Private Equity 24-Hour Briefing
×Last updated: March 19, 2026, 1:30 PM ET
Dealmaking & Exits in Europe
CVC Capital Partners and Nordic Capital are reportedly exploring exit avenues for the vehicle components manufacturer Cary Group, potentially valuing the business at over €3 billion, signaling continued appetite for large European industrial assets. In the mid-market space, Ares Management is leading capital raises through continuation vehicles, including a fund for nursery operator Kids Planet exceeding £400 million and another vehicle for a frozen baked goods firm, MCH, raising €300 million, as GPs seek to manage hold periods Secondaries Investor. Meanwhile, Permira is preparing to divest its stake in AltamarCAM, a global private markets specialist managing €20 billion in assets, to Mercer, illustrating the flow of primary capital into established secondaries and advisory platforms.
US Private Equity Activity & Sector Focus
Blackstone’s portfolio company, healthcare advisory firm Chartis, has expanded its technology footprint by acquiring Chicago-based health tech firm Leap AI, underscoring the continued sector migration towards digitized healthcare solutions. In infrastructure, LS Power is set to purchase approximately 4.4 gigawatts of predominantly natural gas-fired generation capacity across Pennsylvania and Delaware from Constellation Energy for a total consideration of $5 billion, reflecting major private capital deployment in US energy transition assets. Further consolidation occurred in the IT services vertical, where Sterling acquired managed IT services provider Cyber Advisors, which services small, mid, and enterprise clients across various end markets.
Secondaries Market Dynamics & Strategy
The secondaries market is showing a shift away from pure technology plays due to recent sector disruption, with investment banks observing increased interest in other verticals, according to Houlihan Lokey. In GP-led transactions, HighVista Strategies appointed Raudel Yanez to lead its new strategy focused on lower middle-market private equity secondaries, aiming to capitalize on GP liquidity needs in smaller deals. Furthermore, Bindley Capital has structured a 'synthetic secondary' offering for its portfolio company, Guardian Pharmacy Services, an Atlanta-based long-term care pharmacy services provider, a mechanism often utilized to provide liquidity without a full fund sale.
Sector-Specific Investments & Growth
Firms are actively deploying capital into specialized industrial and environmental services. ICG has backed Italian railway maintenance provider Comcreta to accelerate expansion, aligning with broader government investment in European rail infrastructure. Concurrently, Fort Point recapitalized environmental services firm Boston Green as capital chases ESG-aligned infrastructure opportunities. In life sciences, a financing deal valued near $1.3 billion, advised by Mintz, supported the merger of B-Flexion Life Sciences-backed companies Paratek and Radius Health.
Talent Movement & Tax Planning
Personnel changes signal strategic shifts, as former CVC Managing Director, has joined Revelation Partners after departing CVC last year. On the advisory side, wealth management experts are emphasizing proactive tax planning, recommending that GPs gift portions of carried interest early to ensure future appreciation accrues outside the principal's taxable estate, offering substantial legacy building advantages.
International Growth & Emerging Markets
The European Bank for Reconstruction and Development (EBRD committed $40 million to the Templeton Türkiye Fund, which is targeting a total raise of $300 million, indicating continued institutional support for emerging markets PE vehicles. In a domestic move, a survey suggests that one in five UK founders plan to relocate their businesses abroad within the next year, pointing to regulatory or economic pressures influencing entrepreneurial domicile decisions.
AI, Tech, and Culture Investments
The interest in technology remains strong, though the focus is shifting toward measurable application; authors argue that successful AI pilots must demonstrate tangible business outputs rather than just theoretical integration Strattam Capital. In the AI application space, Index Ventures backed Parallel, a Y Combinator alum, with a $20 million Series A to integrate AI agents into hospital workflows. Separately, the cultural asset space saw Pophouse Entertainment become the majority owner, alongside BMG, of the music interests of Tina Turner, following the trend where catalog acquisition has become a favored investment area Audax.