Private Equity 3 Days

Last updated: August 22, 2026, 2:31 AM ET

Private Credit & Secondaries

Credit pricing strengthens amid growing buyer competition as new market entrants seek to pre-empt auction processes to differentiate themselves, according to Lazard’s PERSON_NAME. European secondaries build the infrastructure with Blackstone Strategic Partners anchoring EQT’s new AI Infrastructure Fund. Jefferies Credit Partners targets $1.16bn for a private credit secondaries fund, while Icg backs Onex’s PERSON_NAME again in a CV-on-CV process.

Large PE Deals & Exits

KKR-backed consortium agrees a $5.5bn take-private and break-up of Steadfast Group, valuing the insurance broker at $5.5bn (A$7.7bn). Carlyle explores a $2.5bn-plus sale of alternative data provider YipitData, potentially valuing the business at more than $2.5bn. Arctos strikes a deal for 10% of Atlanta Falcons at a $10.6bn valuation. CVC and Standard Life launch a UK pension risk transfer platform with up to £2bn in commitments.

Growth Equity & Corporate Development

Oakley Capital strikes a deal for majority stake in AI platform Graphwise. Midas Atlantic and Najafi sign a deal for Panasonic power and battery unit. Turnspire Capital Partners acquires rail services provider Hulcher. River Associates acquires personal care products manufacturer Diamond Wipes.

AI & Tech Trends

Domyn CEO Uljan Sharka says the firm is “a few quarters away from $1bn ARR.” Rillet raises $100M Series C at $1B valuation two years after emerging from stealth. Callosum raises $100m seed led by PERSON_NAME to tackle AI compute bottlenecks. Velatir raises €5m to accelerate AI adoption across Europe.

PE-Backed Transactions & Regulatory Scrutiny

The DOJ is investigating a16z after PERSON_NAME notes two partners sit on boards of competing companies. Charlesbank has a $700m WSHB deal testing the last wall keeping private equity out of law. For a16z, PERSON_NAME pushes international AI founders as U.S. scrutiny intensifies. Cvc takes a stake in Silicon2 as K-beauty conquers Western shelves. Blackford Capital adds fire safety integrator to its platform in a second add-on.

Cross-Border & Niche Plays

KKR buys into BookMyShow, betting on ADDRESS live entertainment boom. PSG invests in construction software provider XBE. Phoenix Equity Partners backs Irish occupational health provider Medmark. Baird Capital exits Cleanwater1 in a sale to Veralto. Cvc explores a $500m exit from Vietnamese English-language schools.