Private Equity

Neysa: $1.2 Billion Investment Led By Blackstone To Advance Buildout Of India AI Infrastructure

By Amit Chowdhry ● Feb 16, 2026

Blackstone announced that private equity funds affiliated with the firm, along with co-investors, have entered into definitive agreements to invest in Neysa, enabling a total capital raise of $1.2 billion to accelerate the buildout of AI infrastructure in India.

Dynamic Core Capital Partners Closes $240 Million Oversubscribed SBIC Buyout Fund

By Amit Chowdhry ● Feb 15, 2026

Dynamic Core Capital Partners, the rebranded identity of Dubin Clark, announced the closing of DC Small Business Fund, LP at $240 million, exceeding its original $200 million target. The firm’s inaugural Small Business Investment Company fund was oversubscribed, signaling strong investor demand for its lower middle market buyout strategy.

Brigade Capital Closes $1 Billion Inaugural Private Credit Fund

By Amit Chowdhry ● Feb 15, 2026

Brigade Capital Management announced it has closed its first dedicated private credit vehicle, the Brigade Private Credit Solutions Fund, raising over $1 billion of investable capital in an oversubscribed fund backed by a range of global institutional investors.

Ares Management Arranges $2.4 Billion Debt Facility For Hyperscale Data Center Provider Vantage Data Centers

By Amit Chowdhry ● Feb 14, 2026

Ares Management announced certain of its funds arranged a $2.4 billion debt facility for Vantage Data Centers, as demand for digital infrastructure tied to cloud and AI workloads continues to drive large-scale capital needs across North America.

iCapital To Acquire Passthrough To Expand GP Onboarding And Compliance Across Wealth And Institutional Channels

By Amit Chowdhry ● Feb 14, 2026

iCapital announced it has entered into a definitive agreement to acquire Passthrough to broaden investor onboarding and financial compliance capabilities for private markets general partners. The transaction is intended to extend iCapital’s support for limited partners onboarding beyond private wealth distribution into institutional fundraising, offering GPs a single platform to onboard and service investors across channels.

European Wax Center: $330 Million Deal To Go Private

By Amit Chowdhry ● Feb 14, 2026

European Wax Center has agreed to be acquired by longtime backer General Atlantic in an all cash transaction that values the company’s equity at about $330 million, ending the franchisor’s run as a public company if the deal closes as expected.

Coller Capital Leads $1.3 Billion Private Credit Continuation Vehicle With Ares

By Amit Chowdhry ● Feb 13, 2026

Coller Capital announced it has closed a continuation vehicle for Ares U.S. Direct Lending’s 2018-vintage fund with more than $1.3 billion in total commitments. The continuation vehicle includes a diversified portfolio of first-lien, floating-rate loans to U.S. middle-market companies backed by private equity sponsors.

Catalyst IOS Reaches $400 Million Final Close For Third Fund

By Amit Chowdhry ● Feb 13, 2026

Catalyst Investment Partners, an owner and operator focused on industrial outdoor storage (IOS), has announced the final close of its third fund at a $400 million hard cap in limited partner commitments. The firm said Fund III exceeded an original $300 million target and was substantially oversubscribed, with investor demand approaching twice the target and well above the hard cap.

Sun Capital Completes First Single-Asset Continuation Vehicle For Fletchers Solicitors

By Amit Chowdhry ● Feb 13, 2026

Sun Capital Partners announced that an affiliate has completed the closing of a single-asset continuation vehicle for Fletchers Solicitors, a UK-based clinical negligence and specialist personal injury law firm, marking Sun Capital’s first-ever single-asset continuation vehicle. The transaction offers Sun Capital’s Fund VII limited partners the option to take liquidity or roll into continued ownership as the firm backs the next phase of growth at Fletchers.

Union Capital Associates Closes $450 Million Fund IV At Hard Cap

By Amit Chowdhry ● Feb 13, 2026

Union Capital Associates has closed its fourth private equity fund, Union Capital Equity Partners IV, L.P., at its $450 million hard cap after roughly four months in the market, with the raise described as significantly oversubscribed. The Greenwich, Connecticut-based firm said Fund IV will continue its strategy of providing first institutional capital to U.S. founder-owned businesses, primarily in food manufacturing, niche manufacturing, and business services.

