Private Equity

Gradiente SGR Closes €180+ Million Gradiente III Fund, Growing 33% Versus Prior Vehicle

By Amit Chowdhry ● Feb 3, 2026

Elm Capital announced Gradiente SGR has reached a final close for Gradiente III, the Italian private equity firm’s third fund, with total commitments exceeding its €180 million target. The firm said the vehicle is 33% larger than its predecessor and drew support from a mix of new and existing institutional investors and family offices across Europe and North America, including public pension funds, foundations, funds of funds, and banks.

Desjardins Global Asset Management Launches DGAM Global Private Equity Fund With Ardian Partnership

By Amit Chowdhry ● Feb 3, 2026

Desjardins Global Asset Management is expanding its private markets lineup with the launch of the DGAM Global Private Equity Fund, a new vehicle designed to give accredited Canadian investors streamlined access to private equity through a flexible structure and diversified exposure.

Blackstone: Q4 Private Equity Inflows Hit $20.3 Billion, Led By $4.2 Billion In Infrastructure

By Amit Chowdhry ● Feb 3, 2026

Blackstone closed the fourth quarter of 2025 with a sharp rebound in private equity fundraising, reporting $20.3 billion of private equity inflows for the period. The quarter stood out for both its scale and its mix, with capital concentrated in strategies that have attracted consistent LP demand amid slower distributions and selective commitment pacing across private markets.

Picton Investments Launches Private Equity Fund With Morningside Capital

By Amit Chowdhry ● Feb 3, 2026

PICTON Mahoney Asset Management, operating as PICTON Investments, has launched the PICTON Morningside Private Equity Fund, marking the firm’s first private equity offering and expanding its alternatives platform into private markets.

Hamilton Lane: Nearly $2 Billion Closed For Infrastructure Opportunities Fund II, Tripling Predecessor

By Amit Chowdhry ● Feb 3, 2026

Hamilton Lane announced it has reached a final close for Hamilton Lane Infrastructure Opportunities Fund II, with $1.5 billion in commitments to the fund and nearly $400 million more committed through related vehicles, bringing total commitments to nearly $2 billion. The firm said the raise exceeded the vehicle’s $1.25 billion target and, including related commitments, is more than three times the size of its predecessor, Hamilton Lane Infrastructure Opportunities Fund I.

WR Valuation Debuts With Faster ANd Lower-Cost Middle-Market Valuation Alternative

By Amit Chowdhry ● Feb 2, 2026

WR Valuation (WRV) has launched as an independent valuation and advisory firm, positioning itself as a speed-and-cost alternative to large accounting firms' valuation practices, as middle-market deal activity shows signs of re-accelerating.

CVC To Sell FineToday To Bain In About $1.29 Billion Deal

By Amit Chowdhry ● Feb 2, 2026

CVC Asia Fund V and other shareholders have reached an agreement for Bain Capital to acquire 100% of FineToday's outstanding shares, positioning the personal care and beauty company for its next phase of growth under new ownership.

RedBird Capital Partners Completes Refinancing Of AC Milan

By Amit Chowdhry ● Jan 31, 2026

RedBird Capital Partners has completed a refinancing designed to strengthen AC Milan’s capital structure and expand the club’s long-term financial flexibility, replacing acquisition-related vendor financing from entities advised by Elliott Advisors UK Limited with new institutional debt financing arranged by Comvest Credit Partners. The move eliminates loans tied to RedBird’s 2022 purchase of the club and aligns the financing package with RedBird’s long-term strategic and operational plans as the sole control owner.

Reddy Ice To Buy Arctic Glacier From Carlyle

By Amit Chowdhry ● Jan 31, 2026

Reddy Ice announced it has reached an agreement to acquire Arctic Glacier from The Carlyle Group, expanding Reddy Ice’s footprint across North America and adding a sizable Canadian operating base. Financial terms were not disclosed.

Permira To Buy Minority Stake In Carne Group At €1.4 Billion Valuation

By Amit Chowdhry ● Jan 30, 2026

Carne Group, Europe’s largest independent third-party management company and a provider of fund regulation and governance solutions, said funds advised by Permira have agreed to acquire a significant minority stake in the business at an enterprise valuation of €1.4 billion.

