Private Equity 3d Briefing
×Fundraising & Investment Activity
Fund Friday pe-insights.com highlights Tikehau Capital closing its second private debt secondaries fund above target with over $1 billion in commitments. Bank of America pe-insights.com is committing $25 billion of its own capital to expand its private credit operations. Ares Management pe-insights.com priced a $358 million European private credit CLO, marking its second direct lending CLO transaction. Preqin founder pe-insights.com Mark O'Hare's family office has accumulated a $200 million stake in Hg Capital Trust, building a 7.2% position in the listed private equity vehicle.
Major Exits & Portfolio Moves
Bain Capital pe-insights.com is exploring a $3 billion-plus exit for Dessert Holdings through a dual-track sale or IPO process. Eurazeo pehub.com completed its exit of the minority stake in luxury fragrance house Ex Nihilo, selling to L Catterton. Blue Owl Capital pe-insights.com sold a $1.4 billion portfolio of private loans to pension funds and insurers to manage redemption pressures. Johnson & Johnson pe-insights.com is preparing a potential sale of its orthopedics unit De Puy Synthes, with private equity firms circling the $20 billion-plus business.
Sports & Entertainment Investments
Sports' Saturday pe-insights.com reports that India's Indian Premier League has emerged as a serious private equity target, with global firms including KKR, Blackstone, Partners Group, and CVC Capital Partners expressing interest in the cricket league's commercial rights.
Sector-Specific Deal Activity
Mid Europa and SK Capital pehub.com are leading private equity's bet on medical component manufacturing, joining other firms active in the space. Avista, Mid Europa, SK Capital, and Sheridan Capital pehub.com are among PE firms investing in medical component manufacturing, with five notable deals completed recently. Houlihan pehub.com notes structural challenges looming over European defense deals, while space tech has become a top target for investors seeking dual-use growth opportunities.
Technology & Software Acquisitions
Peak Rock Capital pehub.com is acquiring UL Solutions' employee health and safety software business based in Chicago. Hg-backed Cube pehub.com picked up regulatory technology firm 4CRisk to expand its automated regulatory intelligence offerings. Renovus-backed Angeion pehub.com acquired legal services firm Med Quest, adding to its Philadelphia-based legal notice and administration services platform. Lone View-backed Cargo Sprint pehub.com acquired Dray Dog, expanding its software offerings for the cargo industry.
Industrial & Infrastructure Deals
HKW pehub.com acquired Handling Systems and Conveyors Inc, which serves aerospace and defense, industrial manufacturing, and transportation end markets. Micro Grid Networks pehub.com secured an investment from Palisade Infrastructure while retaining SER Capital Partners as its majority owner.
Wealth Management & Financial Services
Stone Point Capital pehub.com invested in Amber River, an independent wealth management advice firm in the UK. Secondaries Investor secondariesinvestor.com reports on market capitalization trends in secondaries for 2026 and beyond, with Evercore's Nigel Dawn discussing key trends shaping the market.
Regional & Market Developments
Temasek and ADIA pe-insights.com are anchoring Brookfield's $341 million IPO of Clean Max, planning to participate as cornerstone investors. Singapore-based single-family office Plutus Partners secondariesinvestor.com is open to secondaries opportunities across private real estate, debt, and equity. Morgan Stanley's PCA chief secondariesinvestor.com has left the bank, with no replacement named yet for the global head of the PCA group.