Private Equity 8 Hours

Last updated: July 28, 2026, 11:30 AM ET

Family Offices Reassess Private Equity Holdings

Family office Green Bear is scaling back its private equity exposure, favoring separately managed accounts for their perceived cost-efficiency and alignment with lower private equity return expectations, according to investment chief Vishnu Amble. Amble also indicated a willingness to engage in bilateral sales of private equity fund stakes through the secondaries market as the firm restructures its portfolio and reduces its allocation to illiquid assets.

Deal Activity Across Sectors

AE Industrial Partners has appointed Leonard Dollaga as operating partner to identify and assess investment opportunities in national security sectors, particularly maritime. In other deals, HIG Capital has acquired infrastructure services and engineering firm Avove, which operates within the regulated water and power markets. Behrman Capital-backed Micross has acquired manufacturer AEMtec, a provider of microelectronic solutions for aerospace, defense, space, medical, and industrial applications. FEP has acquired Australian Planet Fitness franchisee Bravo Fit, marking Planet Fitness's exit from its minority ownership position acquires franchisee. Mutares has agreed to acquire the Free2move car-sharing business from Stellantis, which operates services across 14 cities in Europe and the US. BC Partners is set to acquire a co-control stake in Info RLife, a Swiss CDMO specializing in ready-to-use IV infusion bags.

Investor Activity and Fund Strategies