Private Equity 8 Hours

Last updated: May 27, 2026, 2:31 PM ET

M&A Activity & Capital Deployments EQT‑backed Voltera merges with Revel as the EQT fund takes majority control while Global Infrastructure Partners retains a minority stake, creating a combined EV‑rideshare platform positioned to tap Europe’s expanding electric mobility market. In a parallel move, DigitalBridge acquires ArcLight for $1.05bn with a $650m base price and up to $400m contingent consideration, widening its portfolio of data‑center assets amid rising demand for edge infrastructure. Both transactions illustrate private equity’s focus on consolidating fragmented tech‑enabled services to achieve scale and operational synergies.

Strategic Exits & Large‑Scale Stake Sales Mubadala sells Global Foundries stake for $1.91bn by offloading 22 million shares in an unregistered block trade, generating cash for the sovereign fund to redeploy into diversification initiatives. The sale underscores a broader trend of sovereign investors trimming exposure to capital‑intensive semiconductor assets as market volatility persists. Meanwhile, CVC Credit reinforces Curium backing with refinancing through a mixed debt‑equity package, signaling confidence in nuclear‑medicine growth despite regulatory headwinds and providing a template for structured refinancings in specialty health sectors.

Impact‑Focused Capital Allocation APG expands impact target toward €10bn as the Dutch pension giant partners with general partners to channel more capital into environmentally and socially responsible private‑equity funds, leveraging its €615bn asset base. At the same time, Impact‑focused LPs add CV diligence layer during the PEI Impact Investor Global Summit, indicating that limited partners will increasingly require verifiable impact metrics before committing, a shift that could tighten deal pipelines for firms lacking robust ESG reporting.

Mid‑Market Platform Strengthening Carlyle appoints Ian Fujiyama as chairman of its US/Europe‑focused mid‑market platform, aiming to accelerate cross‑border deal flow and deepen sector expertise in technology and services. The leadership change complements Carlyle’s Fujiyama touting ADG service opportunities, where he cites rising government demand for cyber and AI‑enabled defense solutions, suggesting the firm will prioritize acquisitions in high‑growth, security‑adjacent niches.

Sector‑Specific Funding Highlights Blackstone Life Sciences backs Apogee with $1.3bn package combining royalty and debt financing to support the biotech’s pipeline expansion, reflecting private equity’s appetite for capital‑intensive drug development amid favorable regulatory pathways. In the retail space, Modella Capital extends UK high‑street roll‑up with Flying Tiger Copenhagen acquisition, marking its most ambitious expansion and signaling confidence that physical‑store concepts can still generate returns when paired with disciplined cost management and omnichannel integration.

Cross‑Border Credit Expansion KKR and Capital Group launch Asia credit fund to extend their hybrid credit platform beyond the United States, targeting infrastructure and corporate borrowers in the region later this year. The initiative, backed by Bloomberg sources, represents a strategic diversification for both firms as they chase higher yields in emerging markets, while also testing investor appetite for private‑credit structures that blend public‑market liquidity with private‑deal flexibility.