Private Equity

Balyasny Asset Management: Chief AI Officer Highlights Firmwide Adoption Of OpenAI Tools

By Amit Chowdhry ● Today at 11:34 AM

Balyasny Asset Management said Chief AI Officer Charlie Flanagan recently discussed with OpenAI for Business how advances in artificial intelligence are accelerating research and automation across the investment firm.

Blackstone Reportedly Exploring Sale Of More Than $2 Billion In Private Fund Stakes

By Amit Chowdhry ● Today at 11:31 AM

Blackstone is exploring the sale of more than $2 billion of stakes in private investment funds through its Strategic Partners unit, according to a Financial Times report. The proposed transaction would rank among the largest deals of its kind and is intended to provide liquidity to investors in one of Blackstone's secondary investment vehicles.

Carr’s Hill Partners: Acquisition Of OMNI Expands Infrastructure Manufacturing Portfolio

By Amit Chowdhry ● Today at 11:28 AM

Carr’s Hill Capital Partners Management announced the acquisition of Opti-Com Manufacturing Network and Sunbelt Innovative Plastics, which together operate as OMNI, a provider of conduit solutions serving underground and transportation infrastructure markets throughout the Southeastern United States and beyond. The transaction marks the third investment for Carr’s Hill Partners' inaugural fund and expands the firm's presence in the industrial and infrastructure sectors along the Gulf Coast.

Arcline To Acquire Continental Aerospace In $535 Million Deal

By Amit Chowdhry ● Yesterday at 7:12 AM

Arcline Investment Management announced that it has entered into a definitive agreement to acquire the holding company of Continental Aerospace Technologies for approximately $535 million. The transaction, which will result in the company being delisted, is supported by irrevocable undertakings from the controlling shareholders, subsidiaries of Aviation Industry Corporation of China.

Simon Quick Advisors Launches Private Equity Fund Targeting $100 Million

By Amit Chowdhry ● Yesterday at 7:07 AM

Simon Quick Advisors announced the launch of Simon Quick Private Equity Fund I LP, the firm's first dedicated private equity investment vehicle. The fund held its initial close on March 31, 2026, with approximately $60 million in commitments and is targeting $100 million by the end of the year, with additional fundraising rounds planned through early 2027.

Hunter Point Capital Raises $4.3 Billion Across GP Financing Solutions Strategies

By Amit Chowdhry ● Jun 8, 2026

Hunter Point Capital (HPC), an independent investment firm that provides strategic capital and partnership solutions to alternative asset managers, announced the final closes of the inaugural vintages of its NAV Lending and Preferred Solutions strategies, securing $4.3 billion in total commitments.

Carlyle To Acquire Korean Rental Platform Chung Ho Group

By Amit Chowdhry ● Jun 8, 2026

Global investment firm Carlyle announced it has signed a definitive agreement to acquire up to 100% of Chung Ho Group, a leading Korean home and healthcare appliance rental platform. The investment will be made through funds affiliated with Carlyle Asia Partners, the firm's Asia buyout platform. Financial terms of the transaction were not disclosed.

EQT Appoints Gustav Segerberg As CFO And Kim Henriksson To Transition To Senior Advisor Role

By Amit Chowdhry ● Jun 8, 2026

EQT announced that Gustav Segerberg has been appointed Chief Financial Officer of EQT AB, effective July 18, 2026. He will succeed Kim Henriksson, who is stepping down after nearly eight years as CFO and will remain with the firm as a Senior Advisor.

Estancia Capital Management Closes $367 Million Fund III

By Amit Chowdhry ● Jun 8, 2026

Estancia Capital Management, a specialist private equity firm investing in lower middle-market financial services companies, has announced the successful final close of Estancia Capital Partners Fund III, L.P., securing $367 million in commitments against a target of $350 million. The oversubscribed close brings Estancia's regulatory assets under management to approximately $965 million and marks the firm's largest fund to date. Kirkland & Ellis served as legal advisor to the Estancia funds.

Carlyle Completes Acquisition Of Majority Stake In MAI Capital Management

By Amit Chowdhry ● Jun 8, 2026

Carlyle has announced the completion of its previously announced acquisition of a majority stake in MAI Capital Management, with the deal closing effective June 4, 2026. The transaction deepens a relationship that began in 2021 when Carlyle entered MAI's ownership structure through its investment in Galway Holdings, which acquired MAI that year. With the close of the transaction, Galway Holdings and funds managed by Harvest Partners and Oak Hill Capital have exited their positions. MAI employees will continue to hold a large minority equity ownership position in the company.

