Private Equity 3h Briefing

Last updated: June 3, 2026, 2:31 PM ET

PE Exits & Financing

completed exit of Muse Group by Francisco Partners, which includes Ultimate Guitar, Hal Leonard, and Audio.com, while syndicating debt for $2.5bn to support Long Lake's acquisition of American Express Global Business Travel via JPMorgan and Bof A, testing investor appetite in large PE financing deals.

Fund Closures

closed record fund at $10.8bn for the fourth US direct lending vintage by Crescent Capital, establishing a new benchmark for the firm's fundraising capabilities amid robust demand for direct lending strategies.