Private Equity 3 Days

Last updated: May 28, 2026, 11:35 AM ET

Major PE Deals & Investments

Digital Bridge secured a $1.05bn acquisition of power and infrastructure PE firm Arc Light, including a base purchase price of $650 million plus up to $400 million in contingent consideration. Meanwhile, EQT took majority control of a merged electric vehicle charging platform formed through combining its portfolio company Voltera with Revel Transit, with BlackRock's GIP retaining a stake. In the healthcare space, Blackstone Life Sciences backed Apogee with a $1.3bn royalty and debt package, while I Squared Capital committed $1bn to launch a US AI inference data center platform targeting colocation workloads. PGIM deployed roughly $4bn into US residential land-banking transactions through a partnership with Domain Real Estate Partners as the asset management arm of Prudential Financial expands its asset-based lending capabilities.

European Expansion & Market Presence

KKR opened a new office in Milan, marking a significant step in the US private equity giant's localization strategy across Europe as it looks to deepen Italian investment opportunities. The firm also prepared to extend its hybrid credit franchise into Asia with Capital Group, marking their first move outside the United States. On the direct lending front, Oaktree Capital Management formed a partnership with Pantheon Ventures to scale its European direct lending strategy to as much as €1bn, as the firm looks to expand its presence in the region's growing private debt market. Modella Capital agreed to acquire Flying Tiger Copenhagen in what the London-based private equity firm described as its most ambitious move yet to build out an international high-street platform.

Secondaries Market Dynamics

Buyers and sellers in the secondaries market paid over $25,000 for legal counsel on LP-led deals, according to research by Alt Convey, with GP counsel fees ranging from zero to around $79,000. Winston & Strawn's Yulia Makarova suggested that UK regulatory scrutiny presents operational rather than structural challenges for secondaries deals. Meanwhile, PEI's latest placement agent ranking showed $82bn in new capital raised for GP clients last year as momentum returned for PE's external rainmakers. Seine Capital closed its debut fund above target by 20%, a milestone for the firm founded by Mantra Investment Partners