You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Vestwell has raised $385 million in Series E funding led by Blue Owl Capital and Sixth Street Growth, doubling the savings platform company’s valuation to $2 billion since December 2023 and its Series D.  The round brings the total capital raised to $660 million. Neuberger Berman, SLW, Morgan Stanley, Franklin Templeton, TIAA Ventures and HarbourVest also participated in the round. There ...

Core Insights - Vestwell has raised $385 million in Series E funding, doubling its valuation since the 2023 Series D round, bringing total capital raised to $660 million [1][2] - The company now supports over 2 million active savers and administers more than $50 billion in assets, with annual recurring revenue exceeding $200 million [1][2][9] Company Growth and Strategy - Vestwell is expanding its distribution across various channels, enhancing AI-driven experiences, and extending savings pathways beyond retirement [4][6] - The company aims to close the $50 trillion savings gap in America, reflecting strong investor confidence in its unified savings platform [7] - Vestwell's platform supports a wide range of savings solutions, including emergency savings, college savings, and disability accounts, all through a single infrastructure [10][16] Technological Advancements - Ongoing investment in AI capabilities personalizes guidance and automates administration, enabling a more connected saving experience [6][11] - The platform is designed to lower barriers to participation and deliver measurable outcomes, making savings accessible across various demographics [9][20] Market Position and Future Outlook - Vestwell is positioned as a key player in the modern savings economy, with a resilient platform and a clear path for continued expansion [11][14] - The company is well-positioned to capitalize on the growing demand for integrated savings solutions across employers and financial institutions [14]

Group 1 - The fourth Davos Global FOF Summit will be held in Davos, Switzerland from January 19 to 23, 2026, hosted by the Global FOF Association [2][23] - Senior executives from renowned global funds and institutions, including Dr. Siddeek Ahamed of Eram Holdings and Tariq Bin Hendi of Astra Tech, have confirmed their attendance [3][8] - The summit aims to facilitate a multilateral dialogue among over 100 leading figures from global funds of funds and venture capital cities to discuss future directions for the industry [21][23] Group 2 - The Global FOF Association will release the "2025 World's Best FOF Investment Institutions List" at the summit, continuing a six-year tradition of recognizing top investment institutions [24][25] - Previous Davos Global FOF Summits have seen Chinese GPs raise over $1 billion, highlighting the event's significance in the private equity investment landscape [26][29] - The summit will feature unique experiences, including scenic train rides in the Alps and special forums, enhancing networking opportunities among participants [31][34]

Core Viewpoint - The Fourth Davos Global FOF Summit will take place in Davos, Switzerland from January 19 to January 23, 2026, hosted by the Global FOF Association, aiming to facilitate multilateral dialogue among global fund leaders and venture capitalists [1][17]. Group 1: Summit Details - The summit will feature over 100 leading figures from global funds and venture capital cities, discussing strategies to navigate economic cycles and exploring new directions for the future development of the fund industry [17][18]. - The Global FOF Association will release the "2025 World's Best FOF Investment Institutions List," continuing its tradition of recognizing top investment institutions for six consecutive years [19][20]. Group 2: Notable Attendees - Notable attendees confirmed include senior executives from renowned global funds such as HarbourVest, UBS, and the 48 Group, indicating strong interest and participation from the investment community [12][14][13]. - Seven prominent European institutions have also confirmed their attendance, including Postfinance Venture, LGT Bank, and MMDP AG, showcasing a diverse representation from the investment sector [15][16]. Group 3: Opportunities for Engagement - The summit presents a unique opportunity for participants to engage with leading global LPs, discussing investment logic and strategies with foreign LPs from Europe, the United States, and the Middle East [21][24]. - Previous summits have seen Chinese GPs raise over $1 billion, highlighting the event's significance in fostering international investment relationships and enhancing the visibility of Chinese voices in the global investment landscape [21][30]. Group 4: Special Activities - Participants will experience scenic activities, including a train ride in the Alps and a special "Genting Forum" at a restaurant in Davos, adding a unique cultural element to the summit [26][28].

