Private Equity 8 Hours

Last updated: September 8, 2026, 2:25 PM ET

Deals & Exits

GE Aerospace has agreed to acquire Consolidated Precision Products from Warburg Pincus and Berkshire Partners in a $11.75bn deal, marking one of the largest private equity exits of the year. The Cleveland-based castings manufacturer, which employs roughly 6,600 people across more than 20 facilities, has supplied GE Aerospace for over 15 years. In a separate transaction, ICG Infra has agreed to acquire Westerleigh Group from Ontario Teachers' Pension Plan and USS. Westerleigh, the UK's largest private operator of crematoria and cemeteries, runs 42 sites across England, Scotland and Wales. The deal highlights continued infrastructure investment in essential social assets.

Hudson Hill Capital has closed a single-asset continuation vehicle for InXpress, the international parcel and freight services provider. Managing partner Eric Rosen said the firm has "barely scratched the surface" of the InXpress platform. Meanwhile, Altaline Capital completed a growth investment in Risk & Regulatory Consulting, the Farmington, Connecticut-based actuarial and compliance firm that supports insurance regulators across 44 states.

Fundraising & Capital Formation

Brookfield Asset Management has secured a multi-asset mandate from the UK's Nuclear Liabilities Fund, with an initial commitment of $1bn. The long-term mandate will see Brookfield deploy capital across multiple asset classes on behalf of the fund, which manages liabilities tied to the UK's nuclear decommissioning program. This marks a significant win for the asset manager in the institutional mandate space.

EQT and PSG Equity are among the backers of Mistral's record €3bn Series D round, valuing the French AI developer at €21bn. The round underscores the growing appetite among private equity and growth investors for frontier AI companies. Separately, Crescenta, Spain's first digital manager dedicated to private equity investing, has launched a closed-end ELTIF that opens the asset class to retail investors with a €5,000 minimum commitment.

People & Leadership

Mill Point Capital has named Michael Kaplan, a veteran of Littlejohn & Co., as its new managing partner. The lower-middle-market firm focuses on control investments in business services, industrials and IT services across North America. Edmond de Rothschild Asset Management has hired Mirova's Zineb Bennani for a newly created role as head of strategic development for its private assets business. Her appointment signals a push to expand private markets capabilities across the firm's European platform.

Emerging Strategies

Bluecore Energy has raised an oversubscribed $50M seed round just two months after launching, following a $10M pre-seed. The nuclear startup is developing floating small modular reactors. Main Capital Partners has landed its first UK deal, acquiring a majority stake in Orgvue, the London-based strategic workforce-management software provider. The acquisition marks a strategic entry into the UK software market for the Dutch firm.

Industry Outlook

The private equity exit backlog is fundamentally a readiness problem, according to PwC partner Gregory Bournet. GPs must ensure portfolio company boards can answer diligence questions cleanly and quickly at a moment's notice, he writes, as buyers increasingly demand speed and transparency. Meanwhile, a potential rule change on political donations is reigniting the old pay-to-play debate in the industry, with implications for how firms navigate regulatory and political exposure.