Private Equity

KKR Completes Acquisition Of Arctos Partners To Expand Sports And Alternative Asset Investing Platform

By Amit Chowdhry ● May 6, 2026

KKR announced it completed its previously announced acquisition of Arctos Partners, an institutional investor focused on professional sports franchise stakes and capital solutions for alternative asset managers.

Platinum Equity Announces Acquisition Of Infratech

By Amit Chowdhry ● May 6, 2026

Platinum Equity has acquired Infratech, a preeminent branded player and pioneer in infrared electric heating solutions with more than 50 years of experience serving customers across residential and commercial heat applications. Financial terms were not disclosed. Platinum Equity acquired the business from entrepreneur Sam Longo Jr. and Infratech CEO John Mazzotta, both of whom retained equity stakes in the business, with Mazzotta continuing to serve as CEO.

Tierra Adentro Growth Capital Launches $100 Million New Mexico Infrastructure Fund

By Amit Chowdhry ● May 5, 2026

Tierra Adentro Growth Capital, operating as TAG Capital, has launched its New Mexico strategy through the Tierra Adentro Fund, a $100 million infrastructure investment vehicle dedicated to financing physical assets for next-generation technology companies building in the state. The fund's launch follows years of conversations with the New Mexico State Investment Council, the state's approximately $71 billion sovereign wealth fund, and is designed to bridge the gap between the SIC's investments in venture firms focused on advanced energy, deep tech, and aerospace and defense, and the capital necessary for those companies to build physical infrastructure in New Mexico.

Brookfield And The Nuclear Company Partner To Form New Nuclear Development Company

By Amit Chowdhry ● May 5, 2026

Brookfield, the global investment firm with more than $1 trillion in assets under management, and The Nuclear Company, a nuclear project development and delivery company, have announced a partnership to form a new company specializing in the development of Westinghouse nuclear reactor technology. The new entity will offer execution capabilities for deploying nuclear projects based exclusively on Westinghouse reactor technology, including the AP1000 and AP300, along with end-to-end project management, licensing support, and oversight of engineering, procurement, construction, and commissioning activity.

Power Home Remodeling Secures Growth Investment From Bain, Sixth Street, And Harvest Partners

By Amit Chowdhry ● May 5, 2026

Power Home Remodeling, the nation's leading exterior home remodeler with more than 5,000 employees and $1.7 billion in annual revenue, has secured a growth investment from Bain Capital, Sixth Street, and Harvest Partners Structured Capital. The firms will partner with the company's management team and existing investor Harvest Partners, whose funds remain the largest investor, to support the company's continued national expansion.

Deviation Capital Launches With $2 Billion In AUM Following Spinout From Two Sigma

By Amit Chowdhry ● May 5, 2026

Deviation Capital, an early-stage venture capital firm, has launched as a newly independent business following the completed spinout of the Two Sigma Ventures operation from quantitative investment and trading firm Two Sigma.

OpenAI Reportedly Secures Over $4 Billion For New Joint Venture The Deployment Company

By Amit Chowdhry ● May 5, 2026

OpenAI has secured more than $4 billion in capital for a new joint venture named The Deployment Company, designed to accelerate the corporate adoption of its artificial intelligence software, according to a Bloomberg report. The initiative drew participation from 19 investors including TPG, Brookfield Asset Management, Advent, and Bain Capital Specialty Finance, among others. SoftBank Group and Dragoneer Investment Group are also among the backers.

Sound Point Capital Leads $575 Million Financing To Support Greenbelt Capital Partners’ Acquisition Of Peak Utility Services

By Amit Chowdhry ● May 5, 2026

Sound Point Capital Management, a leading alternative credit manager with approximately $45 billion in assets under management, has served as Administrative Agent and Lead Arranger for a $575 million senior secured credit facility to support Greenbelt Capital Partners' acquisition of Peak Utility Services Group from ORIX Capital Partners. Headquartered in Broomfield, Colorado, Peak Utility Services Group is a leading provider of essential utility infrastructure services offering maintenance, repair, and upgrade solutions that support the safety, reliability, and modernization of electric, gas, and telecommunications networks across the United States.

