Private Equity

Datarails: $70 Million Series C Raised To Bring AI Into The Heart Of The CFO’s Office

By Amit Chowdhry ● Today at 1:12 PM

Datarails has raised $70 million in Series C funding in a round led by growth equity firm One Peak, as the company bets that finance teams want AI capabilities embedded directly into the tools they already use (especially Excel) rather than forcing a tradeoff between spreadsheets and standalone AI products.

Sylvan: KKR-Led Group Backs Additional Investment

By Amit Chowdhry ● Today at 12:36 PM

KKR has completed an additional investment in Sylvan, a global mushroom spawn and fungal biotechnology company, as the firm continues to fund the company’s expansion plans and broaden its investor base. The new round includes participation from a group of global and China-based investors, alongside a follow-on investment from Novo Holdings, which increased its ownership stake. KKR will remain Sylvan’s majority investor following the transaction.

PGIM Expands Into Private Credit Secondaries With Plan To Deploy Up To $1 Billion Over Two Years

By Amit Chowdhry ● Today at 12:34 PM

PGIM is launching a private credit secondaries platform and expects to deploy up to $1 billion over the next two years, positioning the initiative as an expansion of its longstanding private credit and private equity secondaries capabilities. The firm said the platform will combine its private credit franchise with Montana Capital Partners, its private equity secondaries business, to pursue deals in an emerging segment where market volume is expected to surpass $50 billion within the next two to three years, according to an Evercore private credit secondary market commentary published in August 2025.

Tailwater Capital Expands Upstream Platform With Northern Delaware Basin Non-Operated Leasehold Acquisition

By Amit Chowdhry ● Yesterday at 11:34 PM

Tailwater Capital and its upstream investment platform, Tailwater E&P, have acquired a diversified, non-operated leasehold position in the northern Delaware Basin spanning Lea and Eddy counties in New Mexico.

Balena Secures Investment From LoneTree Capital To Scale Edge AI And IoT Fleet Management

By Amit Chowdhry ● Yesterday at 11:30 PM

Balena, an IoT fleet management platform focused on deploying, managing, and scaling fleets of edge computing and AI devices, has secured a strategic growth investment from LoneTree Capital, a New York-based growth capital firm. The companies said the partnership will accelerate Balena’s product roadmap, with an emphasis on Edge AI workloads, expanded security capabilities, and features to meet evolving compliance requirements.

Highlander Partners Acquires Tapatío Hot Sauce From Saavedra Family

By Amit Chowdhry ● Yesterday at 11:22 PM

Highlander Partners has acquired Tapatío, the No. 5 hot sauce brand in the U.S., buying the business from the Saavedra family in a deal that brings in additional equity and new financing partners while keeping the founding family involved post-closing.

GTCR Partners With Gary Swidler To Launch Ascent Sports Group Platform

By Amit Chowdhry ● Yesterday at 10:00 PM

GTCR has partnered with consumer technology executive Gary Swidler to launch Ascent Sports Group, a new platform aimed at consolidating and modernizing the fragmented technology ecosystem that supports youth and amateur sports.

Platinum Equity Acquires Experiential Marketing Firm Czarnowski Collective

By Amit Chowdhry ● Yesterday at 4:18 PM

Platinum Equity has acquired Czarnowski Collective, an experiential marketing services firm known for designing and delivering live brand experiences across trade shows, corporate events, meetings, and conferences. The business was purchased from CEO Mark Nagle and the Nagle family, who have led Czarnowski through decades of expansion. Financial terms were not disclosed.

Bluestone Equity Partners Invests In Selkirk Sport To Fuel Product Innovation and Global Expansion

By Amit Chowdhry ● Yesterday at 3:42 PM

Bluestone Equity Partners has made a strategic investment in Selkirk Sport, positioning the pickleball equipment and sportswear brand to accelerate product development, expand across omnichannel retail, and pursue targeted growth in Asia. The transaction represents Selkirk’s first external investment and marks Bluestone’s ninth deal from its inaugural $300 million fund, which closed in a single close in the first quarter of 2023.

