Private Equity 8-Hour Briefing
×Last updated: March 17, 2026, 7:30 PM ET
Private Equity Dealmaking & Governance
The $74.9 billion Nevada PERS initiated an exit from its exposure to Clearlake Capital Group due to perceived "conflicts of interest" arising from the latter's planned acquisition of Pathway Capital Management, signaling increased scrutiny over fund manager alignment. Meanwhile, deal activity in niche infrastructure sectors continues, with Fort Point-backed VisuSewer expanding its wastewater services footprint by acquiring United Survey in Wisconsin, focusing on critical utility assets. In the software space, TPG formally launched Velotic, an industrial software platform, appointing former PTC CEO James Heppelmann as executive chairman to drive its growth strategy, demonstrating continued PE focus on specialized B2B technology roll-ups TPG formally launched Velotic.