Private Equity 8 Hours

Last updated: June 17, 2026, 11:30 AM ET

Secondaries Surge and Strategic Exits

Singapore’s sovereign‑wealth fund finalises $2bn private‑credit sale as it taps a booming secondaries market, while Flexstone acquires Glouston to create a platform managing over $15bn in assets, underscoring the rapid consolidation of secondary‑market players. At the same time, Clearlake closes $14.8bn fund with a pronounced AI focus, illustrating that large‑cap managers continue to attract capital even as fundraising timelines stretch, a trend detailed in five GP tactics to keep LPs onside.

Large‑Cap Deal Activity

The $8.9bn all‑cash acquisition of Clario Holdings by Thermo Fisher Scientific, driven by Nordic, Astorg, Cinven and Novo Holdings, marked the biggest full‑exit announced last year, reflecting deep interest in pharma‑digitalisation assets as outlined in the deal’s background. In parallel, TPG’s purchase of Waste Eliminator and Liberty Waste Solutions expands its waste‑management footprint, and Investcorp takes a strategic stake in IT distributor Metra gives the UAE‑based firm exposure to over 6,500 partners across the GCC and MENA, highlighting private‑equity appetite for technology‑enabled distribution networks.

Infrastructure and Data‑Centre Expansion

CPP Investments commits up to $715m to Ctrl S to scale the Indian data‑centre platform, reinforcing the Canadian pension fund’s bet on one of the fastest‑growing digital‑infrastructure markets. Complementing this, I Squared partners with the US International Development Finance Corporation to build a $3bn Indo‑Pacific energy platform, targeting critical power assets across South and Southeast Asia, a region where demand for grid upgrades is accelerating.

Aviation Leasing and Asset‑Based Credit

KKR adds $1.4bn to Altavair as part of its cumulative $8bn commitment to aircraft leasing and lending, signaling confidence in the sector’s post‑pandemic recovery and the value of structured financing. Meanwhile, Blackstone launches Sable Pointe Credit Strategies to deepen its asset‑based lending origination, reflecting the firm’s push into a credit niche that has outpaced traditional leveraged‑loan growth.

Mid‑Market Healthcare and Technology Moves

CVC Catalyst’s acquisition of a majority stake in prosthetics maker Willow Wood expands its mid‑market healthcare portfolio, while Arcline takes AstroNova private at $29 per share, valuing the tech company at roughly $272m, adds to the firm’s growing tech‑focused platform. In the software arena, Quest acquires cybersecurity firm Anetac and Montagu buys BMC Helix, both moves that enhance portfolio capabilities in data‑management and AI‑driven Service Ops.

Fundraising Pressures and LP Relations

Fund managers confronting “one of the toughest fundraising environments in years” are increasingly tailoring outreach, as detailed in five ways GPs can keep LPs on side. The extended timelines compel GPs to provide deeper transparency and milestone‑based capital calls, a shift that may reshape capital‑deployment pacing across the private‑equity landscape.