Mill Point Capital Acquires Total Safety’s Supplies And Solutions Division In 20th Corporate Carve-Out

By Amit Chowdhry ● Jun 8, 2026

Mill Point Capital has signed a definitive agreement to acquire Total Safety Supplies and Solutions, Inc., a leading distributor of industrial maintenance, repair, and operations products including safety and personal protective equipment, from Total Safety U.S., Inc. The acquisition represents Mill Point's 20th corporate carve-out and will transition TSSS into a standalone platform business under independent ownership. The transaction is subject to regulatory approvals and other customary conditions and is expected to close later in 2026. Financial terms were not disclosed.

Longship Closes Fourth Fund At NOK 2.4 Billion Hard Cap In 11 Weeks

By Amit Chowdhry ● Jun 8, 2026

Longship, the leading private equity investor dedicated to the Norwegian lower mid-market, has announced the first and final close of Longship Fund IV at NOK 2.4 billion, equivalent to approximately €223 million. The fund was significantly oversubscribed, reaching its hard cap just 11 weeks after launch. Longship secured strong support from existing investors alongside new commitments from a select group of institutional investors across the Nordics, UK, Benelux, and France. Rede Partners and Goodwin Procter advised on the fundraise.

Pictet Raises $1.53 Billion For Sixth Private Equity Co-Investment Fund

By Amit Chowdhry ● Jun 8, 2026

Pictet Alternative Advisors announced the successful final close of Monte Rosa Co-Investments VI, raising $1.53 billion in committed capital and significantly surpassing its initial $1.0 billion target. The oversubscribed fund marks the sixth vintage in Pictet’s private equity co-investment franchise and is the largest fund raised in the series to date.

Norvestor Raises €2 Billion For Oversubscribed Flagship Private Equity Fund

By Amit Chowdhry ● Jun 8, 2026

Norvestor announced the successful closing of Norvestor X SCSp (Fund X) at its hard cap of €2 billion, surpassing its €1.8 billion target just three months after launch.

Nippon Life Insurance And Blackstone Enter Comprehensive Strategic Partnership Across Private Credit And Real Estate

By Amit Chowdhry ● Jun 8, 2026

Nippon Life Insurance Company and Blackstone have announced a memorandum of understanding for a comprehensive strategic partnership covering investment management services in private credit and real estate. The partnership represents one of the most significant multi-asset private credit partnerships in the Asia-Pacific region and builds on a long-term relationship of trust between Japan's largest private asset owner and the world's largest alternative asset manager.

Saothair Capital Partners Acquires Absorbent Materials Manufacturer EAM Corp. From Domtar

By Amit Chowdhry ● Jun 7, 2026

Saothair Capital Partners, a private equity firm focused exclusively on middle-market manufacturing and industrial companies, has announced the completed acquisition of EAM Corp. from Domtar Corporation through a newly formed affiliate. Financial terms of the transaction were not disclosed. Following the closing, current EAM General Manager Vanecia Carr will assume the role of Chief Executive Officer, and Lori Venn will serve as Senior Vice President of Sales and Marketing.

Triton Partners To Acquire Mechanical Drive Technology Leader Flender From Carlyle

By Amit Chowdhry ● Jun 7, 2026

Global investment firm Carlyle has announced an agreement to sell Flender, a global market leader in mechanical drive technology, to Triton Fund 6 advised by Triton Partners. Financial terms of the transaction were not disclosed. The deal is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2026.

RLH Equity Partners Portfolio Company MCA Connect To Be Acquired By Grant Thornton

By Amit Chowdhry ● Jun 7, 2026

RLH Equity Partners has announced the signing of a definitive agreement under which its portfolio company MCA Connect will be acquired by Grant Thornton Advisors LLC. MCA Connect is a premier consulting and technology services provider specializing in digital transformation solutions for manufacturing and distribution enterprises. The transaction is expected to close early in the third quarter of 2026, subject to customary closing conditions. Financial terms were not disclosed.

Apollo Funds Complete Sale Of Pan-Asian Aluminum Packaging Company ALTEMIRA To MBK Partners

By Amit Chowdhry ● Jun 7, 2026

Apollo has announced that Apollo-managed funds have completed the sale of their interest in ALTEMIRA Holdings Co., Ltd., a leading pan-Asian aluminum packaging company, to funds managed by MBK Partners. Financial terms of the transaction were not disclosed.

