Private Equity 3 Hours

Last updated: July 16, 2026, 11:30 AM ET

Private Equity Dealmaking and Strategy

Private equity firms have been active on multiple fronts, with Pickton Gas Storage, a venture led by the former management of Nor Tex Midstream Partners. In Germany, H.I.G. Capital has launched Highground Living, a new residential platform valued at €1bn. Meanwhile, CCMP is reportedly, and One Equity Partners plans to, a pipe fabrication and distribution firm previously owned by Bernhard Capital Partners. Guardian has also to American Roller Company.

Fund Allocations and Governance

Institutional investors are adjusting their strategies, with Germany's KENFO planning to increase private markets allocation to 30% from 25% over the next two years, though it will simultaneously trim its private equity exposure. Partners Group has warned that could reach $20bn, and disclosed that private equity represents two-thirds of its underperforming assets. Intensified scrutiny on fund governance is also evident, as limited partners seek greater control and stronger protections against succession and zombie fund risks amid mounting fundraising pressures, according to a Paul, Weiss report.

Sector-Specific Acquisitions

Within specialized sectors, Zoetis intends to acquire VitalRads, a veterinary teleradiology services firm owned by Thrive Pet Healthcare, which is backed by TSG Consumer Partners. The building products sector continues to attract private equity interest, with firms like CD&R and Truelink reportedly.