Blackstone backs Empower’s drive to widen private markets access Empower has partnered with Blackstone to expand private markets access across US defined contribution retirement plans. Under the…

Arab Energy Fund leans into private equity to drive $12bn investment wave The Arab Energy Fund is stepping up its private equity activity as it seeks to drive a new wave of energy investments across…

Saudi investor Jadwa launches credit fund to ride M&A momentum Jadwa Investment is raising up to $200m for its first blind-pool private credit fund, as Saudi Arabia and the wider Gulf emerge as…

Lenders circle €2bn financing as Astorg prepares IQ-EQ sale Astorg is preparing to kick off a sale of fund services group IQ-EQ, with lenders lining up around €2bn of buyout financing as private…

Sixth Street raises €3.75bn as European direct lending scales up Sixth Street has raised €3.75bn for its latest European direct lending fund, underscoring the continued expansion of private credit…

Apollo seeks to make $3.5bn xAI chip loan tradable Apollo Global Management is attempting to open secondary trading on a $3.5bn private credit deal backing Elon Musk’s artificial intelligence…

Ares upsizes $1.6bn loan as private credit leans on deal portability Ares Management has led a group of private credit lenders in increasing financing for Veritas Capital’s acquisition of Global…

Bain Capital completes succession as David Gross becomes sole managing partner Bain Capital has named David Gross as its sole managing partner, marking the culmination of a multi-year leadership…

Coller Capital raises $17bn as secondaries cement core role in portfolios Coller Capital has raised $17bn for its global private equity secondaries platform, underlining the rapid…

Ares raises $7.1bn for credit secondaries in largest inaugural fundraise Ares Management has raised approximately $7.1bn for its Credit Secondaries strategy, including the final closing of its…

CVC-backed Global Sport Group launches €2.7bn debt raise to fund sports dealmaking Global Sport Group, the sports investment vehicle owned by CVC Capital Partners, has kicked off a €2.7bn…

Warburg Pincus weighs €1.5bn defence fund as European rearmament accelerates Warburg Pincus is considering raising a dedicated defence investment fund targeting between €1bn and €1.5bn, according to…

LGT-backed Teneo accelerates M&A to scale global advisory platform Teneo has struck deals to acquire two international advisory businesses as part of its first M&A push since securing…

Banks line up up to €900m of leverage for Golden Goose buyout Goldman Sachs, JPMorgan, and UBS are arranging between €800m and €900m of debt to finance HSG’s acquisition of Italian luxury sneaker…

Golden State Warriors parent tests $11bn valuation in minority stake sale Golden State Group, the holding company of the NBA’s Golden State Warriors, is seeking investors for a minority stake that…

Blackstone and KKR tapped as RedTape explores private equity exit The founders of Indian footwear and apparel brand RedTape are exploring the sale of a majority or full stake in the business at a…

Carlyle, Chevron and Quantum Capital emerge as frontrunners for $22bn Lukoil asset carve-up The Carlyle Group is among the frontrunners to acquire Lukoil’s international asset portfolio, valued at…

Blackstone explores £1bn sale of UK rental platform Leaf Living Blackstone has hired advisers to explore a potential sale of its UK rental housing platform Leaf Living, in a transaction that could…

CD&R targets $26bn as mega-fundraising tests LP appetite Clayton, Dubilier & Rice is seeking $26bn for its next flagship buyout fund, in what would rank among the largest private equity…

Top private equity news of the week KKR has agreed to acquire Arctos Partners in a transaction valuing the sports and secondaries investor at about $1bn, according to Bloomberg. The deal includes…

GTCR completes $24.25bn Worldpay sale to Global Payments GTCR has completed the sale of Worldpay to Global Payments in a $24.25bn cash-and-stock transaction, concluding one of the largest strategic…

Mutares makes $450m bet on SABIC carve-out to launch chemicals platform Mutares has agreed to acquire the Engineering Thermoplastics Business in the Americas and Europe from SABIC in a $450m…

NBA targets $1bn valuations as it courts investors for Europe league National Basketball Association is seeking to attract private capital for a new European basketball league, pitching potential…

CVC co-founder’s Luxembourg family office grows to €1.37bn in book value The Luxembourg-based family office of CVC Capital Partners co-founder Rolly van Rappard has sharply increased in value, the…

Apheon hits hard cap on €1.25bn fund, signalling LP confidence in mid-caps Apheon Management has closed its sixth flagship fund at a €1.25bn hard cap, reinforcing investor appetite for mid-market…

BrainCo heads for Hong Kong IPO as China’s brain-tech champions go public BrainCo, a Chinese startup developing brain-computer interface technology, has filed confidentially for a Hong Kong initial…

F1 champion Nico Rosberg doubles VC assets as celebrity-backed funds gain traction Former Formula One world champion Nico Rosberg has raised $100m for his venture capital firm, Rosberg Ventures,…

Private equity investors offload $110bn of ageing fund stakes as exits stall Private capital investors sold a record $110bn of stakes in ageing funds in 2025, as difficult exit conditions pushed…

LGT Capital Partners anchors Guggenheim’s $250m private debt fund Guggenheim Investments has closed a $250m private debt fund, with LGT Capital Partners leading commitments, as institutional…

Fund Friday: Top fundraising news in private equity Warburg Pincus has raised $3bn for its latest financial services fund, bucking a broader slowdown in private equity fundraising and reinforcing…

Onex leans on continuation vehicle as it readies flagship comeback Onex has raised $1.6bn for a continuation fund that will allow the private equity firm to hold on to three core assets as it…

Bain tests IPO window with Bob’s Discount Furniture filing Bain Capital-backed Bob’s Discount Furniture has filed confidentially for a US initial public offering, as private equity sponsors test…

US rules to curb institutional home buying won’t force PE sales, Bessent says Private equity firms will not be forced to sell existing single-family homes under proposed US measures aimed at curbing…

L Catterton backs Good Culture as cottage cheese boom gathers pace L Catterton has agreed to buy a majority stake in US cottage cheese brand Good Culture in a transaction valuing the business at…

Anta Sports moves on Puma stake as Pinault family weighs options China’s Anta Sports Products has made an offer to acquire the Pinault family’s 29% stake in German sportswear group Puma, opening the…

Apollo warns AI spending could squeeze investment-grade debt Apollo Global Management has become more selective on new investments as geopolitical risk rises and artificial intelligence spending…

RRJ launches Asia credit push with $1.1bn first close RRJ Capital has secured $1.1bn at the first close of its debut private credit fund, as global managers push deeper into Asia’s underpenetrated…

Paul Allen estate exits Cercano as $10.5bn wealth manager goes employee-owned The estate of Microsoft co-founder Paul Allen has sold its stake in Cercano Management, completing a further unwind of…

Blackstone lines up $2.6bn debt package to fund power grid merger Blackstone is preparing a $2.6bn debt financing to support its plan to merge two power grid equipment suppliers, testing investor…