Heat-pump water heaters just keep getting better

Published on August 27, 2026

Last November, Jonathan Cohen needed a new water heater for the house he and his wife had recently purchased. The labor economist at Amazon was keen to get a heat-pump water heater , a superefficient electric technology that could save him money on his utility bills. Thorough by nature, he emailed 12 plumbers to ask…

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Two exits and a writeoff for Rockefeller and MacArthur’s Zero Gap Fund

August 27, 2026
The Rockefeller and MacArthur foundations teamed up in 2019 to deploy capital for innovative financing initiatives to close what was then estimated to ...The post Two exits and a writeoff for Rockefeller and MacArthur’s Zero Gap Fund appeared first on ImpactAlpha.

Genstar Capital to sell First Eagle to Victory Capital in $7bn deal

August 27, 2026
Private equity firm Genstar Capital is set to sell asset manager First Eagle Investment Management to Victory Capital in a transaction valuing the business at approximately $7bn, according to a report by the Wall Street Journal.The deal will see Victory Capital pay around $4.4bn in cash and issue approximately $2bn of its own shares to the sellers. The buyer will also assume $575m of First Eagle’s