Borgman Capital has made an investment in CMW Equipment, a St. Louis, Missouri-based distributor of concrete production and roadwork equipment. No financial terms were disclosed.
The UK Office of Financial Sanctions Implementation (OFSI) has imposed a £1M+ penalty against travel technology provider Sabre Global Technologies Limited (SGTL). The enforcement action represents the largest monetary penalty levied for a breach of Russian financial sanctions since the 2022 invasion of Ukraine, signalling an aggressive regulatory shift toward policing active circumvention. The case…
U.S. President Donald Trump speaks during an event to mark the launch of “Trump Accounts” in the Oval Office at the White House in Washington, D.C., U.S., July 6, 2026. Evan Vucci | Reuters Trump Accounts officially launched on July 4, introducing a new tax-deferred investing option for children. Unlike 529 college savings plans and…
At a time when the industry is clearly bifurcating along performance and fundraising, our awards recognise and platform the managers and service providers delivering true value. Entries close soon. By Aftab Bose, London At an LP-GP workshop we hosted recently, I asked a top UK allocator to visualise himself behind his laptop, in a scenario…
The IRS’s outside technology advisory panel called on Congress to provide stable, multiyear funding; expand the use of artificial intelligence; and simplify tax administration. It also warned that resource constraints and complexity risk undermining recent modernization gains. In its 2026 Annual Report to Congress issued Wednesday, the Electronic Tax Administration Advisory Committee outlined a broad…
MAIDSTONE, England — Izzy Woodrow is a believer. Four weeks ago, he joined the small but growing number of Brits who have bought a Chinese-made vehicle. “I’ve got a car that I enjoy driving [and is] super comfy. It’s very quiet and the fit and finish is great and the technology experience is enjoyable ” Woodrow…
Three people died and seven others were rescued Friday after a boat capsized in Geneva Lake as a strong storm passed through southern Wisconsin, an official said. Many injuries were reported in Wisconsin’s Walworth County after the storm toppled trees, knocked down power lines and damaged buildings, said Tom Hausner, undersheriff for the Walworth County…