Private Equity 3d Briefing
×Executive Moves & Firm Expansions
Littlejohn pehub.com has appointed Shant Mardirossian as managing director and COO, creating a new role where he will work closely with managing partners across finance, legal & compliance, operations, and investor relations teams. Aurelius pehub.com is expanding its global footprint by opening three new offices in Amsterdam, Milan, and Zurich, targeting substantial potential within the local SME sector. Sverica pehub.com has promoted Michael Dougherty to partner and Doug Patrican to principal, while recently hiring Matt Johnson as a principal.
Major Buyouts & Takeovers
Global Infrastructure Partners and EQT pe-insights.com are in advanced discussions to acquire US power producer AES in a potential $12.4 billion takeover, with co-investors including California Public Employees' Retirement System and Qatar Investment Authority. BlackRock's GIP and EQT pehub.com have lined up a $10.7 billion deal to take energy firm AES private. Advent International pe-insights.com is among potential bidders for Senior plc, which disclosed it has received five takeover approaches valuing the company at approximately $1.78 billion.
Strategic Investments & Growth Capital
Warburg Pincus pe-insights.com is preparing to invest up to $1 billion in Global Eggs, targeting an $8 billion egg empire. HgT pe-insights.com has deployed approximately $62 million into new co-investments in One Stream and Septeo. Bain Capital pehub.com has announced an investment in Tingstad, a Swedish family-owned specialist distributor of non-food consumables serving Ho Re Ca, culture, facilities management, grocery, and retail sectors.
Portfolio Company Activity
Meritus Gas Partners pehub.com, a portfolio company of AEA Investors, has acquired Greens Welding Supply. Boyne Capital pehub.com has sold McKee Utility Contractors to Mastec Inc, following a recapitalization partnership with management in December 2022. Falfurrias-backed Woven Solutions pehub.com has acquired government consultancy Valence, a Reston, Virginia-based provider of software for the national security community.
Secondaries Market Recognition
The Secondaries Awards 2025 have recognized industry leaders across regions, with Goldman Sachs Asset Management secondariesinvestor.com taking Secondaries Firm of the Year in the Americas, Ardian secondariesinvestor.com winning the same title in EMEA, and various winners acknowledged in the Asia-Pacific region secondariesinvestor.com.
Industry Insights & Conferences
At NEXUS 2026, Hellman & Friedman's Patrick Healy pehub.com shared insights on returning capital, stating "There are many tools to return capital. We try to avail ourselves of them." The conference also highlighted concerns about a potential "zombie apocalypse" in private equity, with discussions around a "Goldman handful" of firms dominating the landscape pehub.com. Alvarez & Marsal pehub.com noted that tariff uncertainty is complicating valuations across the industry.
Strategic Partnerships
Coller Capital pe-insights.com has formed a distribution partnership with Mediobanca Private Banking to expand evergreen secondaries access in Italy. CVC and Hartenberg-backed FutureLife pehub.com is acquiring Herts & Essex Fertility Centre, expanding its UK operations to three centers.
Fundraising & Capital Markets
Fund Friday pe-insights.com highlighted top fundraising news in private equity, with FS KKR Capital Corporation, a publicly traded private credit vehicle managed by KKR, reporting increased activity. Calpers pe-insights.com remains confident in its private credit exposure despite rising AI-driven software risks in the $1.8 trillion private credit market.
Sector-Specific Transactions
BCP pehub.com has sold United Utility Services to Sandbrook, a company that supports utilities, cooperatives, and municipalities through the full asset lifecycle. CVC is expanding its healthcare portfolio through the acquisition of Herts & Essex Fertility Centre by its portfolio company Future Life.