192M for its Series A extension. The funding round was co-led by ParaFi and Reciprocal Ventures, with additional investment from Coinbase Ventures, Advancit Capital, MoonPay Ventures, Firestreak, Modular, Moonrock, Auros, Flowdesk, EV3, Equilibrium, EVG, 6ixth Event, Sfermion, The Rollup, and Milk Road. The funding will be used to expand its operations and its development efforts.
- Silver Rock Capital Partners, an alternative credit asset manager, has raised $4B for its latest Tactical Allocation Strategy vintage. The Tactical Allocation Strategy provides capital solutions throughout various stages of the credit cycle, spanning corporate private financing and real asset lending. The commitments mark SRCP’s largest capital raise for the Strategy to date, exceeding its previous vintage, which gained $3B in 2022.
- Emerald Lake Capital Management, a private equity firm, has raised $825M in the closing round for its latest fund, surpassing its targeted goal of $500M and its initial hard cap of $750M. The fund, which is led by founder and managing partner Dan Lukas, will continue leveraging the firm’s strategy of partnering with executives to source proprietary investments in founder-owned companies. The funding boosts Emerald Lake’s total capital to roughly $2B.
The post People & Company News, Week of May 1, 2026 appeared first on Connect Money.
