High-grading accelerates as refinancing risk reshapes PE portfolios Investors are moving into a later stage of the cycle where portfolio quality matters more than expansion, according to…

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Dec 23, 2025
High-grading accelerates as refinancing risk reshapes PE portfolios Investors are moving into a later stage of the cycle where portfolio quality matters more than expansion, according to…
Dec 22, 2025
Top private equity news of the week J.P. Morgan Asset Management’s Private Equity Group has closed its 12th flagship fund, Global Private Equity XII, above target at $1.44bn. The close exceeded the…
Dec 22, 2025
Private equity’s 2026 bottleneck is exits, according to Preqin data Private equity is entering 2026 in a markedly different position from the rapid expansion years that followed the pandemic,…
Dec 19, 2025
Old structures, new relevance: the quiet return of investment trusts Listed private equity has long been treated as a museum piece, a product from another era, illiquid at the wrong moments and…
Dec 18, 2025
EQT Growth joins $330m Lovable round to scale AI-driven software building Lovable has raised $330m in new funding to scale its AI-driven software creation platform, as private equity and growth…
Dec 18, 2025
Elliott builds $1bn-plus Lululemon stake as retailer prepares for CEO transition Elliott Investment Management has accumulated a stake of more than $1bn in Lululemon Athletica, according to a report…
Dec 18, 2025
Cerberus hires former US cyber ambassador to scale defence strategy Cerberus Capital Management has appointed Nathaniel Fick as chief strategy officer for equities, creating a new role focused on…
Dec 18, 2025
Criteria raises Naturgy stake to 26% after BlackRock sale Spain’s Criteria has increased its stake in energy group Naturgy to nearly 26% after acquiring a 2% holding from BlackRock. The transaction…
Dec 18, 2025
Carlyle brings in Goldman Sachs as race heats up for $22bn Lukoil assets Carlyle has appointed Goldman Sachs to advise on a bid for Lukoil’s overseas assets, according to people familiar with the…
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Dec 18, 2025
Arctos investment and QIA top-up fuel Monumental Sports expansion plans Monumental Sports & Entertainment has added Arctos Partners as a minority investor, strengthening its ownership group as…
Dec 18, 2025
Ares backs Dubai multifamily office with $100m private credit facility Ares Management has provided a $100m financing facility to Dubai-based multifamily office Patrimium, deepening its push into…
Dec 18, 2025
Germany launches $152bn fund to crowd in private equity capital Germany’s government is launching a “Germany Fund” designed to mobilise up to $152bn in private investment for higher-risk projects,…
Dec 18, 2025
Blackstone triples European wealth partnerships in private markets push Blackstone has sharply expanded its European private wealth distribution network as it seeks to attract more capital from the…
Dec 17, 2025
Warburg Pincus and KKR among bidders circling $1.5bn TPG-backed XCL Global private equity firms including Warburg Pincus and KKR are weighing bids for XCL Education, a Southeast Asian school…
Dec 17, 2025
TA Associates takes majority stake in PairSoft as Turn/River exits TA Associates has agreed to acquire a majority stake in PairSoft, a provider of procure-to-pay automation and payment software. The…
Dec 17, 2025
Carlyle launches tender offer for $951m Japanese medical products maker Hogy Carlyle has launched a tender offer to acquire Hogy Medical, marking another private equity-led take-private in Japan….
Dec 17, 2025
Baillie Gifford and GIC back Toss in secondary fintech investment South Korean fintech platform Toss has secured additional backing from investors including Baillie Gifford and Singapore sovereign…
Dec 17, 2025
Energy Capital Partners returns $5.5bn to investors after record exit year Energy Capital Partners has returned more than $5.5bn to investors in 2025, marking one of its most active years since…
Dec 17, 2025
KKR-backed Avendus sale gives Mizuho $516m entry into India investment banking Mizuho Financial Group has agreed to acquire a controlling stake in Avendus Capital, an investment bank backed by KKR,…
Dec 17, 2025
Apollo weighs $12bn-plus exit from Atlas Air Apollo Global Management is exploring a potential sale of Atlas Air Worldwide Holdings, according to people familiar with the matter cited by Bloomberg….
