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 performance-based incentives that could lift the valuation to as much as $1.5bn. Arctos’ senior management team, led by co-founder Ian Charles, will remain in place and retain their existing carried interest, while also receiving shares in KKR.

Large US private equity firms have resumed graduate recruitment after delaying their traditional summer hiring cycle amid industry backlash over early recruiting practices, according to sources cited by the Financial Times.

Firms including Blackstone, Apollo, Carlyle, TPG, Silver Lake, General Atlantic, Hellman & Friedman, and Warburg Pincus held a rapid round of interviews, inviting candidates with less than 24 hours’ notice. Some offers were extended on the same day, while others continued into final-round interviews.

Edmond de Rothschild Asset Management has appointed Anne-Laurence Roucher as Group Head of Private Markets, strengthening senior leadership as the firm looks to expand its private equity, infrastructure debt, and real estate strategies.

Roucher joins the executive committee and will report to chief executive Christophe Caspar. The role is newly created and tasked with overseeing investment strategy and operations across Edmond de Rothschild’s private markets businesses, while supporting the group’s focus on impact investing and sustainable finance. She is based in Geneva.