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AllianceBernstein, Brookfield, and Carlyle Unveil Turnkey Private-Markets Solution for Defined Contribution Plans

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NASHVILLE, Tenn. and NEW YORK, May 20, 2026 /PRNewswire/ — AllianceBernstein Holding L.P. (NYSE: AB), Brookfield Asset Management (NYSE: BAM), and Carlyle (NASDAQ: CG) today announced a collaboration to deliver an innovative, turnkey private markets solution for Defined Contribution (DC) plans providing broader asset class diversification to retirement savers. Designed for implementation alongside an existing target-date fund or managed-account solution, “ABC [ONE]” is intended to be a single source of private-markets exposure for a DC plan’s Qualified Default Investment Alternative (QDIA). The solution will dynamically adjust private asset allocations across private credit, private real assets and private equity, depending on a participant’s stage in their retirement-savings journey.

AB, a leader in glide path design and asset allocation with $105 billion* in AUM in custom target date solutions, will manage the allocation to the three private market asset components alongside the plan’s existing QDIA, based on participants’ ages and preferences.

Global alternative investment firm Brookfield will manage the private real assets component, global investment firm Carlyle will manage the private equity component, and AB will manage the private credit component.  

ABC [ONE] is built to address changing market dynamics, with inflation-adjusted returns expected to be lower in the decade ahead and public markets offering less diversification. By incorporating private market assets with professionally managed DC retirement solutions – such as target-date funds –ABC [ONE] seeks to offer the potential to enhance returns and improve diversification alongside public market exposures.

“We’re pleased to bring together Brookfield, Carlyle and AB to provide a turnkey private markets solution to DC plans that gives retirement savers an allocation to private markets that dynamically adjusts by age,” said Onur Erzan, President of AllianceBernstein. “For more than a decade, AB has been incorporating private assets in custom target-date funds, in both the US and the UK. Based on our investment research and hands-on experience, we believe that when a plan decides to include them, it’s critical to optimize the deployment of these assets for DC participants.”

“We are excited to bring the breadth of Brookfield’s private strategies to the defined contribution space, alongside a market-leading target-date manager,” said Connor Teskey, CEO of Brookfield Asset Management. “With more than 125 years of experience owning, operating and investing in the infrastructure, energy and real estate assets that underpin the global economy, we believe private real assets offer compelling diversification benefits and differentiated return drivers that can support more stable, resilient long-term outcomes for DC participants.”

“We believe private equity can play a meaningful role in enhancing retirement outcomes over time,” said John Redett, Co-President and Head of Global Private Equity at Carlyle. “Our global private equity platform draws on decades of deep experience investing across cycles, sectors, and regions. By combining expertise with a diversified investment approach, we aim to help investors access opportunities aligned with long-term retirement needs. We’re pleased to collaborate to deliver a thoughtfully designed solution that brings together complementary strengths for DC plans.”

ABC [ONE] will use AB’s proprietary DC technology platform, which enables the firm to deliver highly customized default solutions to clients and effectively operationalize them with key business partners such as recordkeepers.

*AUM as of Q1 2026

About AllianceBernstein
AllianceBernstein (AB) is a leading global investment management firm that offers diversified investment services to institutional investors, individuals and private wealth clients in major world markets. As of April 30, 2026, AB had $881 billion in assets under management. AB is a subsidiary of Equitable Holdings, Inc., (EQH), a leading financial services holding company comprised of well-established and complementary businesses. Equitable Holdings, Inc., directly and through various subsidiaries, owns an approximate 68% economic interest in AB as of March 31, 2026. For more information about AB, visit www.alliancebernstein.com.

About Brookfield Asset Management 
Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles. For more information, please visit brookfield.com.