Carlson Private Capital Partners Adds Managing Director, Backs AMAG Technology Platform, And Supports Quantum Design Add On Acquisition

By Amit Chowdhry ● Feb 13, 2026

Carlson Private Capital Partners announced it has reached a series of milestones tied to team expansion and new capital deployment, including a senior hire, a new platform investment, and an add on acquisition at portfolio company Quantum Design.

Volue Adds TA Associates As Strategic Investor

By Amit Chowdhry ● Feb 13, 2026

Volue announced TA Associates has joined as a new strategic investor alongside Advent International, Generation Investment Management and Arendals Fossekompani, in a partnership the company framed as strengthening its position as a European leader in electrification technology.

Partners Capital Closes $1+ Billion Merlin IV Co-Investment Fund

By Amit Chowdhry ● Feb 13, 2026

Partners Capital Investment Group announced it has reached a final close of Merlin IV, a private equity co-investment fund with more than $1 billion in commitments, as it scales a platform designed to invest alongside high-conviction private equity managers in single-asset deals.

Urbaser: $6.6 Billion Deal For Global Environmental Services Platform

By Amit Chowdhry ● Feb 13, 2026

Platinum Equity has signed a definitive agreement to sell Urbaser to Blackstone and EQT in a transaction valued at approximately $6.6 billion, or €5.6 billion. The deal is subject to customary regulatory approvals.

Blue Owl Capital Closes Strategic Equity Secondaries Fund With Over $3 Billion In Commitments

By Amit Chowdhry ● Feb 13, 2026

Blue Owl Capital announced it has reached a final close for Blue Owl Strategic Equity, its strategic equity and secondaries strategy, with more than approximately $3 billion in total commitments raised across institutional and private wealth channels, as well as related accounts.

Montana Capital Partners Closes $1.4 Billion OSP VI Fund After PGIM Acquisition

By Amit Chowdhry ● Feb 13, 2026

Montana Capital Partners announced it has reached a final close for MCP Opportunity Secondary Program VI, or OSP VI, a $1.4 billion private equity secondaries program focused on relative value opportunities in the mid-market. The Switzerland and U.S.-based secondaries manager said the program size matches its most recent predecessor fund and will invest across GP-led and LP-led transactions in North America and Western Europe.

Renovus Capital Partners Names Niklas Kuhlmann Director Of Investor Relations And Capital Formation For EMEA

By Amit Chowdhry ● Feb 13, 2026

Renovus Capital Partners, a Philadelphia-area based investment firm, has appointed Niklas Kuhlmann as Director of Investor Relations and Capital Formation, EMEA. He will be based in Frankfurt, Germany.

Patria Prepares Next Latin America Private Credit Fund Vintage

By Amit Chowdhry ● Feb 12, 2026

Patria Investments announced it is preparing the next vintage of its Latin America private credit strategy, aiming to give global institutional investors exposure to what the firm describes as a large corporate credit market that remains structurally under-levered and capital-constrained. The alternative asset manager, which reported more than $60.1 billion in assets under management, said it believes a combination of limited reliable lending capacity and a persistent, perception-based regional risk premium can keep spreads elevated even when borrower fundamentals hold up, supporting attractive yield without relying on higher leverage. This planned vehicle is set to build on Patria’s 26-year Latin America credit platform, which the firm said totals approximately $12.3 billion.

McKinsey’s MIO Partners To Join Neuberger Berman

By Amit Chowdhry ● Feb 10, 2026

McKinsey & Company and Neuberger Berman have entered into an agreement for MIO Partners, McKinsey’s in-house investment and wealth manager for partners, employees, and alumni, to join Neuberger. The transaction is expected to close in 2026, subject to customary closing conditions, including client consent and regulatory approvals.

