SoftBank is setting up a US‑listed AI and robotics firm, Roze, to build data centres as Masayoshi Son pushes his AI plan. The move follows the SoftBank‑backed venture that will tap a $500bn Stargate‑style partnership with Oracle, MGX, and others. Investors watch how the new listing will fund the company’s compute push and investments in.

Starwood's high‑profile property fund has suspended redemptions to stem a run on assets, after a 2022‑23 rate‑rise gamble faltered. Meanwhile, hedge‑fund magnate Ken Griffin warned that wealthy clients may not grasp the illiquidity of private credit and could struggle to pull out capital during a downturn in market conditions today for the investors to decide.

CVC and KKR face long ownership for Unilever units they bought: CVC poured €210mn into the tea business, which struggles as UK tea sales decline and Kenyan estates falter. KKR revived a sale plan for its margarine arm, Flora Food Group, targeting up to $10bn after shifting from a plant‑based strategy to meet dairy demand.

Bill Ackman’s Pershing Square IPO saw its shares trade 16% below assets, leaving investors underwater despite a $4bn valuation boost from the new fund. The fresh capital, though, gives Ackman a liquid base to chase high‑risk deals, including a controversial Universal Music takeover, as he refocuses on fee‑generation and leveraged investments for his investment strategy.