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The definitive source of private markets intelligence.



Private Markets at a Crossroads as Retail Push Collides With Quality Concerns | Weekly Pulse
Private markets face a critical moment as the rush to open alternative investments to retail investors collides with mounting concerns over credit quality, transparency, and regulatory oversight. BDC stocks are plunging, dividends are being cut for the first time, and high-profile bankruptcies are exposing risks in the $1.7 trillion sector.
Oct 116 min read


Private Capital Powers New Era Of Megadeals
Private credit convergence enables $70B LBOs while PE firms innovate exits for $3.9T in unrealized portfolio value.
Oct 46 min read


Private Markets Surge Amid Structural Shifts | Weekly Pulse
Must Know: Record Deal Activity Signals Private Markets Renaissance Bottom Line: Electronic Arts' $55 billion leveraged buyout—the...
Oct 46 min read


Permira's Co-CEOs on Building Tech-Forward Giants
Private equity has evolved from leveraging quirky businesses to commanding the most valuable companies across every sector, with technology investments now representing the frontier of value creation. Brian Ruder and Dipan Patel, Co-CEOs of Permira, reveal how their €80 billion firm has transformed from traditional buyout investing to growth-oriented technology leadership during their conversation with Michael Sidgmore on the Alt Goes Mainstream podcast at the firm's London o
Sep 273 min read


Private Equity Industry Hits Historic Low Amid Deal Drought
Private equity is experiencing its worst slump in decades, with quarterly returns plummeting from 13.5% in 2021 to just 8% by late 2024, creating a crisis where firms can't exit investments, return capital to investors, or raise new funds effectively. The industry's traditional model of buying, improving, and selling companies for profit has ground to a halt amid higher interest rates, frozen exit markets, and economic uncertainty, leaving firms sitting on $1.2 trillion in un
Sep 272 min read


Brookfield Asset Management Targets Dramatic Growth Through AI and Private Wealth at Investor Day
Brookfield Asset Management executives outlined an ambitious plan to double the firm's size over the next five years, targeting compound earnings growth of up to 20% annually through strategic expansion into artificial intelligence infrastructure and private wealth markets. Speaking at their 2025 Investor Day in New York, CEO Bruce Flatt, President Connor Teskey along with key senior executives positioned the $1 trillion asset manager to capitalize on what they see as transfo
Sep 273 min read


Private Equity Faces Historic Reckoning as Fundraising Slowdown Deepens | Weekly Pulse
Private equity faces its worst crisis in decades as fundraising collapses and exit strategies fail. Over 18,000 funds chase $3.3 trillion while returns plummet from 13.5% to 0.8%. Firms explore retail democratization and continuation funds as traditional models break down across global markets.Retry
Sep 274 min read


Private Credit Outpaces Traditional Asset Managers in Retail Race | Weekly Pulse
Must Know: Private Credit Surges as Traditional Asset Managers Struggle to Keep Pace Bottom Line: Private credit firms are rapidly...
Sep 195 min read


Exit Bottleneck Drives Record PE Self-Sales as Liquidity Routes Blocked | Weekly Pulse
Private equity firms sold $41bn of companies back to themselves in H1 2025 as exit routes stay blocked. With $3tn in stranded assets and rising "zombie fund" predictions, firms turn to continuation vehicles while pension funds retreat from private credit amid quality concerns and regulatory scrutiny intensifies globally.
Sep 144 min read


Healthcare PE Deals Slow as Tariffs Dampen Investor Appetite, Bain Report Shows
Healthcare PE deals slow amid tariff fears, but AI-driven IT assets surge as investors seek policy-insulated growth opportunities.
Sep 92 min read


US Tariffs Hit Near-Century High, Disrupt Private Markets, PitchBook Analysis Shows
US tariff surge to 100-year high disrupts private markets recovery as exit drought persists despite macro support.
Sep 72 min read


Secondaries Surge as Liquidity Crunch Drives Innovation | Weekly Pulse
Private credit secondaries explode to $18B as liquidity crunch hits funds. Goldman invests $1B in T. Rowe for retail push. Major deals: $38B Oracle data centers, $20B Carlyle secondaries fund. Asia education boom driven by Apollo/KKR. Industry consolidation expected as 96% of managers anticipate M&A within 5 years amid regulatory pressures.Retry
Sep 74 min read


AI Poised to Transform Private Markets Investment Strategies
AI will transform private markets like Bloomberg did bonds—operational efficiency today, new investment strategies tomorrow.
Aug 312 min read


Wealthy Individual Investors Fuel $48B Private Credit Rush as PE Exit Windows Remain Shut | Weekly Pulse
Wealthy Americans drove record $48B into private credit in H1 2025, offsetting institutional pullback. Major deals included Thoma Bravo's $2.7B Verint financing & Apollo's $3.5B Aspen exit. TPG faced healthcare scrutiny while regulators tightened oversight globally. Venture debt hit $53B record as firms target mature companies amid prolonged private periods.
Aug 314 min read


PE Firms Battle Eight-Year Exit Timeline While Investor Distribution Pressure Mounts | Weekly Pulse
Private equity faces historic crisis: 30,000+ portfolio companies need 8 years to exit at current pace. Despite $29B Meta deal & $10B Warburg returns, PE stocks trail S&P 500 as LP pressure mounts. Exit drought drives "private for longer" revolution via continuation vehicles. Critics warn retail 401(k) access inappropriate amid inventory bottleneck.
Aug 234 min read


Ares CEO: Private Markets Thrive Despite Subdued M&A Volumes
Michael Arougheti, CEO of Ares Management, which oversees $570 billion in assets, appeared on Bloomberg Surveillance following the firm's Q2 2025 earnings call to discuss how alternative asset managers are navigating this environment. His firm deployed $27 billion in the quarter despite subdued deal activity, highlighting how the industry has evolved beyond traditional M&A dependency to encompass digital infrastructure, real estate, private credit, and asset-based finance acr
Aug 193 min read


Private Markets Grapple With Transparency & Disclosure Concerns Amid 401(k) Push | Weekly Pulse
Private markets face transparency scrutiny as Partners Group obscures $16B fund data with incomprehensible disclosures. Payment deferrals hit 11.4% while firms raise $9B+ across midlife co-investments, software deals & carve-outs. New student loan limits create private credit opportunities as industry navigates valuation concerns amid growth.
Aug 154 min read


AI Infrastructure Becomes Private Equity’s New Power Play in 2025
What’s New Private equity is making billion-dollar bets on the backbone of artificial intelligence — from hyperscale data centers to...
Aug 142 min read


Continuation Vehicles Surge Amid Stalled Private Equity Exits in 2025
Private equity firms are leaning heavily on continuation vehicles (CVs) in 2025 to hold onto high-quality assets longer, according to KPMG’s Pulse of Private Equity Q2’25. With exit markets weak — particularly for IPOs and secondary buyouts — GPs are opting to roll prized portfolio companies into new funds rather than sell at a discount. LPs, however, are pushing back over valuation transparency and the risk of “stranded” assets.
Aug 142 min read


Private Equity Slows Sharply in Q2 2025 as Tariff Uncertainty Bites
Global private equity dealmaking plunged in Q2 2025, with total announced investment dropping to $363.7B across 3,769 deals, the lowest volume since Q3 2020, according to KPMG’s Pulse of Private Equity Q2’25. The slowdown was most pronounced in Asia and the Americas, as investors delayed deals pending clarity on U.S. tariff policies — despite blockbuster U.S. transactions like Blackstone’s $11.5B TXNM Energy buyout.
Aug 132 min read
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