About Carlyle
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $475 billion of assets under management as of March 31, 2026, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,500 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

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SOURCE AllianceBernstein

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DMCC Signs Strategic Partnership with Hong Kong Tinkam Capital to Drive Industrial Investment between Hong Kong and Dubai

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DMCC and Hong Kong Tinkam Capital (HKTC) sign strategic partnership to explore development of power and energy equipment production park in Dubai Collaboration aims to support industrial investment and Chinese company expansion in UAE across advanced manufacturing, energy and green tech sectorsPartnership reinforces growing UAE-China economic ties and Dubai’s advanced manufacturing ambitionsDMCC hosts over 1,000 Chinese companies in its district

DUBAI, UAE, July 27, 2026 /PRNewswire/ — DMCC, the leading international business district that drives the flow of global trade through Dubai, has signed a strategic Memorandum of Understanding (MoU) with Hong Kong Tinkam Capital (HKTC) to explore the development of a state-of-the-art power and energy equipment manufacturing park in Dubai, reinforcing industrial cooperation and investment between the UAE and China.

The agreement establishes a framework for collaboration between both organisations to support the development of a power and energy equipment production park in Dubai while attracting upstream and downstream Chinese companies across the industry value chain in strategic sectors such as advanced manufacturing, green technology and energy.

Through the partnership, DMCC and HKTC will also facilitate knowledge exchange, promote industrial investment opportunities, and connect prospective Chinese enterprises with DMCC’s business ecosystem, reinforcing Dubai’s role as a gateway for Chinese company expansion and investment.

The high-level visit was facilitated by Wu Yufan (Elvis Wu), President of Longdy Group Greater China Region. The signing took place during a high-level visit to DMCC led by Guo Hongwei, Executive Deputy Director of the Management Committee of the New Quality Productive Forces Development Fund under the China Economic Reform Research Foundation, alongside Ye Xiongchang, Chairman of Hong Kong Tinkam Capital, and senior representatives from China’s advanced manufacturing, green tech, power and energy sectors. The delegation was welcomed by Ahmad Hamza, Chief Free Zone Affairs Officer at DMCC.

Ahmad Hamza, Chief Free Zone Affairs Officer, DMCC, said: “China remains one of DMCC’s most important strategic markets, with more than 1,000 Chinese companies now operating from our district and registrations growing at double-digit rates over the past five years. We welcome this partnership with Hong Kong Tinkam Capital that reflects our shared ambition to deepen commercial ties between the UAE and China while creating new opportunities across advanced manufacturing and energy infrastructure. By combining Hong Kong’s industrial expertise with Dubai’s world-class business environment, we are creating a platform to attract investment, strengthen industrial capabilities and support the next phase of economic growth.”

Ye Xiongchang, Chairman, Hong Kong Tinkam Capital, said: “This partnership reflects the growing momentum of the Dubai-Hong Kong investment corridor and creates a strong platform for deeper industrial collaboration between our two markets. Together with DMCC, we will explore opportunities to develop a world-class power and energy equipment manufacturing ecosystem in Dubai while supporting Chinese enterprises looking to establish and grow their presence in the UAE. By connecting industry, investment and expertise, we can help businesses access new markets and contribute to the region’s long-term industrial development.”

The MoU provides a framework for both organisations to cooperate on identifying investment opportunities, engaging prospective enterprises, sharing expertise and supporting projects that contribute to the development of Dubai’s industrial and energy ecosystem.

The agreement builds on the rapidly expanding economic relationship between the UAE and China. China remains the UAE’s largest trading partner, while DMCC is home to more than 1,000 Chinese companies operating across sectors including energy, technology, construction, financial services and precious metals and stones.

About DMCC
DMCC is a leading international business district that drives the flow of global trade through Dubai. We make it easier for our members to do business, helping them access the world’s fastest growing markets from a dynamic district that offers everything they need to thrive. This approach is why we are the preferred location for over 26,000 top multinationals and high-impact startups, contributing significantly to Dubai’s position as a global hub for trade and innovation. DMCC is where the world does business.

For more information, visit dmcc.ae.

About HKTC
HKTC is headquartered in Hong Kong, an international financial hub, and operates as a comprehensive financial group specializing in global asset allocation and cross-border capital management. The company focuses on two core areas—international trade and financial investment—and is committed to playing a pivotal role amid the ongoing transformation of the global economic landscape.

HKTC keenly identifies the opportunities presented by the reconfiguration of emerging industries, actively leverages Hong Kong’s unique role as a super connector, and adheres to highly compliant international operational standards to professionally guide China’s high-quality production capacity toward global deployment. We are not merely capital providers but also architects for industrial implementation—providing robust momentum for Chinese enterprises’ establishment and growth in overseas markets through innovative financial instruments and comprehensive capital services.

