Private Equity 3d Briefing
×Private Equity Market Pulse
The S&P 500 pehub.com dropped 1.2% marking its first two-week loss since June. Entrata pe-insights.com is working with Goldman Sachs and JPMorgan on an IPO. Sverica pehub.com promoted Michael Dougherty to partner and Doug Patrican to principal. Fund Friday pe-insights.com highlighted KKR Capital Corporation’s troubled loans and lower Q4 results. BlackRock’s GIP and EQT pe-insights.com line up a potential $12.4bn AES takeover. ‘Goldman handful’ and the zombie apocalypse pehub.com were key takeaways from NEXUS. Woven Solutions pehub.com, backed by Falfurrias, acquired government consultancy Valence.
Deal Flow & Exits
Advent pe-insights.com is among suitors for Senior plc, which disclosed $1.78bn takeover interest. Calpers pe-insights.com remains confident in its $1.8tn private credit exposure despite AI risks. Blackstone pe-insights.com, CVC, and Brookfield bid for VW’s $9.44bn Everllence carve-out. DPI pehub.com named Sofiane Lahmar as new CEO. Searchlight and Abry pehub.com will take IoT company Kore private for $726m. Zenex Animal Health pehub.com, backed by Multiples, picked up Netherlands-based Vieve Pharm. Astorg’s mid-cap co-head pehub.com Edouard Pillot left the firm. PE eyes hospice care platforms pehub.com with Kinderhook, Renovus, and Revelstoke active. Advent sealed a takeover pe-insights.com of Southeast Europe’s fast-growing tbi bank.
Mergers & Acquisitions
Trive Capital pehub.com invested in Rolfson Oil, which later acquired Flint Logistics. EQT pehub.com sold remaining Azelis shares for €190m. Renovus-backed SolomonEdwards pehub.com snapped up consulting firm CFO’s Domain. Stay22 pehub.com secured $122m from Summit Partners. Gemspring-backed Zavation pehub.com picked up Choice Spine. Clearlake’s José E. Feliciano pehub.com warned AI disruption makes software buyouts a "four-letter word." Sterling tapped Noah Bishop pehub.com as SVP. Toyota pe-insights.com moves to unwind $19bn in cross-shareholdings. Cavu promoted Jared Jacobs pehub.com to managing partner. Behrman sold Waterline Renewal Technologies pehub.com to Azuria. Insight Equity scooped up IKI pehub.com, a consumer products maker. Terminus invested in Eventus pe-insights.com, a fintech firm. IOP to sell Royston pehub.com to LSI Industries for $320m. Bridgepoint invested in GoldState Music pehub.com. CPP Investments secondariesinvestor.com will mull secondaries sales to "trim older exposure." Blackstone’s Foley and Khan pehub.com highlighted Arlington’s add-on potential. Arcmont secured $1.62bn pe-insights.com for European private credit. Oaktree explores $2.7bn exit pe-insights.com for UK wealth manager Utmost. La Caisse grew to $378bn pe-insights.com with a 9.3% return. Inflexion’s John DiGiovanni pehub.com sees "exciting" AI use cases in healthcare. Apollo and BNP Paribas pe-insights.com joined forces to expand European private credit. Permira named Giorgio Dinaro pehub.com as Milan head.
Market Dynamics
KKR’s $13bn FSK fund pe-insights.com adapts to shifting private credit. Blackstone private credit fund pe-insights.com priced a $400m 2029 bond amid software volatility. Private equity’s problems explained ft.com via FSK’s filings. Private equity’s expanding playbook secondariesinvestor.com highlights accounting firm consolidation. GP-led credit market secondariesinvestor.com explores