Private Equity 3 Hours

Last updated: April 27, 2026, 2:30 PM ET

Private Equity Dealmaking

Stonepeak & Bernhard Capital are moving to acquire electric utility Cleco in a transaction involving a consortium seller that includes Macquarie Asset Management, British Columbia Investment Management Corporation, and Manulife Investment Management. This action suggests continued appetite for regulated infrastructure assets despite rising financing costs. Separately, European resale platform Vinted achieved an €8bn valuation following a substantial secondary share sale, signaling strong private market pricing for high-growth consumer technology names.