Private Equity 3d Briefing
×Market Moves
GP-led exits secondariesinvestor.com are gaining momentum as Temasek’s Azalea Investment Management anticipates more GPs using technology to liquidate assets for LPs. One River pe-insights.com expanded to $3bn AUM via acquisition of LGT Capital’s quant arm, while Blackstone pehub.com’s Verdun Perry predicts 30%-40% exit growth in 2026. Verdane pehub.com bid £186m for Augmentum Fintech, and Kinderhook pehub.com acquired home health firm Enhabit for $1.1bn. KKR pe-insights.com outbid rivals for XCL Education ($1.3bn), and General Atlantic pe-insights.com tested a $550bn ByteDance valuation in secondary sales.
Macro & Policy
Exit activity is set to surge, with Blackstone’s Perry noting secondaries buyers will drive higher prices. Japan pehub.com may intervene in currency markets amid speculation, while Ecuador pehub.com eyes a $4bn bond sale. CalPERS pehub.com is pushing GPs for greater transparency to manage its $613.7bn portfolio. Bain pe-insights.com reported $904bn in global buyout deal value, citing “12 is the new 5” as returns reshape private equity.
Deal Highlights
Gencom pe-insights.com accelerated hotel acquisitions with family office backing, while Bluestone pe-insights.com strengthened its sports portfolio via a USA Archery pact ahead of the 2028 Games. Broadband provider Vero Networks pehub.com raised $500m from Hamilton Lane and others. Arcline pehub.com invested in Hydraulics International, and Bay Hawk pehub.com backed Gridco’s energy solutions.
Tech & Innovation
AI disruption looms, with Thoma Bravo’s Holden Spaht pehub.com and Anastasia Titarchuk pehub.com discussing its impact on public markets. One Magnify pehub.com acquired Optimal’s AI-driven marketing business, and Scale Microgrids pehub.com expanded via EQT-backed Reload. L Squared pehub.com snapped up Functional Devices, and Haveli pehub.com backed Sirion’s software innovation.
Sector Shifts
Water infrastructure pehub.com drew interest as Ambienta’s NDA advanced, while Green Heron pehub.com invested in Regency Plumbing. GHK Capital pehub.com acquired CPL, an architecture firm with 500+ employees. Frazier Healthcare pehub.com’s Rev Spring acquired Trust Commerce in a healthcare tech move.
Market Dynamics
OMERS pe-insights.com reported $8.2bn net income despite PE lagging broader portfolios. Secondaries Investor secondariesinvestor.com noted 85 CVs closed in 2025, with 40 more launching. Bain’s study secondariesinvestor.com found 40% of GPs plan CVs in 2026. PIF’s Jada Fund pe-insights.com targets $200m Saudi private credit deployments.
Global Expansion
Miura and Mindful Capital pehub.com sold Italcer to Wienerberger, while Kava Equity pehub.com acquired The Berg Group. Angeles Equity Partners pehub.com tapped Eric Dunn as VP for operating teams. Crestview-backed One Magnify pehub.com acquired Optimal’s marketing unit.
Energy & Infrastructure
Rockpoint Gas Storage pehub.com closed a C$459m secondary offering. Permira pehub.com sold Evelyn Partners to Nat West for £2.7bn. Conoco Phillips pe-insights.com explores a $2bn Permian asset sale. Gemspring pehub.com exited Security 101 via Morgan Stanley.
Conclusion
Private equity remains active despite volatility, with exits, secondaries, and tech-driven deals dominating. Strategic acquisitions and macroeconomic shifts will shape 2026’s trajectory.