Connecticut
Constellation invests in Connecticut RIA Procyon Partners
Alternative asset management platform Constellation Wealth Capital (CWC) has purchased a minority stake in Connecticut-based RIA Procyon Partners.
This investment is expected to facilitate growth and operational scaling for Procyon Partners, allowing the firm to recruit professionals and extend its reach into new markets.
Procyon Partners currently manages over $8bn in client assets and has offices in Connecticut, New York City, Long Island, Tennessee, and Maryland.
The firm focuses on institutional retirement consulting and private wealth management, assisting clients in the design, management, and optimisation of their financial strategies.
Procyon Partners CEO and co-founder Phil Fiore said: “CWC shares our commitment to client-first values, innovation, and long-term partnership.
“With their support, we’re positioned to accelerate our growth while continuing to deliver the exceptional, independent advice our clients have come to trust.”
The resources and capital from CWC will enable Procyon Partners to widen its capabilities, improve advisor support, and establish new offices across major US markets.
Procyon Partners will continue to operate independently, maintaining its focus on fiduciary responsibilities and client relationships. The firm is supported by its back-office partner, Dynasty Financial Partners.
Constellation Wealth Capital president and managing partner Karl Heckenberg said: “heir team has built a compelling, advisor-driven business with a clear growth trajectory. We look forward to partnering with them as they continue to redefine excellence in independent wealth management.”
Houlihan Lokey was the investment banking advisor for Procyon Partners during this transaction, while Dynasty Investment Bank provided support to the management team throughout the process.
In January this year, Virginia-based RIA Bogart Wealth received a minority investment from Constellation to enhance client services, technology, hiring, and marketing efforts while maintaining its independence.
Connecticut
Two people shot in New Haven restaurant Saturday evening
New Haven police say two people were shot at a restaurant on Grand Avenue Saturday evening.
One of the victims was a 22-year-old male from East Haven who was shot in the leg and was transported to Yale New Haven Hospital for treatment.
According to police, the second victim was a 17-year-old male and arrived shortly after.
While on scene, police confirmed one of the possible shooters was still inside the restaurant.
According to police, the victims were both inside the restaurant when the teen was approached by Naguea Bratton and another suspect.
They say a fight occurred which resulted in both victims being shot.
Police detained Bratton who was charged with carrying a pistol without a permit, two counts of illegal possession of a high-capacity magazine and larceny of a motor vehicle.
Bratton is being held on a $200,000 bond.
Both victims have non-life-threatening injuries police say.
They say additional arrests are expected to be completed by warrant.
Connecticut
27 Wrestlers Named State Open Wrestling Champions In Connecticut Over Weekend; Xavier Dominates Tournament
Over the weekend, the two-day CIAC State Open wrestling championships took place at the Floyd Little Athletic Center in New Haven, Connecticut.
Twenty-seven wrestlers (14 boys, 13 girls) were named champions in their respective weight classes, displaying intense wrestling featuring the best wrestlers across the state.
Championship bouts started around 4:15 p.m. on Saturday and lasted about two hours.
Below are the results from both the boys’ and girls’ state open championships.