Especially in high-potential growth markets such as the Middle East, Southeast Asia, and Africa, HKTC has established a robust resource network and localized service capabilities. Leveraging world-class trade hubs like the Dubai Multi Commodities Centre (DMCC) as strategic pivot points and capitalizing on its exceptional ecosystem that aggregates global resources, we assist China enterprises in overcoming geographical constraints to precisely align advanced production capacities with the economic development needs of host countries. Throughout this process, HKTC consistently adheres to the philosophy of “co-deliberation, co-construction, and shared benefits,” emphasizing deep integration with local economies to achieve long-term win-win outcomes for Chinese capital, Chinese technology, and host country development, thereby truly enabling Chinese production capacities to take root and flourish overseas.

In the future, HKTC will continue to collaborate with world-class partners such as DMCC to empower more enterprises to access the fastest-growing markets globally, serving as a vital financial bridge that facilitates seamless economic circulation between China and the world economy.

View original content:https://www.prnewswire.com/apac/news-releases/dmcc-signs-strategic-partnership-with-hong-kong-tinkam-capital-to-drive-industrial-investment-between-hong-kong-and-dubai-302835102.html

SOURCE Dubai Multi Commodities Centre

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TGT Technology at MWC 2026: Focus on Edge Intelligence to Build the “Hub” for Global Information Services in the AI Era

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SHANGHAI, July 27, 2026 /PRNewswire/ — From June 24 to 26, TGT Technology made its debut at the 2026 MWC Shanghai under the theme “AI-Empowered, Edge Intelligence,” showcasing its strategic transition from a “connectivity service provider” to a “leader in omnichannel intelligent connectivity solutions.” As a globally leading cloud communications (AIoT) service platform, TGT Technology is redefining the infrastructure landscape of the edge intelligence era.

TGT Technology’s booth remained consistently bustling, drawing significant attention from global customers, telecom operators, and industry partners.

Focusing on “Cloud Communications + Edge AI” to Build an Autonomously Evolving Intelligent Entity

“In the AI era, the efficiency of data flow determines the boundaries of intelligence,” said Mr. Henry Zhang, Founder, Chairman, and CEO of TGT Technology. Leveraging global connectivity data accumulated from tens of millions of endpoints, TGT Technology’s global cloud communications (AIoT) service platform is evolving from a passive connectivity pipeline into a “decision-making brain” with autonomous learning capabilities.

TGT has built a unique “cloud-edge collaboration” architecture: the cloud efficiently schedules massive amounts of data, while the edge performs real-time inference and decision-making at the endpoint, effectively addressing the three core challenges of latency, bandwidth, and privacy and security. Its proprietary vertical-domain agents can proactively sense scenario requirements, enabling end-to-end intelligence—from intelligent scheduling of network resources to dynamic optimization of connectivity strategies—and providing global enterprise customers with continuously evolving intelligent connectivity capabilities.

Deep integration of “cellular + satellite” expands coverage across land, air, and space

The large-scale implementation of edge intelligence begins with ubiquitous connectivity. Through strategic partnerships with leading global satellite operators, TGT Technology has established a layered connectivity architecture comprising “near-field Wi-Fi/Bluetooth, wide-area 4G/5G, and airspace MEO/LEO,” achieving continuous coverage from the ground to low altitudes and up to high altitudes.

vSIM/eSIM Technological Innovation: Connecting Millions of AI Devices

Through its independently developed vSIM/eSIM technology suite, the TGT platform has connected millions of AI devices, covering a diverse range of categories, including smartphones, portable mobile devices, smart wearables, in-vehicle devices, and industrial IoT gateways. As one of the few platforms in the industry to offer a complete technology suite—including CloudSIM, SoftSIM, eSIM, and iSIM—TGT Technology is emerging as a critical foundation for AI infrastructure.

Learn more: https://en.tugegroup.com/
Partnerships: sales@51tgt.com

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SOURCE TGT Technology

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HashKey Exchange Launches New Flagship Crypto Trading App

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HONG KONG, July 27, 2026 /PRNewswire/ — HashKey Holdings Limited (3887.HK), a comprehensive Asian digital asset group, announced a landmark global product and brand strategy launch with a new flagship Crypto Trading App featuring a “multi-site unification” model now made available to users.

