Private credit convergence enables $70B LBOs while PE firms innovate exits for $3.9T in unrealized portfolio value.

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.

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.

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

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.

Private markets face historic transformation as traditional institutional fundraising hits multi-year lows while Trump's executive order opens $12.2 trillion retirement market. Major firms like Apollo, Carlyle pivot to retail channels and evergreen funds as geographic shifts accelerate from UK tax exodus to Asia expansion.RetryClaude can make mistakes. Please double-check responses.

Private markets pivot toward retail access as Trump administration prepares 401(k) executive order for $12T retirement market. Secondary transactions hit record $103B amid exit drought. GIC signals caution on compressed private credit spreads. Major deals include Apollo's £600M dental financing, Carlyle's $250M farm loans.

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

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

Integrated Polymer Solutions, backed by Arcline Investment Management, acquires Oldham Seals Group Limited, expanding its portfolio.

Law firm Berger Montague announces securities class action lawsuit against Compass Diversified Holdings for alleged fraud.

North American Rail Solutions expands its US rail services footprint by acquiring Rapid Track through its subsidiary American Track.

North American Rail Solutions expands its US rail services presence by acquiring Rapid Track through its subsidiary American Track.

Movable Ink, an AI-powered personalized content platform, to be acquired by private equity firm STG, enhancing its market position.

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

Optio Incentives expands global reach with acquisition of Investec's share plan software platform, now serving 1M participants across 15 exchanges.

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

PKF O'Connor Davies adds Michael Curtiss as Partner in Advisory Practice, focusing on Transaction Advisory and Outsourced CFO Solutions.

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

o15 Capital Partners provides $75M unitranche facility and equity co-investment for Monetate's acquisition of SiteSpect.