Private Equity 3d Briefing
×Sports PE
Indian Premier League pe-insights.com has emerged as a serious private equity target, attracting global firms including KKR, Blackstone, Partners Group, and CVC Capital. The cricket league represents a growing opportunity for PE investors in emerging market sports properties.
Fundraising
Tikehau Capital pe-insights.com has closed its second private debt secondaries fund above target, securing more than $1 billion in commitments. The fund closure demonstrates strong investor appetite for private debt strategies in the current market environment.
Healthcare PE
Mid Europa pehub.com and SK Capital are leading private equity's bet on medical component manufacturing, with multiple deals in the sector. Avista pehub.com and Sheridan Capital have also invested in this growing space, highlighting healthcare's continued appeal to PE investors despite market volatility.
Personnel Moves
Morgan Stanley's secondariesinvestor.com global head of the PCA group has left the bank, though the firm has not yet named a replacement. The PCA group will continue to operate as usual during the transition period.
Acquisition Activity
Lone View-backed Cargo Sprint pehub.com has acquired Dray Dog, expanding its presence in the cargo software industry. Meanwhile, Peak Rock pehub.com is acquiring UL Solutions' employee health and safety software business, while Hg-backed Cube pehub.com has picked up regulatory tech firm 4CRisk. In other deals, Renovus-backed Angeion pehub.com acquired legal services firm Med Quest, and HKW pehub.com has acquired Handling Systems and Conveyors Inc. In the luxury space, Eurazeo pehub.com completed the exit of a minority stake in Ex Nihilo to L Catterton.
Potential Sales
Private equity firms pe-insights.com are circling as Johnson & Johnson explores a $20 billion-plus sale of its orthopedics unit De Puy Synthes. Separately, Bain Capital pe-insights.com is exploring a $3 billion-plus exit for Dessert Holdings through a dual-track process that could include either a sale or IPO.
IPO Market
Temasek pe-insights.com and ADIA are set to anchor a $341 million Clean Max IPO that is backed by Brookfield. The involvement of these sovereign wealth funds underscores strong institutional support for the green energy-focused IPO.
Private Credit Growth
Bank of America pe-insights.com is committing $25 billion of its balance sheet to private credit expansion, reflecting the growing importance of this asset class. Ares pe-insights.com has priced a $358 million European private credit CLO as the market continues to take shape. Meanwhile, Blue Owl pe-insights.com sold a $1.4 billion loan portfolio to pensions and insurers to manage redemptions.
Secondaries Market
Preqin founder pe-insights.com has built a $200 million stake in Hg Capital Trust through his family office, acquiring a 7.2% position. Plutus Partners secondariesinvestor.com, a Singapore-based single-family office, is open to secondaries opportunities across private real estate, debt, and equity. Secondaries Investor secondariesinvestor.com examines market capitalization projections for 2026 and beyond, with Evercore's global head of private capital advisory Nigel Dawn discussing key trends shaping the market's evolution.