Private markets face regulatory crossroads as Trump's 401(k) order promises $12.5T access while Warren scrutinizes $1.7T credit sector. Industry splits on growth outlook with Dimon warning of peaks vs. private credit leaders seeing continued expansion. Major deals include Reckitt's $4.8B sale to Advent.RetryClaude can make mistakes. Please double-check responses.

The private credit market is nowhere near its peak despite recent warnings from major bank executives, and is instead positioned for explosive growth that could see it reach $15 trillion within a decade—matching the size of public credit markets.

CalPERS Private Equity has achieved a stunning performance turnaround, catapulting from 17th place in 2022 to the top performer among America's 30 largest public pension fund private equity programs in 2024.

Vantager launches to modernize how Limited Partners assess and act on private market fund data—delivering structure, speed, and strategic insight through AI.

Private equity's continuation fund market is experiencing explosive growth, with these vehicles now representing 13% of global PE exits in 2024, up from just 5% in 2021, according to investment bank Jefferies data reported by The Wall Street Journal. However, industry experts warn that as firms increasingly use these tools to extend asset ownership and provide liquidity to cash-starved investors, the real test lies not just in providing liquidity but in maintaining asset qual

According to PitchBook's Global Benchmarks report, private capital markets delivered a modest 0.47% return in Q1 2025, with significant divergence across asset classes as venture capital posted negative returns while private debt led performance gains.

Private markets pivot to retail investors as institutional capital slows, while firms push higher leverage ratios to compete. Major fundraising milestones include Haveli's record $4.5B debut fund and iCapital's $820M raise. Banks fight PE talent poaching with new policies. Global PE deal value up 18.7% to $386B in H1 despite fewer transactions.

CRED raises $15M seed round to provide AI-powered predictive intelligence platform for enterprises, combining internal and external data.

Escala Medical raises $4.5M to expand its FDA-approved pelvic organ prolapse treatment device globally, including EIC Fund investment.

Campfire secures $35M Series A funding to develop AI-native ERP software, challenging legacy incumbents in the $1T market.

Gallant secures $18M Series B to advance off-the-shelf stem cell therapies for pets, targeting FDA approval for feline treatment.

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

HealthpointCapital acquires majority stake in ImmersiveTouch, enhancing surgical planning and navigation with VR/AR technology.

BitMine raises $250M to implement an Ethereum treasury strategy, potentially becoming one of the largest publicly traded ETH holders.

King Street Capital Management closes European Real Estate Special Situations Fund II at ~$950 million, hitting hard cap within 12 months.

Private credit faces mounting challenges as the $1.7T market confronts transparency demands, liquidity pressures, and fee scrutiny. Key developments include Octagon's $33B direct lending push, BlackRock's 401(k) expansion, and PGIM's $1T merger. Industry veterans warn of market recalibration as PE distributions hit crisis lows while semi-liquid funds surge to $344B, signaling sector maturation amid growing retail access and regulatory evolution.RetryClaude can make mistakes.

The private equity industry is experiencing an unprecedented liquidity crisis with distributions to LPs falling to just 11% of net asset value in 2024—a level not seen since the 2008 financial crisis—despite the absence of a recession.

Jesse Draper's VC firm raises $30M to invest in the $7.5T Future of Family market, focusing on childcare and female-founded startups.

AIP Capital and Monroe Capital form $1 billion venture to acquire mid-life aircraft on long-term lease to airlines globally.

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