THL Partners Closes $6.35 Billion Fund X

By Amit Chowdhry ● May 5, 2026

THL Partners, a premier private equity firm investing in middle-market growth companies, has announced the final close of THL Equity Fund X with $6.35 billion in investable capital. The fund received strong support from a diverse group of existing and new investors, including public and corporate pension funds, sovereign wealth funds, financial institutions, and family offices across North America, Latin America, Europe, Asia, Australia, and the Middle East.

Hazelview Investments And Presima Complete Strategic Transaction To Create Combined Global REIT Platform

By Amit Chowdhry ● May 5, 2026

Hazelview Investments and Presima have completed a strategic transaction that brings together their respective global REIT investment teams, creating a combined platform designed to deliver deeper research, broader global reach, and enhanced client service across the real estate securities space. Under the terms of the transaction, Hazelview will assume Presima's investment management contracts, and key Presima professionals will join Hazelview's global REIT team, continuing to lead the strategies they oversaw at Presima to ensure continuity for existing clients.

Cerberus Capital Management To Make Strategic Investment In S+S Industries

By Amit Chowdhry ● May 5, 2026

Cerberus Capital Management, a global alternative investment firm with approximately $70 billion in assets, has entered into a definitive agreement to make a strategic investment into S+S Industries, a leading provider of critical solutions and value-added services for data center infrastructure. The Andrews family, founders of S+S, will retain a significant ownership stake in the business, and President Greg Andrews will continue in his leadership role to support strategic growth initiatives and maintain continuity of the company's values and customer relationships.

Anthropic Partners With Blackstone, Hellman & Friedman, And Goldman On $1.5 Billion AI Venture Targeting Private Equity-Owned Firms

By Amit Chowdhry ● May 5, 2026

Anthropic has announced a partnership with Blackstone, Hellman & Friedman, and Goldman to launch a $1.5 billion venture to accelerate AI adoption across hundreds of portfolio companies, according to CNBC. Additional asset managers participating in the effort include Apollo and General Atlantic. The new entity, which has not yet been named, will deploy Anthropic's Claude AI model directly inside businesses, beginning with companies owned by the investment firms involved.

Reed Smith: Bryan Ikegami Added As Partner For Private Equity Capabilities Expansion In Southern California

By Amit Chowdhry ● May 4, 2026

Global law firm Reed Smith has expanded its private equity capabilities in Southern California with the addition of partner Bryan Ikegami to its Global Corporate Group. Based in the firm’s Century City office, Ikegami brings extensive experience advising private equity funds and portfolio companies on complex transactions, reinforcing Reed Smith’s continued investment in the region.

American Express Global Business Travel To Be Acquired By Long Lake For $6.3 Billion

By Amit Chowdhry ● May 4, 2026

American Express Global Business Travel, operated by Global Business Travel Group and listed on the NYSE under the ticker GBTG, has entered into a definitive agreement to be acquired by Long Lake Management in an all-cash transaction valued at approximately $6.3 billion. Amex GBT shareholders will receive $9.50 per share in cash, representing a 60.2% premium to Amex GBT's closing stock price on May 1, 2026, and a premium of approximately 65.1% over the 30-day volume weighted average price ending that date.

Flow Control Group To Raise Investment From KKR And Neuberger

By Amit Chowdhry ● May 1, 2026

Flow Control Group, a leading North American network of technical flow control and industrial automation distributors and solutions providers, has announced that KKR and Neuberger Private Markets have agreed to jointly acquire the company. KKR, the existing investor, will maintain majority ownership, with Neuberger holding a significant minority interest. The transaction is expected to close in Q2 2026.

Inspirit Capital Completes Acquisition Of Kaplan Languages Group

By Amit Chowdhry ● May 1, 2026

Inspirit Capital, a London-based investment firm specializing in corporate carve-outs, has completed the acquisition of Kaplan Languages Group from Kaplan. Financial terms were not disclosed. KLG will continue to operate under the Kaplan name through a transitional licensing arrangement until a refreshed standalone brand identity is unveiled.

