Top private equity news of the week Nestlé has formally launched the sale of a stake in its water business, setting in motion one of the largest consumer carve-outs to hit the European private…

Asterion considers partial exit from Retelit via data centre sale Retelit is exploring a potential sale of its data centre business that could value the unit at up to €700m, according to sources…

Mubadala exits Arcadia as Bansk takes full control of healthcare platform Mubadala has completed the sale of its minority stake in Arcadia Consumer Healthcare, drawing to a close a four-year…

Neos-backed Forgent targets $1.62bn IPO as AI data centre demand surges Forgent Power Solutions is seeking to raise as much as $1.62bn in a US initial public offering, according to a report by…

Bridgepoint and Triton circle Spire as UK hospital group weighs PE sale Spire Healthcare has entered early discussions with private equity firms including Bridgepoint and Triton, as the UK’s largest…

Eldridge and Carlyle AlpInvest launch diversified credit platform with $1.5bn of capital Eldridge has partnered with Carlyle AlpInvest to launch a new diversified credit platform and close its…

Blackstone targets Asia’s private investors as hiring accelerates Blackstone is expanding its private wealth team across Asia as it seeks to capture growing demand for private market products among…

Franklin Templeton consolidates private credit with Alcentra merger Franklin Templeton is merging Alcentra into Benefit Street Partners, streamlining its private credit operations as scale becomes…

Blackstone-backed Leica weighs €1bn sale as interest builds Leica Camera’s owners are considering a sale of a controlling stake in the German camera maker that could value the business at about…

CVC strikes $1.2bn deal for US credit manager Marathon CVC Capital Partners has agreed to acquire Marathon Asset Management in a transaction valued at up to $1.2bn. The Amsterdam-listed buyout firm…

Sports’ Saturday: Top sports news in private equity CVC Capital Partners is looking to raise €2.75bn, or $3.2bn, of long-dated debt secured against its Global Sports Group franchise, in an unusual…

Lone Star backs airport services growth with Alliance Ground deal Lone Star Funds has signed an agreement to acquire Alliance Ground International, a North American airport services provider, in a…

Waterland weighs €1bn-plus sale of AI consultancy Xebia Waterland Private Equity is exploring a potential sale of Xebia that could value the artificial intelligence consultancy at about €1bn,…

Pinegrove raises $2.2bn to capitalise on venture secondaries boom Pinegrove Opportunity Partners has raised $2.2bn for a new venture secondaries fund, adding momentum to a fast-growing segment of…

Oaktree, Anchorage step into $1.1bn First Brands DIP loan Oaktree Capital Management and Anchorage Capital have taken positions in First Brands Group’s $1.1bn debtor-in-possession loan, stepping…

Private equity-backed DayOne targets $20bn valuation in US listing DayOne Data Centers is exploring a US initial public offering that could value the business at as much as $20bn, as investor…

Thoma Bravo’s Orlando Bravo warns of AI FOMO as valuations surge Venture capital firms are aggressively chasing artificial intelligence investments amid rising fear of missing out, according to…

CVC taps investment-grade markets with €2.75bn raise against sports assets CVC Capital Partners is looking to raise €2.75bn, or $3.2bn, of long-dated debt secured against its Global Sports Group…

TikTok secures US future with PE-backed joint venture TikTok has finalised a deal to establish a majority American-owned joint venture to operate its US business, drawing in private equity and…

Nestlé kicks off sale of €5bn water unit as private equity lines up Nestlé has formally launched the sale of a stake in its water business, setting in motion one of the largest consumer carve-outs…

Deutsche Boerse strikes $6.2bn deal for Allfunds in cash-and-stock buyout Deutsche Boerse has reached an agreement to acquire fund distribution platform Allfunds Group in a deal valued at about…

BCI names Jon Salon to lead $36bn private equity platform British Columbia Investment Management Corp has appointed Jon Salon as its new global head of private equity, according to Bloomberg. Salon…

Carlyle closes in on L Catterton-backed sale of iconic Sintra resort Carlyle Group is nearing the sale of the Penha Longa Resort & Hotel in Sintra to L Catterton and Cedar Capital…

Investcorp avoids data centres as capital crowds into AI infrastructure, says co-CEO Investcorp is steering clear of large-scale data centre investments, arguing that excessive capital inflows have…

Investors pile into Anthropic as revenues top $9bn run rate Anthropic’s rapid revenue growth is driving one of the largest private technology funding rounds on record, as the AI startup lines up…

BlackRock’s HPS makes first Asia private credit deal since acquisition BlackRock’s private credit business has made its first Asia investment since acquiring HPS Investment Partners, backing…

Asia offers Europe’s next growth engine, FountainVest CEO argues European companies should increasingly look to Asia to sustain growth as pressures build in domestic markets, according to Frank…

Blackstone backs Applecart at $700m valuation in growth equity deal Blackstone has led a $100m minority funding round in Applecart, valuing the marketing technology company at about $700m, according…

EQT strikes $3.2bn deal for Coller Capital to enter secondaries market EQT has agreed to acquire Coller Capital in a transaction valued at $3.2bn, marking a decisive move into private markets…

Goldman Sachs Alternatives and Blue Owl weigh $3bn private loan for Hg’s OneStream buyout Hg is exploring a private credit facility of up to $3bn to support its take-private acquisition of…

PGIM targets private credit secondaries with $1bn deployment plan PGIM is preparing to invest up to $1bn into private credit secondaries, stepping up its presence in a market that is rapidly…

Private capital moves into emerging sports as Athvance launches pan-European platform Athvance Capital has launched a European investment platform dedicated to building scaled sports assets across…

L’Occitane weighs US IPO less than two years after €6bn take-private L’Occitane Groupe is considering a return to public markets through a potential US initial public offering, less than two years…

Advent tests exit window with €3bn sale of Irca Advent International is preparing to bring Italian industrial confectionery group Irca to market in a sale that could value the business at about…

KKR set to top $20bn target for flagship Americas buyout fund KKR is on track to surpass the $20bn target for its flagship North America buyout fund, underlining the firm’s fundraising strength as…

EQT plans venture continuation fund as secondaries expand EQT is preparing a continuation fund to transfer a selection of assets from its first venture capital vehicle into a new fund, as secondary…

CalPERS pivots from buyouts to venture and growth in PE overhaul CalPERS has accelerated a strategic shift towards venture capital and growth equity, reshaping its private equity portfolio to…

Blackstone, Apollo, and Ares push private markets into US pensions Blackstone, Apollo Global Management, and Ares Management are teaming up with retirement adviser OneDigital to expand access to…

Thoma Bravo eyes software takeovers as AI fears hit valuations Thoma Bravo is positioning itself to capitalise on a sharp correction in listed software stocks, arguing that investor anxiety over…