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Friday, September 25, 2026The Morning Brief →Sign in
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CRD: 323356
In PWD coverage since September 5, 2026 · 2 stories
Regulatory AUMSEC Form ADV · Sep 18
1Deals on our tracker
Regulatory AUM · Sep 4 – Sep 18
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Sep 24, 26Deal closedHudson Bay Capital · Nscale · Nvidia · Apollo · Abu Dhabi Investment Council · Third Point · Citadel · $3.4B — coverage
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Nscale's $3.36 billion raise is a bet on 5 percent energized GPUs

The notes convert to ordinary shares at listing, so the pre-IPO money is a wager on the public price, not on a data center fleet that is 5 percent switched on.
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