Clearlake Capital Completes Acquisition Of Qualus From New Mountain Capital

By Amit Chowdhry ● Apr 30, 2026

Clearlake Capital Group has completed its acquisition of Qualus Corporation from New Mountain Capital, establishing Clearlake as the new owner of a pure-play, end-to-end electric power solutions platform positioned at the forefront of power infrastructure transformation in the United States and Canada. Financial terms of the transaction were not disclosed. Qualus serves a blue-chip customer base comprising the nation's largest investor-owned utilities as well as commercial, industrial, and high-tech clients, delivering an integrated suite of advisory, engineering, technical program management, digital solutions, energy efficiency, and specialized field services across the full infrastructure lifecycle.

Blue Owl Achieves Nearly $315 Billion In AUM

By Amit Chowdhry ● Apr 30, 2026

Blue Owl Capital reported first-quarter adjusted distributable earnings per share of 19 cents, beating analyst estimates of 18 cents, as the alternative asset manager emphasized growth across its businesses beyond direct lending. Assets under management jumped 15% to $314.9 billion, driven by the company's real assets business, which invests in real estate including data centers and other infrastructure. The results come against a backdrop of heightened scrutiny on private credit and direct lending, where Blue Owl has faced meaningful investor redemptions and market pressure after deciding late last year to merge two of its private credit funds — a merger it subsequently abandoned after its shares fell sharply.

Crescent Cove Closes Oversubscribed Fund IV With More Than $446 Million In Commitments

By Amit Chowdhry ● Apr 30, 2026

Crescent Cove Advisors, LP, a San Francisco-based private investment firm providing growth capital to high-growth technology companies, has announced the final close of Crescent Cove Fund IV with more than $446 million committed, surpassing its target and closing oversubscribed. Fund IV attracted commitments from a diversified base of new and existing institutional investors, including Ventura County Employees' Retirement Association and Keebeck, the wealth management firm, as well as endowments, foundations, a sovereign wealth fund, registered investment advisers, family offices, investment platforms, asset managers, and OCIO providers. Additional capital was secured through two major national consultants.

SEI And Carlyle Enhance Partnership To Expand Private Market Access Across Wealth And Retirement

By Amit Chowdhry ● Apr 30, 2026

SEI and Carlyle have announced an enhanced strategic partnership designed to expand access to institutional-quality private market capabilities across wealth and retirement channels. The partnership builds on a multi-year relationship between the two firms — which previously focused on fund administration and technology enablement — and enters a new phase aimed at developing collaborative solutions for individual investors and their advisors. The companies say the initiative comes as demand for private market exposure continues to grow among wealth and retirement investors who are increasingly seeking more streamlined and efficient access to a broader range of private market strategies.

Arcus Infrastructure Partners Acquires Majority Stake In TrueNoord To Support Next Phase Of Regional Aircraft Leasing Growth

By Amit Chowdhry ● Apr 30, 2026

TrueNoord, a specialist regional aircraft lessor, has announced that infrastructure investor Arcus Infrastructure Partners has entered into definitive documentation to acquire approximately 74% of the business, with founding investor Freshstream agreeing to reinvest to retain the remaining 26%. The transaction marks a significant ownership transition for TrueNoord as it enters its next phase of growth, backed by stable, long-term infrastructure capital.

Clessidra Capital Partners Green Harvest Exceeds €150 Million In Commitments

By Amit Chowdhry ● Apr 30, 2026

Clessidra Private Equity, the private equity arm of Clessidra Group and one of the leading alternative investment players in Italy, has announced that its Clessidra Capital Partners Green Harvest fund has exceeded its fundraising target ahead of schedule, bringing total commitments to more than €150 million. The fund, a closed-end alternative investment vehicle focused on the Italian agrifood sector, launched last July and completed its second closing early, with the full fundraise targeted for completion by the end of 2026.