Blackstone Closes Majority Investment In NetBrain As Bernadette Nixon Takes Over As CEO

By Amit Chowdhry ● Yesterday at 3:36 PM

Blackstone Growth has closed its previously announced majority investment in NetBrain Technologies, with the AI NetOps platform provider saying the funding will accelerate global expansion and advance its AI-powered network automation capabilities.

Allianz Global Investors Raises $690 Million First Close For Emerging Markets Credit Fund

By Amit Chowdhry ● Yesterday at 3:30 PM

Allianz Global Investors has raised a $690 million first close for its Allianz Credit Emerging Markets (ACE) fund, a vehicle aimed at mobilizing institutional capital to support the low-carbon economic transition across Africa, Latin America and Asia, according to a LinkedIn post by British International Investment (BII) Investment Director Michael Sanni.

KKR Increases Ownership Stake In Altavair, Expanding Aircraft Leasing Partnership

By Amit Chowdhry ● Yesterday at 3:25 PM

KKR has signed a definitive agreement to increase its ownership stake in Altavair and its sister company, AV AirFinance, deepening a strategic partnership focused on commercial aviation leasing and financing.

Exciva: €51 Million Series B Closed To Advance Alzheimer’s Agitation Therapy Into Phase 2

By Amit Chowdhry ● Yesterday at 3:24 PM

EQT Life Sciences announced it co-led a €51 million Series B financing in Exciva, a clinical-stage biopharmaceutical company developing treatments for behavioral symptoms associated with Alzheimer’s disease, with proceeds earmarked to move the company’s lead program into a Phase 2 study.

Crescent: $3.2 Billion Private Credit Continuation Vehicle Closed

By Amit Chowdhry ● Yesterday at 3:00 PM

Crescent Capital Group and Pantheon said they have closed Crescent Credit Solutions VII CV (CCS VII CV), a $3.2 billion private credit continuation vehicle formed to acquire a diversified portfolio of performing sponsor-backed loans, securities, and other equity interests from Crescent Mezzanine Partners VII, a 2016-vintage fund.

Arcano Partners Closes €850 Million Secondary Fund V As Demand Grows for Mid-Market Secondaries

By Amit Chowdhry ● Yesterday at 10:17 AM

Arcano Partners has held the final close of Arcano Secondary Fund V, FCR (ASF V), raising €850 million—about $1 billion—well above its initial €500 million target. The fund, launched in 2024, drew backing from a mix of institutional and private investors across Europe and the Americas, reflecting continued appetite for secondaries strategies as investors seek liquidity and managers look to extend ownership of assets.

Heitman Closes $2.62 Billion For Value-Add Fund VI

By Amit Chowdhry ● Yesterday at 9:42 AM

Heitman has completed the final close of Heitman Value Partners Fund VI (HVP VI), securing $2 billion in fund commitments and an additional $620 million in co-investment capital. The close surpassed the fund’s $1.75 billion target and reached its hard cap, making HVP VI the largest closed-end fundraise in Heitman’s history.

Adams Street Partners Launches ASPEN Lux, A Luxembourg-Domiciled Evergreen PE Fund

By Amit Chowdhry ● Yesterday at 9:06 AM

Adams Street Partners, a private markets investment manager with more than $65 billion in assets under management, has launched the Adams Street Private Equity Global Fund, known as ASPEN Lux, a Luxembourg-domiciled open-ended evergreen vehicle aimed at professional and eligible investors outside the United States.

Bain Capital Completes $4 Billion Sale Of WinTriX China Data Center Unit To HEC-Led Consortium

By Amit Chowdhry ● Yesterday at 8:44 AM

Bain Capital announced it has closed the strategic sale of WinTriX DC Group's China business, a data center portfolio company, to a consortium led by Shenzhen Dongyangguang Industry Co., Ltd. (HEC), valuing the business at approximately $4 billion.