Private Equity 24 Hours

Last updated: May 27, 2026, 11:33 AM ET

Personnel Moves & Leadership Changes

Private equity firms made several strategic appointments as the industry consolidates expertise amid growing market complexity. EIV Capital elevated Jason Tracton to partner after his September 2022 arrival as managing director of EIV Resources, while Omni Partners brought aboard Roald Hunvik as partner, marking the firm's first hire outside the UK from its Oslo base. In a significant leadership shift, Ardian appointed Mark Benedetti as co-CEO, leveraging his two decades with the firm and Executive Committee chairmanship since September 2023. Separately, Carlyle named Ian Fujiyama chairman of its US/Europe-focused midmarket platform, positioning him to capitalize on what he describes as "attractive opportunities in ADG services" driven by geopolitics and security priorities.

Impact Investing & LP Strategies

Limited partners are increasingly turning to continuation vehicles as tools for preserving impact missions while navigating secondary markets. According to panelists at PEI Group's Impact Investor Global Summit, impact-focused LPs deploy CVs to "lock" the impact mission of companies, adding layers of diligence requirements that distinguish these investments from traditional PE structures. Meanwhile, the €615 billion Dutch pension giant APG is collaborating directly with GPs to achieve its €10 billion impact PE target, reflecting a broader institutional pivot toward measurable environmental and social outcomes. This trend coincides with CPP Investments reporting fiscal 2026 net assets of C$793.3 billion, representing a 7.8% return with private equity comprising 22% of the fund's total allocation.

Large-Scale Acquisitions & Platform Builds

London-based Modella Capital agreed to acquire Flying Tiger Copenhagen in what represents the firm's most ambitious move to build an international high-street platform, signaling continued appetite for European consumer brands despite macroeconomic headwinds. Fortress Investment Group acquired IP licensing company IPValue, which has historically managed licensing for over 20,000 technology patents, expanding Fortress's intellectual property portfolio amid rising patent monetization activity. In healthcare services, Shore Capital-backed Ondex Automation purchased electrical engineering firm The Fitch Company, strengthening the Chicago-based automation systems integrator's technical capabilities.

Technology & Healthcare Investments

Database provider Click House tripled annualized revenue to $250 million while charting a path toward IPO within the next few years, demonstrating resilience in enterprise software spending despite broader tech market volatility. The financing startup Capchase secured $26 million in equity and a $174 million credit facility, totaling $200 million in new funding as it positions itself as the "Affirm for B2B" in working capital solutions. Blackstone Life Sciences committed up to $1.3 billion in combined royalty and debt financing to Apogee Therapeutics, marking one of the largest strategic collaborations in the firm's healthcare portfolio this year.

Infrastructure & Data Center Plays

The infrastructure buildout supporting artificial intelligence workloads continued accelerating as I Squared Capital launched a US data centre platform with up to $1 billion in committed capital, targeting colocation and AI inference workloads amid surging demand for specialized computing infrastructure. DigitalBridge agreed to acquire ArcLight for $1.05 billion, comprising a $650 million base purchase price plus up to $400 million in contingent consideration, expanding the digital infrastructure investor's footprint in fiber and wireless assets.

Fundraising & Market Performance

Placement agents proved instrumental in channeling capital to private equity managers, with PEI's 2025 ranking showing $82 billion in new capital raised for GP clients by the most active participating firms. European venture capital firms faced headwinds as Bek Ventures, formerly Earlybird Digital East, lost four investment team members in four months, highlighting talent retention challenges in the competitive fund management landscape. Meanwhile, Straylight Capital invested in loyalty rewards provider Patron Points alongside Scaleworks co-investors, targeting the growing customer retention technology sector.

Software & Industrial Consolidation

Hg continued active deployment in the rights and royalties sector, investing $500 million in Rightsline while Ambienta-backed No Dig Alliance acquired Sweden's JS Drilling Solutions, an underground pipe installation specialist. In enterprise software, Main Capital-backed Xait acquired Germany's SAE, which provides CPQ and variant management services, strengthening Xait's position in manufacturing and industrial software markets. Staple Street-backed Ivy Technology acquired ISP Tek Services, expanding the technology lifecycle services provider's infrastructure solutions capabilities.

Cross-Border Credit Strategies

KKR and Capital Group prepared an Asia push with a public-private credit fund, marking their hybrid credit franchise's first expansion outside the United States later this year. This follows growing institutional appetite for private credit solutions in emerging markets, where traditional bank lending has retreated. CVC Credit reinforced its position in Curium through a new debt and equity package supporting refinancing of the Paris-headquartered nuclear medicine specialist, demonstrating continued confidence in healthcare infrastructure assets.

Strategic Exits & Portfolio Management

CVC Capital Partners sold its entire 13.8% stake in Spanish energy group Naturgy for approximately €4 billion, ending an eight-year holding period and delivering substantial returns to investors as European energy markets stabilized post-crisis. Periscope Equity invested in payments technology firm Amusement Connect, with John Tarpley and Frank Licausi taking CEO and chief customer and brand officer roles respectively alongside longtime president Tom Jayroe. The firm CIG divested music school franchise Bach to Rock to Spark Harbor, an operator of franchised youth activity brands, completing a strategic exit in the education services sector.