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.

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.

Private equity firms are abandoning traditional value creation playbooks in favor of organic growth strategies as prolonged high interest rates and extended exit timelines force a fundamental industry transformation. According to Alvarez & Marsal's inaugural North American survey of 50 PE investors and portfolio executives, firms are implementing comprehensive operational improvements and AI-powered initiatives across portfolio companies rather than relying on multiple expans

The private equity and venture capital industry faces a fundamental reckoning as the strategies that generated extraordinary returns over the past four decades become increasingly difficult to replicate, according to Tim Sullivan, who recently retired after overseeing Yale University's private market portfolios for 39 years. Sullivan warns that institutions must dramatically lower their return expectations as the industry has become overcrowded, overfunded, and efficiently pr

Verny Capital Group to sell gold mining company RG Gold to Zijin Gold International after successful development since 2014.

Swedish luxury menswear brand Eton transitions to new ownership as EQT exits, marking a successful transformation period.

B. Riley Financial divests GlassRatner to TorQuest Partners for $117.8M, expecting to record a $66M gain in Q2 financial results.

EQT to sell Japanese automotive tech leader Pioneer to CarUX for $1.1B, marking successful transformation and value creation.

Envestnet announces sale of Yodlee to private equity firm STG, focusing on core wealth management platform and solutions.

Brown Gibbons Lang & Company advises on the sale of Specialty Bakers, a leader in niche baked goods, to HC Private Investments.

EQT sells Recover, a Nordic property remediation company, to Pangea AS after transforming its digital capabilities and focus.

EQT's portfolio company Enity, a Nordic specialist mortgage provider, begins trading on Nasdaq Stockholm with strong investor interest.

EQT sells shares in Galderma Group AG for CHF 1.86 billion, receiving CHF 494 million in gross proceeds from the transaction.

EQT's affiliate completes public offering of Waystar Holding Corp. shares, raising $557 million with EQT receiving $239.6 million.

Insight Partners sells 3.7M shares of The Real Brokerage, reducing its stake from 16.65% to 14.84% on a partially-diluted basis.

According to Bain & Company's recent report, private equity firms are facing an unprecedented challenge with $2.9 trillion in unsold assets, with 53% of portfolio companies held for four years or longer as traditional exits remain elusive in the current market environment.

EQT Infrastructure funds sell 3.2 million shares of Kodiak Gas Services for $116 million, plus $10 million company repurchase.

EQT AB repurchased 364,578 of its own shares for SEK 99.9 million during week 18 of 2025 as part of its ongoing share buyback program.

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.