Maven Capital Partners Adds Sabrina Mahmood To East Midlands Deal Team

By Amit Chowdhry ● Feb 10, 2026

Maven has appointed Sabrina Mahmood as an Investment Manager in its East Midlands investment team, strengthening deal coverage across the East and South East Midlands.

Keppel: Up To $125 Million AIIB Commitment Secured For Private Credit Fund III

By Amit Chowdhry ● Feb 10, 2026

Keppel announced that the Asian Infrastructure Investment Bank has committed $75 million to Keppel Private Credit Fund III, alongside a co-investment sleeve of up to $50 million. Keppel said the combined commitment raises AIIB’s total support for the strategy to up to $125 million, and increases Keppel Private Credit Fund III’s funds under management to more than $561 million.

Apollo: Diego De Giorgi Named As Incoming Head Of EMEA

By Amit Chowdhry ● Feb 10, 2026

Apollo announced Diego De Giorgi will join the firm as a partner and head of EMEA, succeeding longtime partner Rob Seminara. Seminara will remain in the region to support the transition before taking on new global responsibilities later in 2026.

Haveli Investments To Buy Kids Mobile Entertainment Developer Budge Studios

By Amit Chowdhry ● Feb 10, 2026

Haveli Investments, a technology and gaming-focused private equity firm, has entered into an agreement to acquire Budge Studios from General Atlantic. Terms were not disclosed.

Trive Capital Invests In Defense Analytics Contractor PavCon

By Amit Chowdhry ● Feb 10, 2026

Trive Capital announced it has made an investment in PavCon, a provider of predictive analytics and decision-support software for the U.S. Department of War, positioning the deal as a partnership to accelerate growth in data-driven defense modernization and mission-readiness programs.

Schroders Partners With Apollo To Build Hybrid Wealth And Retirement Investment Solutions

By Amit Chowdhry ● Feb 10, 2026

Schroders and Apollo announced they have formed a strategic partnership to develop next-generation wealth and retirement investment solutions intended to enhance client choice and outcomes, with the aim of generating multi-billion-dollar annual flows from new and existing clients.

Apollo Tops Profit Expectations As Assets Near $1 Trillion

By Amit Chowdhry ● Feb 10, 2026

Apollo Global Management posted a stronger-than-expected quarter, with earnings topping Wall Street forecasts as the firm’s credit and origination machine delivered record activity and fresh capital continued to flow into its platforms. The performance pushed Apollo’s assets under management to $938 billion, leaving the firm within reach of the $1 trillion milestone management has been targeting.

Audax Private Equity Completes Sale Of Colony Hardware To White Cap

By Amit Chowdhry ● Feb 10, 2026

Audax Private Equity said it has completed the sale of Colony Hardware, a direct-to-jobsite distributor of construction materials and jobsite supplies serving specialty and general contractors, to White Cap, a distributor of specialty construction supplies and safety products for professional contractors. Financial terms were not disclosed.

Covenant Capital Raises Over $1.1 Billion Across Fund XII And Affordable Housing Sidecar

By Amit Chowdhry ● Feb 9, 2026

Covenant Capital Group, a value-add multifamily real estate investment firm based in Nashville, said it has reached the final close of Covenant Apartment Fund XII, L.P. with $860.35 million in capital commitments, marking the largest fundraise in the firm’s 25-year history.

TPG To Buy Majority Stake In Sabre Industries From Blackstone

By Amit Chowdhry ● Feb 9, 2026

TPG has signed definitive agreements to acquire a majority stake in Sabre Industries, a provider of engineered infrastructure solutions for electric transmission, telecom, and data center projects. The investment will be made through TPG Rise Climate, TPG’s dedicated climate investing platform. Funds managed by Blackstone Energy Transition Partners, which first invested in Sabre in 2021, will retain a significant minority stake and continue as a partner alongside TPG.

American College Of Education Gains New Bain Capital Double Impact Backing After CIC Partners Investment

By Amit Chowdhry ● Feb 9, 2026

CIC Partners announced it has successfully realized its investment in American College of Education, marking the end of a strategic partnership that began in 2020 and the start of ACE’s next phase of growth with a newly announced investment from Bain Capital Double Impact.