Investindustrial: €1.5 Billion Lower Mid-Market IV Fund Closes In Under Four Months

By Amit Chowdhry ● Apr 30, 2026

Investindustrial, a leading European group of independently managed investment, holding, and advisory companies, has closed its fourth Lower Mid-Market program at its hard cap of €1.5 billion in a single close, less than four months after launching in January 2026. Total capital demand exceeded 150% of the hard cap, with both the existing investor pool and the €250 million reserved for new investors significantly oversubscribed. The fund's predecessor, Investindustrial Lower Mid-Market III, raised €1.1 billion in 2023.

Partners Group Invests In Fleet Expansion Of Portfolio Company North Star To Scale Offshore Wind Services

By Amit Chowdhry ● Apr 29, 2026

Partners Group, one of the largest firms in the global private markets industry, has invested further equity to enable its UK-based portfolio company North Star to acquire four new offshore wind Service Operation Vessels from Edda Wind, taking its SOV fleet to 14 and representing one of the largest SOV fleets in Europe.

Catchment Capital Announces Majority Investment In Vertech Industrial Systems

By Amit Chowdhry ● Apr 29, 2026

Catchment Capital, a private equity firm focused on transforming middle-market industrial businesses, has made a majority investment in Vertech Industrial Systems, an innovative process automation and digital systems integrator.

EQT Real Estate Closes Europe Logistics Value Fund V At €3.1 Billion Hard Cap

By Amit Chowdhry ● Apr 29, 2026

EQT Real Estate has held the final close of its Europe Logistics Value Fund V at €3.1 billion in total commitments, including €3.0 billion in fee-generating assets under management. The fund exceeded its €2.5 billion target and represents a 42% increase over its predecessor, which closed at €2.2 billion in July 2021. It is the largest pan-European, sector-specific, closed-ended real estate fund ever raised.

Blackstone Infrastructure To Invest Up To €2 Billion In European Renewables Developer Eurowind Energy

By Amit Chowdhry ● Apr 29, 2026

Blackstone Infrastructure has entered into a definitive agreement to invest up to €2 billion in Eurowind Energy, a pan-European renewables developer and independent power producer headquartered in Hobro, Denmark. The investment will accelerate Eurowind's development activities as European power demand enters an inflection point driven by electrification, AI, re-industrialization, and energy security needs, with annual demand growth expected to exceed 3% through 2040. The transaction is expected to close before the end of 2026, subject to customary conditions.

Arlington Capital Partners Acquires ENERCON And Merges With POND To Create Power Engineering Platform

By Amit Chowdhry ● Apr 29, 2026

Arlington Capital Partners, a Washington D.C.-area private investment firm, has acquired ENERCON, a specialized nuclear and power engineering firm, from funds managed by Oaktree Capital Management, and simultaneously merged it with its existing portfolio company Pond & Company. The combined company will operate under the ENERCON name, headquartered in the Atlanta area, with more than 2,700 professionals and leadership retained from both organizations. Arlington describes the transaction as its largest ever platform build, with additional add-on acquisitions planned.

OpenGate Capital Acquires Total Safety’s Europe And Middle East Division In Carve-Out Transaction

By Amit Chowdhry ● Apr 29, 2026

OpenGate Capital, a global private equity firm headquartered in New York and Paris, has signed a definitive agreement to acquire the European and Middle Eastern division of Total Safety, a portfolio company of Littlejohn & Co. The carve-out separates Total Safety EMEA into a standalone platform focused on mission-critical safety and compliance solutions for petrochemical and oil and gas customers across the region. Financial terms were not disclosed.

CoreGo: Majority Growth Investment From Bregal Milestone To Expand European Event Payment Platform

By Amit Chowdhry ● Apr 29, 2026

Bregal Milestone, a European software growth private equity firm, has made a majority strategic growth investment in CoreGo, a Helsinki-founded provider of open-loop payments and integrated technology solutions for festivals, sports events, and venues across Europe. Financial terms were not disclosed.