EQT Real Estate Targets $6 Billion For EQT Exeter Industrial Value Fund VII

By Amit Chowdhry ● Jun 6, 2026

EQT announced that its real estate business has set a target fund size of $6 billion for the EQT Exeter Industrial Value Fund VII. The final size of the fund will depend on the outcome of the fundraising process and could ultimately be higher or lower than the stated target.

Leviat Acquired By One Equity Partners To Accelerate Global Growth

By Amit Chowdhry ● Jun 6, 2026

One Equity Partners (OEP), a middle-market private equity firm, announced it has acquired Leviat, a global provider of engineered solutions for the construction and industrial sectors.

Hyve: Hellman & Friedman To Acquire Events Business To Accelerate Next Phase Of Growth

By Amit Chowdhry ● Jun 3, 2026

Hyve Group, a leading global B2B events company, announced that private equity firm Hellman & Friedman has agreed to acquire the business from Providence Equity Partners and Searchlight Capital Partners. The transaction marks the next stage in Hyve’s growth strategy as the company looks to expand its international footprint, broaden its product offerings, and continue its acquisition-led expansion.

Crescent Capital Group Raises $10.8 Billion For Fourth U.S. Direct Lending Fund

By Amit Chowdhry ● Jun 3, 2026

Crescent Capital Group announced the final close of its fourth U.S. direct lending fund, Crescent Direct Lending Fund IV (CDL Fund IV), raising $10.8 billion in investable capital, including targeted leverage and separately managed accounts investing alongside the fund. The fund is one of the largest lower middle market direct lending vehicles raised to date and marks the largest fund in the firm's history.

Blackstone Raises $13.1 Billion For Largest Asia Private Equity Fund

By Amit Chowdhry ● Jun 2, 2026

Blackstone announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at $13.1 billion, surpassing its $10 billion target and becoming the firm's largest private equity fundraise in Asia. The fund was oversubscribed, reached its hard cap, and raised more than double the capital of its predecessor vehicle.

Metatron Private Equity Acquires Green Circuits Following Launch By Reichmann Segal Capital Partners

By Amit Chowdhry ● Jun 2, 2026

Reichmann Segal Capital Partners announced the formation of Metatron Private Equity, a new investment platform established by Charles Reichmann and Jarrad Segal to make strategic investments in businesses with strong operational foundations and long-term growth potential across North America.

EQT: €21 Billion Target Set for Infrastructure VII Fund

By Amit Chowdhry ● Jun 2, 2026

EQT announced that it has established a target fund size of €21 billion (approximately $24.5 billion) for its next infrastructure investment vehicle, EQT Infrastructure VII.

IFF: $4.3 Billion Sale Of Food Ingredients Business To CVC Advances Portfolio Transformation

By Amit Chowdhry ● Jun 2, 2026

IFF announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners in a transaction valuing the business at approximately $4.3 billion. The deal represents an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF will retain an approximately 10% minority equity interest in the business, valued at roughly $200 million, allowing the company and its shareholders to participate in future value creation while maintaining collaboration with the Food Ingredients business.

GPGPT: AI Platform Launches For Venture Capital And Private Equity Investors

By Amit Chowdhry ● Jun 2, 2026

GPGPT announced the general availability of its AI platform purpose-built for venture capital and private equity professionals. Designed specifically for private-market investing workflows, the platform helps investors analyze deals, prepare investment memos, monitor portfolio companies, and leverage firm-specific knowledge and documents to support investment decisions.

Ampersand Raises $1.5 Billion For AMP-26 Fund

By Amit Chowdhry ● Jun 1, 2026

Ampersand Capital Partners announced the closing of Ampersand 2026 Limited Partnership (AMP-26) with $1.5 billion in limited partner commitments, reaching its hard cap in a single close less than five months after launch. The fund represents Ampersand’s twelfth primary fund since 1992 and attracted commitments from a broad range of institutional investors, including endowments, foundations, pension plans, insurance companies, funds of funds, and family offices.

Oaktree And Pantheon Launch Partnership With Capacity To Scale European Direct Lending Strategy To €1 Billion

By Amit Chowdhry ● May 31, 2026

Oaktree Capital Management and Pantheon announced the launch of a strategic partnership designed to support the continued expansion of Oaktree’s European Direct Lending (EDL) strategy, with the capacity to grow to €1 billion in investable capital.