Core Viewpoint - The Fourth Davos Global FOF Summit will take place in Davos, Switzerland from January 19 to January 23, 2026, hosted by the Global FOF Association, aiming to facilitate discussions among leading figures in the global fund of funds industry [2][25]. Group 1: Attendance Confirmation - Seven prominent European institutions have confirmed their attendance at the summit, including Postfinance Venture, LGT Bank, Redalpine Ventures, H Capital Ventures, and EMCORE Asset Management AG [3][6][8][13][19]. - Christian Renner from Postfinance confirmed participation, highlighting Postfinance's significant role in Switzerland's financial landscape with total assets of approximately CHF 102 billion and a net profit of around CHF 164 million for 2023 [4][5]. - Christian Friede from LGT Bank confirmed attendance, emphasizing LGT's focus on wealth management and sustainable investment solutions for high-net-worth individuals and institutions globally [6][7]. Group 2: Summit Highlights - The summit will feature over 100 leading figures from global funds and venture capital cities, discussing strategies for navigating economic cycles and exploring future directions for the fund industry [25][26]. - The Global FOF Association will release the "2025 World's Best FOF Investment Institutions List" during the summit, continuing its tradition of recognizing top investment institutions for six consecutive years [27][28]. - The event will provide a unique opportunity for participants to engage with leading global LPs, discussing investment logic and needs, particularly in the context of RMB and USD funds [29][31]. Group 3: Special Activities - Participants will experience scenic train rides in the Alps and engage in special forums, enhancing networking opportunities in a picturesque setting [33][36]. - The summit aims to foster dialogue between Chinese GPs and international LPs, with previous summits resulting in over USD 1 billion raised by domestic GPs [29][31].

Core Insights - Abu Dhabi Global Market (ADGM) is entering its second decade with the announcement of 11 new significant global financial institutions, representing managed assets exceeding $9 trillion, marking a substantial increase from $635 billion last year and $450 billion in 2023 [1][3][5] Group 1: Growth and Expansion - The announcements made during the Abu Dhabi Finance Week (ADFW) highlight the growing influence of Abu Dhabi as the "Capital of Capital" and position ADFW as a global platform for capital flows through leading institutions and a premier regulatory ecosystem at ADGM [2][5] - The strong increase in managed assets at ADGM solidifies its position as the fastest-growing international financial center in the region and one of the most dynamic globally, indicating a shift in Abu Dhabi's role within the global financial system [3][5] Group 2: Institutional Presence - Notable institutions such as Cantor Fitzgerald, BBVA, UBS Group, KKR, and others have announced their presence in ADGM, marking a strong start for the next growth decade [4][5] - The commitments from these global firms reflect long-term confidence in Abu Dhabi's regulatory clarity and the capacity of ADGM to support increasingly sophisticated financial activities [6] Group 3: Digital Assets and Innovation - Binance received a formal global license from the Financial Services Regulatory Authority (FSRA) of ADGM, becoming the first cryptocurrency exchange to operate under a comprehensive regulatory framework in Abu Dhabi, marking a significant milestone for the digital asset industry [6][7] - Other fintech and digital asset companies, including iCapital and Galaxy Digital, are also expanding their operations in ADGM, indicating a growing ecosystem for digital finance [8] Group 4: Strategic Collaborations - RIQ, owned by IHC, plans to collaborate with Swiss Re to develop risk, data, and AI-driven reinsurance solutions from its base in ADGM, showcasing the center's appeal for innovative financial solutions [9] - JPMorgan is expanding its payment and treasury business from ADGM, enabling the company to offer a wide range of solutions, including liquidity management and multi-currency payment functions [10]

Core Viewpoint - The Fourth Davos Global FOF Summit will take place in Davos, Switzerland from January 19 to January 23, 2026, focusing on multilateral dialogues among global fund of funds (FOF) industry leaders [1][12]. Group 1: Event Details - The summit is hosted by the Global FOF Association and will feature various activities, including visits to UBS headquarters and the Swiss National Innovation Park [6][7]. - Notable attendees include UBS Managing Director Arwed Christensen and HarbourVest Managing Director Scott Voss, who have confirmed their participation and speeches [2][8]. Group 2: Industry Significance - The summit aims to gather over 100 influential figures from global funds and venture capital cities to discuss navigating economic cycles and exploring future directions for the fund industry [11][12]. - The Global FOF Association will release the "2025 World's Best FOF Investment Institutions List," continuing a six-year tradition of recognizing top investment institutions [13][15]. Group 3: Networking Opportunities - The event provides a unique opportunity for participants to engage with leading global LPs, discussing investment logic and strategies relevant to both dollar-denominated and RMB funds [16][18]. - Previous summits have seen Chinese GPs raise over $1 billion, highlighting the event's importance in fostering international investment relationships [16][18]. Group 4: Experience and Activities - Participants will enjoy scenic experiences, including a glacier train ride and a special forum at a mountaintop restaurant, enhancing the networking atmosphere [20][22]. - The summit is positioned as a rare chance to interact directly with top investment professionals in a picturesque setting, promoting discussions on the future of RMB funds [22][24].