Private equity firms are pushing back against market fears about artificial intelligence's impact on valuations while a Bertram Capital-backed compliance company expands in the UK. The sector continues to grapple with valuation mismatches that have persisted for years, particularly affecting mid-tier assets that remain unsold.

Partners Group CEO David Layton called AI-related selloffs in public markets "wildly overdone," noting the firm's minimal exposure to software at less than 2 percent of assets under management. Industry sources report that while top-tier portfolio companies still attract buyers, mid-tier assets face stubborn pricing gaps between sellers and buyers. The GP-led secondary market has grown but remains focused on trophy assets, failing to address the bulk of aging portfolios.

Meanwhile, Cogency Global has acquired Elemental CoSec, a UK-based specialist in company secretarial, governance, accounting, and tax advisory services. The deal strengthens Cogency's UK platform and expands service offerings across the company lifecycle. Based in New York, Cogency provides registered agent and corporate compliance services to law firms, lenders, and multi-jurisdictional corporations, while Elemental CoSec brings UK incorporation, identity verification, and directorships expertise to the combined entity.