Procede Software Raises Majority Growth Investment From Rubicon Technology Partners

By Amit Chowdhry ● Jan 30, 2026

Procede Software, a provider of enterprise dealer management systems for the commercial vehicle industry, said it has received a strategic majority investment from Rubicon Technology Partners, a middle market private equity firm focused on enterprise software.

IKON Capital, Bolt Ventures, Main Street Advisors Buy Into MotoGP’s Tech3 Team

By Amit Chowdhry ● Jan 30, 2026

Red Bull KTM Tech3, one of MotoGP’s longest-tenured teams, has been acquired by a new investor group led by IKON Capital and joined by David Blitzer’s Bolt Ventures and Main Street Advisors, bringing two prominent sports-and-entertainment investment platforms into MotoGP team ownership.

Lukoil Signs Agreement With Carlyle To Sell International Assets Holding Company

By Amit Chowdhry ● Jan 29, 2026

LUKOIL announced that it has signed an agreement with U.S. investment company Carlyle related to the sale of LUKOIL International GmbH, a wholly owned subsidiary that holds the LUKOIL Group’s international assets. The company framed the step as part of efforts to address constraints imposed by certain countries on LUKOIL and its subsidiaries.

CVC Global Sport Group To Acquire Controlling Stake In Equine Network

By Amit Chowdhry ● Jan 29, 2026

CVC announced it has agreed to acquire a controlling stake in Equine Network, describing the business as the largest for-profit equestrian-based sports league in the U.S. The stake is being acquired from Growth Catalyst Partners, and the deal is expected to close in Q2 2026, subject to customary regulatory approvals.

EAM Closes $575 Million Fund II For Growth Software Investments

By Amit Chowdhry ● Jan 29, 2026

Equality Asset Management (EAM), a Boston-based private equity firm focused on transformative growth software and technology companies, announced it has closed its second fund, EAM Private Equity Partners II, L.P., with $575 million in total capital commitments. The firm said the fund was oversubscribed, with investor demand exceeding its hard cap.

Tree Line: $1.1 Billion Direct Lending Fund IV Closed To Expand Lower Middle Market Lending

By Amit Chowdhry ● Jan 29, 2026

Tree Line Capital Partners has closed its fourth flagship fund with $1.1 billion in total capital commitments, marking the largest raise in the firm’s history. The vehicle, Tree Line Direct Lending IV, LP, exceeded its $550 million equity target, finishing with $724 million in equity commitments plus $355 million in leverage commitments.

Bain Capital Acquires APP Jet Center, Entering Fixed-Base Operator Sector

By Amit Chowdhry ● Jan 28, 2026

Bain Capital has entered the fixed-base operator (FBO) sector with the acquisition of APP Jet Center, a provider of aviation services at high-quality, supply-constrained airports in the United States. The five-location platform was acquired from Ridgewood Infrastructure, with financial terms not disclosed.

Ambienta’s Sustainable Credit Opportunities Strategy Closes Above €500M Target

By Amit Chowdhry ● Jan 28, 2026

Ambienta SGR announced it has completed the final close of its Ambienta Sustainable Credit Opportunities vehicles, with total commitments surpassing the strategy’s original €500 million target.

Fika Ventures Promotes Gabriella Brignardello To Partner

By Amit Chowdhry ● Jan 28, 2026

Fika Ventures, a Los Angeles-based early-stage B2B venture capital firm, has promoted Gabriella Brignardello to Partner, elevating an investor who the firm says has been central to its growth over the past five years.

HarbourVest Closes $1.1 Billion Structured Solutions 2025 Vehicle For Private Market Secondaries

By Amit Chowdhry ● Jan 27, 2026

HarbourVest Partners announced it has closed HarbourVest Partners Structured Solutions 2025, an investment vehicle with the capacity to invest $1.1 billion in diversified private market secondaries spanning private equity and private credit.

Adenia Partners Makes First Majority Investment In Egypt With Parkville Pharmaceuticals Deal

By Amit Chowdhry ● Jan 27, 2026

Adenia Partners has signed definitive agreements to acquire a majority stake in Parkville Pharmaceuticals, marking Adenia’s first majority investment in Egypt. The stake is being purchased from Admaius Capital Partners, alongside Parkville’s leadership including Dr. Sherif Bassiouny, the company’s chairman, and Dr. Mahmoud Farrag, Parkville’s CEO. The transaction is subject to customary closing conditions and regulatory approvals. Financial terms were not disclosed.