Fidelity Private Credit Fund reports Q1 2025 results with assets up to $1.80B, increased debt, and expanded investment portfolio.

Private market giants are positioning recent market turmoil as a potential "golden" opportunity while actively deploying capital through strategic market dislocations.

Apollo Global Management navigated market turbulence with confidence in Q1 2025, reporting record fee-related earnings (FRE) of $559 million (+21% YoY), spread-related earnings, and achieved record inflows of $43 billion, including $26 billion at Athene, its retirement services business. CEO Marc Rowan characterized the period as transitioning from "hyper US exceptionalism" to a more normalized market environment, where Apollo's principle of "purchase price matters" should sh

As President Trump's tariff policies drive significant market volatility, top firms like Apollo and KKR are aggressively deploying billions while institutional investors face a perfect storm of allocation pressures from both the "denominator effect" (public market volatility) and "numerator effect" (limited distributions from existing private investments).

KKR reported Q1 2025 results on its 49th anniversary, delivering record fee-related earnings of $0.92 per share (up 22% YoY) while deploying over $10 billion in new investments since recent tariff announcements. The alternative asset manager raised $31 billion in new capital during the quarter, showcasing resilience amid market volatility driven by trade concerns.

Upstream M&A activity reached $17B in Q1 2025, but OPEC and tariff issues may impact future deals and activity.

Jeffrey Perlman, CEO of Warburg Pincus, sat down with Goldman Sachs' Allison Mass to discuss the state of private equity amid rising interest rates and geopolitical tensions. In the interview, Perlman, who took the helm of the $90 billion asset manager in September 2024, emphasized how diversification has helped the firm navigate challenging markets. Unlike many competitors struggling with distributions, Warburg Pincus has returned 50% more capital than it invested over the p

Asia-Pacific private equity markets showed tentative recovery signs in 2024, with deal value increasing 11% while fundraising plunged to a 10-year low, according to Bain & Company's Asia-Pacific Private Equity Report 2025. India emerged as the region's star performer, recording double-digit growth in both deal value and count.

Howard Sharp, Chairman and Co-Head of Direct Lending at Alcentra, shared insights on the European private credit landscape. Sharp highlighted how the market has evolved following the 2022 interest rate increases, which caused a 40% drop in mid-market activity. He sees positive signs for 2025, noting increasing market segmentation.

OpenAI's massive $40 billion financing helped push Q1 2025 venture capital investment to $91.5 billion across an estimated 3,990 deals, according to PitchBook-NVCA's Venture Monitor Q1 2025 report. This represents an 18.5% quarterly increase in deal value, reaching the highest level since Q1 2022, despite ongoing market uncertainty.

Private Equity Firms Shift to Survival Mode as Exits Stall

EQT AB, the global private markets firm, reported a robust Q1 2025 with fee-generating AUM growing to €142 billion (up 7.6% YoY), driven by successful fundraising with Infrastructure VI hitting its €21.5 billion hard cap and BPEA IX securing over $10 billion in commitments. Despite executing €4 billion in both investments and exits during the quarter, management cautioned that market volatility and 90-day tariff negotiations will likely depress exit activity for the remainder

Private equity firm EQT released its Q1 2025 earnings, reporting solid fundraising momentum and investment activity despite increasing global economic uncertainty and concerns about potential impacts from US tariff negotiations.

European PE adapts to geopolitical tensions with smaller deals while fundraising stays robust, especially in middle-market and growth segments. RetryClaude does not have internet access. Links provided may not be accurate or up to date.Claude can make mistakes. Please double-check responses.

Private Markets Pulse: PE Stocks Plunge 15% as Tariffs Shock Markets, While BlackRock's 50/30/20 Model Aims to Unlock $50T in Private Assets

Asset managers storm retail market as banks finance private credit rivals. Fundraising sees winners and losers while take-privates gain mome

Global equity issuance fell 7.7% YoY and 27.9% QoQ in 1Q25, with deal activity down 22% as market volatility increased.

Global M&A activity faced challenges in Q1 2025 due to geopolitical tensions and AI disruption, but showed signs of recovery in March.

Asia-Pacific PE market shows signs of recovery with 11% rise in deal value to $176B in 2024, despite uncertain macroeconomic conditions.

Private markets see tightening credit spreads, record secondaries, PE firms embracing NAV loans, and expanding into sports amid exit challen