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Private Equity 3 Hours

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4 articles summarized · Last updated: LATEST

Last updated: June 4, 2026, 2:30 PM ET

Market Dynamics

Limited partners question secondaries returns amid growing skepticism around LP-led transactions, while captive vehicles and continuation funds attract renewed investor attention. The shift reflects changing appetite in private equity markets where HPS assumes control of Discovery Behavioral Health, a provider specializing in mental health, eating disorder, and substance use disorder treatment across pediatric and adult populations.

Deal Activity

Former NFL quarterback Eli Manning's investment firm acquires RCX Sports from Raine Partners, expanding Brand Velocity Group's footprint in youth football and athletic programs. The transaction coincides with insights from the PEI 300 ranking, which reveals fundraising trends suggesting the private equity landscape extends beyond headline figures to include evolving sector preferences and investor behavior patterns.