First Reserve and Fortress Investment Group partner to acquire majority stake in Hawaii's Island Energy Services from One Rock Capital.

H.I.G. Capital adds Antonin Marcus as Managing Director to its European Middle Market Private Equity team in Paris.

H.I.G. Capital adds Antonin Marcus as Managing Director to its European Middle Market Private Equity team in Paris.

EQT appoints James Yu as Head of Client Relations and Capital Raising, while three executives step off the Executive Committee.

Apollo partners with major banks to trade private credit, potentially blurring public-private lines. $5B+ mega-deals dominate as Blackstone buys NYC pension stakes, India sees record $3.4B credit deal. UK mandates pension private allocation while ECB intensifies oversight. PE faces exit crisis with 12K portfolio companies stuck, distributions down 70%. Shadow banking hits $1T as retail access expands amid regulatory debates.RetryClaude can make mistakes. Please double-check r

Steve Klinsky, founder and CEO of New Mountain Capital, sat down for an extensive interview about his 44-year journey in private equity, from co-founding Goldman Sachs' first buyout group in 1981 to building New Mountain into a $55 billion alternative asset manager. Klinsky, who witnessed the industry grow from 20 firms managing $1 billion to 5,000 firms managing $5 trillion, argues that private equity has evolved from a financing mechanism into a sophisticated business-build

EQT AB cancels 6.9 million treasury shares, reducing total outstanding shares to 1.18 billion as part of its dilution mitigation strategy.

EQT VII fund agrees to sell cloud ERP provider Acumatica to Vista Equity Partners after driving significant growth since 2019.

L Catterton secures $11 billion in capital commitments, including $6.75 billion for its Flagship Buyout strategy, expanding its global reach.

GTCR completes sale of Antylia Scientific to Brookfield Asset Management and CDPQ for $1.34 billion after decade-long partnership.

EQT AB announces share repurchase program of up to 5.5 million shares, aiming to offset dilution from employee incentive programs.

EQT AB's annual meeting approves dividend, board elections, and share-related authorizations for the private equity firm.

Bow River Capital strengthens its position by hiring investment banking veteran Mark Hantho as Executive Chairman, effective September 8, 2025.

AI will underwhelm in 2 years but overachieve in 10, says Blackstone CTO who warns data quality trumps flashy AI tools.

Private credit faces a capital abundance problem with too much money chasing too few deals, compressing returns from 14.9% to 5.2%. Major themes: university endowments liquidating PE stakes at steep discounts, regulatory push for retail access, systemic risk warnings, and IRR inflation concerns.RetryClaude can make mistakes. Please double-check responses.

In a recent Financial Times piece, Oxford professor Ludovic Phalippou mathematically dismantled private equity's favorite performance metric, revealing that Internal Rate of Return (IRR) calculations are fundamentally flawed and deliberately misleading. Major firms like KKR claim 25.5% gross IRRs since 1976, while Apollo boasts 39% gross returns—numbers that would theoretically create impossible wealth levels exceeding global GDP if actually sustained.

Private equity is emerging from a challenging period with distributions finally exceeding capital contributions for the first time since 2015, while global deal value rebounded 14% to $2 trillion in 2024. According to McKinsey's Global Private Markets Report 2025, this marks the beginning of recovery after three years of difficult conditions caused by rising interest rates and economic uncertainty.

Gemspring Capital to acquire Goodyear's polymer chemicals business, including plants in Texas and an R&D facility in Ohio.

H.I.G. Growth Partners invests in AgileBlue, an AI-powered cybersecurity platform, to accelerate growth and innovation.

H.I.G. Growth Partners invests in AgileBlue, an AI-powered cybersecurity platform, to accelerate growth and innovation.