106 lbs.: Xavier’s Josh Perez def. Stafford’s John Bean 17-2 (technical fall)
113 lbs.: Ridgefield’s Cole Desiano def. Suffield/Windsor Locks’ Peter Annis 8-0 (decision)
120 lbs.: Xavier’s Zack Dixon def. Somers’ Will Acorsi 12-0 (majority decision)
126 lbs.: Windham’s Delmazio Despard def. Xavier’s Alexander Depratti 4-3 (decision)
132 lbs.: Fairfield Warde’s Jude Grammatico def. Xavier’s Zaphyr Musshorn 2-1 (decision)
138 lbs.: Ledyard’s Lukas Boxley def. Terryville’s Ethan Bochman Rodriguez (pin)
144 lbs.: Xavier’s Braylon Gonzalez def. Ridgefield’s John Carrozza 3-1 (decision)
150 lbs.: Bristol Central’s Alex Lamarre def. Middletown’s Isaiah McDaniel 1-0 (decision)
157 lbs.: Newtown’s Antonio Arguello def. Notre Dame-West Haven’s Riley Storozuk 8-4 (decision)
165 lbs.: Gilbert/Torrington/Wolcott def. Trumbull’s Hubert Szymko 2-0 (decision)
175 lbs.: Xavier’s Vincent Rivera def. Fairfield Prep’s Jack Lilly 14-10 (decision)
190 lbs.: Xavier’s Chase Catalano def. Fairfield Warde’s Dylan O’Brien 2-1 (decision)
215 lbs.: Lyme-Old Lyme’s Taiyo Gemme def. Staples’ Julian Rousseau (pin)
285 lbs.: Shelton’s Chase Galke def. Ellington’s Jacob Palermo 3-0 (decision)
100 lbs.: South Windsor’s Sophia Gordon def. West Haven’s Isha Khanna (pin)
107 lbs.: RHAM’s Brooke Heffernan def. New Milford’s Clara Reynolds 9-2 (decision)
114 lbs.: Branford’s Ava Gambardella def. Jonathan Law’s Selena Batres 6-0 (decision)
120 lbs.: Trumbull’s Jillian Blake def. Fairfield Warde’s Monica Flores Romero 17-1 (technical fall)
126 lbs.: Ellis Tech’s Adelina Tate def. Fairfield Ludlowe’s Ashlynn Cummings (pin)
132 lbs: Amity’s Eliana Selaris def. Daniel Hand’s Evely Lavigne (pin)
138 lbs.: Stratford’s Winner Tshibombi def. Greenwich’s Gaby Aliaga 22-8 (majority decision)
145 lbs.: Stratford’s Gabriella Kiely def. New Milford’s Josephina Piel (pin)
152 lbs: Bunnell’s Matilda Tote def. Shelton’s Ella Piccirillo (pin)
165 lbs: Trumbull ‘s Marangelie Teixeira def. New Britain’s Kaydence Atkinson (pin)
185 lbs.: Platt’s Kayli Morris def. Bristol Central’s Shyann Bryan (pin)
235 lbs.: Norwalk’s Jeily Euceda def. Maloney’s Arianna Bellamy (pin)
Xavier High School (Middletown, CT) has been the most dominant wrestling program in the state in recent memory. Once again, they stole the show in the state opens, winning its fifth-straight state open title.
The Falcons had seven wrestlers compete out of the 14 state open titles in the boys’ division and had five winners with two runner-ups. As a team, they totaled 218.5 points, which was 72 more points than any other team.
Connecticut
Pedestrian killed after being struck by Amtrak train
An investigation is ongoing in Stonington after a person was fatally struck by an Amtrak train Saturday morning, according to Stonington police.
Police were notified around 11:25 a.m. by Amtrak police that a pedestrian was struck by a train between the Route 1 overpass and the Prospect Street and Palmer Street railroad crossing.
When crews arrived, they pronounced the victim dead at the scene.
The train involved is stopped while Amtrak police conduct their investigation and ask the public to avoid the area at this time.
Authorities say there is no threat to the public.
No further details were released.
-
World4 days agoExclusive: DeepSeek withholds latest AI model from US chipmakers including Nvidia, sources say
-
Massachusetts4 days agoMother and daughter injured in Taunton house explosion
-
Denver, CO4 days ago10 acres charred, 5 injured in Thornton grass fire, evacuation orders lifted
-
Louisiana7 days agoWildfire near Gum Swamp Road in Livingston Parish now under control; more than 200 acres burned
-
Technology1 week agoYouTube TV billing scam emails are hitting inboxes
-
Politics1 week agoOpenAI didn’t contact police despite employees flagging mass shooter’s concerning chatbot interactions: REPORT
-
Technology1 week agoStellantis is in a crisis of its own making
-
News1 week agoWorld reacts as US top court limits Trump’s tariff powers