Fund Friday: Top fundraising news in private equity FS KKR Capital Corporation, a publicly traded private credit vehicle managed by KKR, reported an increase in troubled loans and lower…

BlackRock’s GIP and EQT line up potential $12.4bn AES takeover Global Infrastructure Partners and EQT are in advanced discussions to acquire US power producer AES Corp., Bloomberg reports. A…

Advent among suitors as Senior draws $1.78bn takeover interest Advent International is among potential bidders for Senior plc, which disclosed it has received five takeover proposals in recent…

Calpers unfazed by AI-driven software risks in $1.8tn private credit market California Public Employees’ Retirement System remains confident in its private credit exposure despite rising concerns…

Blackstone, CVC and Brookfield bid for VW’s $9.44bn Everllence carve-out Volkswagen AG has received preliminary bids valuing its diesel engine unit Everllence at around €8bn, equivalent to…

Advent seals takeover of Southeast Europe’s fast-growing tbi bank Advent International has finalised its acquisition of tbi bank after receiving regulatory clearance from the European Central Bank…

Saudi AI boom draws buyout interest as QST explores strategic options Quantum Switch Tamasuk is evaluating strategic options, including a potential sale of its Saudi data-centre business, in a…

KKR’s $13bn FSK fund adapts to shifting private credit landscape FS KKR Capital Corporation, a publicly traded private credit vehicle managed by KKR, reported an increase in troubled loans and lower…

Blackstone private credit fund prices $400m 2029 bond amid software volatility A publicly traded private credit vehicle managed by Blackstone has priced a $400m bond due in 2029 at a yield of 2…

Plaid returns to $8bn valuation in employee liquidity funding round Plaid Inc. has secured an $8bn valuation in a new funding round designed to provide liquidity to employees, says Bloomberg….

Equinix and CPPIB near $4bn deal for Nordic data centre operator atNorth Equinix and Canada Pension Plan Investment Board are close to acquiring pan-Nordic data-centre operator atNorth in a…

Carlyle sets $200bn inflow target by 2028 as turnaround gains traction Carlyle Group expects to raise at least $200bn in inflows by the end of 2028, accelerating fundraising compared with the $158bn…

Toyota moves to unwind $19bn in cross-shareholdings amid reform drive Toyota Motor Corp. is planning to unwind approximately ¥3tn in strategic shareholdings held by banks and financial institutions,…

Arcmont secures $1.62bn for complex European private credit strategy Arcmont Asset Management has completed the final close of Capital Solutions Fund II and associated vehicles at approximately…

Oaktree explores $2.7bn exit options for UK wealth manager Utmost Oaktree Capital Management is exploring a sale or London initial public offering of Utmost Group that could value the company at…

La Caisse grows to $378bn after 9.3% return amid PE headwinds Caisse de Depot et Placement du Quebec generated a 9.3% overall return in 2025, lifting net assets to C$517bn, equivalent to…

Apollo and BNP Paribas join forces to expand European private credit Apollo Global Management and BNP Paribas are close to finalising a partnership to originate private credit loans for European…

Blackstone and Centerbridge among bidders circling $1bn MarineMax opportunity Blackstone, Centerbridge Partners, and TPG are among investors exploring a potential acquisition of MarineMax, Reuters…

CD&R’s $6.2bn Sealed Air takeover wins shareholder backing and EU clearance Clayton, Dubilier & Rice has secured shareholder approval for its $6.2bn acquisition of Sealed Air, days after…

Valuation differences halt EQT’s Oxford Biomedica takeover push EQT has opted not to proceed with a takeover offer for Oxford Biomedica after the British cell and gene therapy manufacturer rejected…

Novacap closes $3.8bn Tech Fund VII, surpassing target by over $1bn Novacap has closed its Technologies Fund VII at nearly $3.8bn, exceeding its $2.75bn target by more than $1bn in under a year, the…

L Catterton partner Todd Bartee takes helm at Tonal as private equity reshapes connected fitness L Catterton has strengthened its operational oversight at portfolio company Tonal by appointing…

Private equity backs next-generation football formats with $185m-plus in capital Private capital is increasingly flowing into digital-first, small-sided football leagues as investors seek exposure…

BTG funds to invest $1.05bn in Raízen as Shell and Cosan advance recap plan Shell and Cosan are advancing talks to recapitalise their Brazilian joint venture Raízen, with private equity funds…

CVC-owned Syntegon raises $1.89bn debt to fund $648m shareholder dividend CVC Capital Partners-backed Syntegon has increased its debt load by 40% to €1.6bn, equivalent to approximately $1.89bn, in…

One River expands to $3bn AUM with acquisition of LGT Capital quant arm One River Asset Management has agreed to acquire the quantitative investment unit of LGT Capital Partners, a move that will…

General Atlantic tests $550bn ByteDance valuation in secondary stake sale General Atlantic is marketing a secondary sale of shares in ByteDance that values the Chinese social media group at $550bn,…

Private equity triples London office footprint with $1.68bn retrofit push Private equity firms have more than tripled their share of London office acquisitions over the past three years, now…

Gencom accelerates New York hotel buying spree with family office backing Family office capital is increasingly driving large-scale US hospitality transactions, with more than half of the equity…

Software reset prompts recalibration across private equity portfolios US software stocks suffered another wave of selling as investors intensified concerns that artificial intelligence could…

PIF unit Jada to ramp up private credit as Stride targets $200m Saudi deployment Jada Fund of Funds, a subsidiary of Public Investment Fund, plans to expand its allocation to private credit,…

KKR lines up $1bn IPO exit for Global Medical Response KKR-backed Global Medical Response has appointed banks for a potential US initial public offering that could raise around $1bn, according to…

Bain and Lone Star advance in $1.9bn bid race for Mitsubishi Electric auto unit Bain Capital and Lone Star Funds have progressed to the second round of bidding for Mitsubishi Electric’s automotive…

General Atlantic and Blackstone among investors in $2.5bn Banamex stake sale Citigroup has agreed to sell a 24% stake in its Mexican unit Banamex for approximately $2.5bn to a consortium of…

OMERS reports $8.2bn net income in 2025 as private equity lags broader portfolio OMERS delivered a 6% net investment return in 2025, generating $8.2bn in net investment income and increasing total…

Top private equity news of the week India’s Indian Premier League has emerged as a serious private equity target, with global firms including KKR, Blackstone, Partners Group, and CVC Capital…

KKR tests software market with potential $1.5bn BMC Helix sale KKR is exploring a sale of BMC Helix that could value the AI-driven IT service management platform at up to $1.5bn, Reuters reported….

Private equity firms eye $2bn Permian asset sale as ConocoPhillips streamlines portfolio ConocoPhillips is exploring a potential $2bn sale of selected Permian Basin assets, according to…

Ardian opens private equity to 5.6m UK DC savers through Legal & General partnership Ardian has partnered with Legal & General to provide private equity exposure to 5.6m UK defined…