The two previously separate applications (HashKey Exchange and HashKey Global) have been successfully merged into a single portal. Under strict compliance boundaries, this upgrade integrates core jurisdictional hubs including Hong Kong, Singapore, the Middle East (Dubai), and Bermuda. The company enters into a new phase of efficient synergy across core compliant markets in Asia and worldwide, serving as a key operational milestone for its core “Asia Connect” strategy at the product infrastructure layer.

In the early stages of the compliant virtual asset industry, licensed exchanges typically operated under regional “siloed” models due to varying legal and regulatory requirements across countries. The core of the “multi-site unification” lies in “unified entry, localized compliance.” Users can now download a single application to seamlessly manage their compliant accounts across the Hong Kong, Global, Singapore, or Middle East regions within the same App based on their respective KYC (Know Your Customer) and KYB (Know Your Business) credentials. While front-end interfaces are aggregated, underlying services remain strictly bound to local regulatory frameworks through rigorous localized management. Regional features within the App are accessible only to users meeting specific local criteria and users in unauthorized countries or regions cannot access restricted station features, streamlining user interaction paths while clearly adhering to compliance redlines.

With the official launch of the new App, HashKey Exchange has standardized its service dimensions for each site according to the latest local licensing qualifications. By adding and deeply integrating multi-regional sites, the platform offers investors a secure, compliant, and diversified global digital asset trading ecosystem.

HashKey Hong Kong (Base Hub): Focuses primarily on spot trading with robust OTC capabilities—supporting fiat on/off-ramps for 4 fiat currencies and around 40 digital assets. Additionally, it features a wealth management section covering various tokenized assets and compliant on-chain financial products, catering to both retail and Professional Investors (PI) with competitive asset allocation options.

HashKey Singapore: Focuses mainly on OTC block trading and supports opening same-name virtual accounts. Minimum OTC orders start at $10 USD, with single-transaction caps up to $50 million USD for corporate clients and $8 million USD for individual clients across 21 cryptocurrencies.

HashKey Middle East: Provides spot trading and proprietary brokerage services.

HashKey Global: Focuses on derivative trading scenarios, serving international compliant users while strictly isolating restricted local jurisdictions.

Alongside expanding its service footprint, the App has undergone comprehensive feature upgrades. The new system integrates a Web3 wallet service portal isolated from centralized exchange operations, offering users a compliant gateway to explore the on-chain ecosystem.

For institutional users seeking high-security asset allocation, the unified HashKey Exchange App delivers rigorous cybersecurity protection backed by multi-jurisdictional licensing. Driven by ongoing technical upgrades, the platform maintains industry-leading digital asset insurance coverage to safeguard a smooth and secure trading experience. From its roots in Hong Kong to deep anchors in financial hubs like Singapore and the Middle East, HashKey Exchange is weaving fragmented footholds into a seamless, fast, global compliant trading network. Moving forward, HashKey Exchange will continue using the Pan-Asian region as its core connection to expand the boundaries of financial infrastructure for compliant digital assets.

About HashKey Exchange

HashKey Exchange is a digital asset exchange under the listed company HashKey Holdings Limited (3887.HK), dedicated to setting new benchmarks for virtual asset exchanges in compliance, fund protection, and platform security. Hash Blockchain Limited (HashKey Exchange) is among the first batch of licensed retail virtual asset exchanges in Hong Kong. It currently holds Type 1 (Dealing in securities) and Type 7 (Providing automated trading services) licenses under the Securities and Futures Ordinance (SFO), as well as the Virtual Asset Service Provider (VASP) license under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) granted by the Securities and Futures Commission (SFC) of Hong Kong. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. In compliance with laws and regulations, HashKey Exchange does not provide services to users in Mainland China, the United States, and certain other jurisdictions.

HashKey Exchange News Release & Advertising Standard Terms and Disclaimer

Disclaimer: Service content and available features for each station are provided in accordance with applicable local laws, regulations, regulatory requirements, and licensing scopes, and may vary depending on the compliance requirements of different jurisdictions.

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SOURCE HashKey Exchange

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