Dec 17, 2025
Warburg Pincus invests in Acclime to back Asia Pacific business services expansion Warburg Pincus has signed an agreement to invest in Acclime, a corporate and business services platform operating…
Dec 17, 2025
Blackstone, Carlyle, and Hellman&Friedman-backed Medline delivers $6.3bn IPO Medline has raised $6.26bn in an upsized initial public offering, marking the largest IPO globally in 2025. The…
Dec 16, 2025
J.P. Morgan closes $1.44bn flagship private equity fund above target J.P. Morgan Asset Management’s Private Equity Group has closed its 12th flagship fund, Global Private Equity XII, above target at…
Dec 16, 2025
Levine Leichtman backs USA Industries in new lower mid-market platform deal Levine Leichtman Capital Partners has acquired USA Industries from Sky Island Capital, partnering with management to back…
Dec 16, 2025
KKR backs Premialab in $220m push into Middle East growth technology KKR has agreed to invest $220m in Premialab, a global provider of data, analytics, and risk management solutions for quantitative…
Dec 16, 2025
TPG reworks $600m Anastasia Beverly Hills investment through restructuring TPG has exited most of its position in Anastasia Beverly Hills as part of a debt restructuring process, reducing its stake…
Dec 16, 2025
Stone Point pilots $1bn evergreen fund to tap retail wealth capital Stone Point Capital is piloting a new evergreen private equity fund of around $1bn, as it seeks to expand its reach into the…
Dec 16, 2025
Longreach weighs Wendy’s Japan sale as fast-food consolidation accelerates Longreach Group is considering the sale of its majority stake in Wendy’s First Kitchen in Japan, according to sources cited…
Dec 16, 2025
Kering and Ardian seal $900m Fifth Avenue joint venture in New York Kering and Ardian have finalised a $900m joint venture agreement covering a flagship retail property on Fifth Avenue in New York….
Dec 15, 2025
Top private equity news of the week Apollo Global Management has acquired a minority stake in Wrexham AFC, adding one of Europe’s fastest-growing football projects to its expanding sports portfolio,…
Dec 15, 2025
Orange’s $5bn move for MásOrange brings Lorca private equity exit into focus Orange has moved closer to full ownership of Spanish telecoms group MásOrange after agreeing to buy Lorca’s 50% stake for…
Dec 15, 2025
Alphabet eyes fresh paper gains as SpaceX valuation reaches $800bn Alphabet is poised to record another unrealised gain following a tender offer that values SpaceX at about $800bn, according to…
Dec 15, 2025
RRJ-backed Gategroup prepares Zurich IPO with bank appointments Gategroup has appointed Bank of America, Morgan Stanley, and UBS to prepare for a potential IPO in Zurich, according to sources cited…
Dec 15, 2025
J.P. Morgan Asset Management launches first tokenised money market fund on Ethereum J.P. Morgan Asset Management has launched its first tokenised money market fund, expanding its digital asset…
Dec 15, 2025
Triton makes UK entry with new technical services platform Tendra Triton has entered the UK market with the formation of Tendra Technical Services, marking the first UK investment by its Smaller…
Dec 15, 2025
SK Capital emerges as frontrunner in $1.8bn Swixx process SK Capital Partners is closing in on a deal to acquire Swiss drug distribution group Swixx Biopharma, according to Bloomberg. The…
Dec 15, 2025
Mutares cashes in on €200m Fuentes logistics deal Mutares has completed the sale of Fuentes Quality Logistics to a consortium led by the Ontime franchise and the company’s founding family. The…
Dec 15, 2025
Nomura steps up private debt push as Japan’s lending market shifts Nomura is seeking acquisitions in private debt asset management as it accelerates its push into alternative investments, chief…
Dec 15, 2025
Costa Coffee deal hangs in balance as Coca-Cola and TDR renegotiate Coca-Cola is holding last-ditch negotiations with private equity firm TDR Capital as it attempts to salvage the sale of Costa…