
Kirkland & Ellis partners observe that GP‑led continuation vehicles have become increasingly standardized within the secondary market. Yet negotiations still reveal tension as secondary buyers apply M&A‑style rigor while sellers favor more flexible terms. The firm highlights the growing importance of pricing discipline, robust governance structures, and sophisticated legal frameworks to close these deals. These dynamics are reshaping how private‑equity firms manage fund lifecycles and liquidity.

TPG GP Solutions co‑managing partners Matt Jones and Michael Woolhouse say firms with deep sector expertise and direct underwriting are reshaping the single‑asset continuation vehicle (CV) market. They argue that specialist managers can price assets more accurately and execute faster...

Permira’s co‑CEO Dipan Patel says the firm will double‑down on specialization and performance in the next private‑equity cycle. The firm plans to simplify its mission, focusing on a narrower set of sectors where it can add deep expertise. By tightening...

Churchill Asset Management’s head of secondaries, Nick Lawler, said secondaries technology is evolving into a multi‑faceted tool for both general partners and limited partners. The latest platforms combine real‑time data, automated pricing models and machine‑learning analytics to improve liquidity and...

Hellman & Friedman CEO Patrick Healy says that even as distributions to limited partners remain sluggish, the firm can still close sizable sponsor exits. Healy highlights that strategic timing and asset positioning enable multi‑billion‑dollar exits despite a broader market slowdown....

Nuveen Private Markets executives Laura Parrott and Jessica Bailey outlined how the firm is structuring Asset‑Backed Financing (ABF) deals to satisfy growing limited‑partner demand for private‑credit exposure. They highlighted the importance of predictable cash flows, tranche‑level risk allocation, and ESG...
A Bank of Singapore survey of 90 senior intermediaries across Singapore, Greater China and Dubai shows a clear shift toward fixed‑income products as investors brace for anticipated rate cuts. One‑third of respondents expect rising demand for bonds, while alternative investments...

PhonePe is positioning an IPO for FY27, with an April filing window being discussed, while investors scrutinize its path to sustainable profitability. The fintech’s latest filing shows a shift from consumer‑centric payments to a higher share of merchant transactions and...
Ares Management priced its second European direct‑lending CLO on 2 March 2026, marking a follow‑up to its £305 million debut less than a year earlier. The new issuance targets the European middle‑market loan pool, aiming to capture the surge in private‑credit activity across...

Electric bike maker Tenways has filed for a main‑board listing on the Hong Kong Stock Exchange, backed by investors such as Hillhouse Ventures, Tencent and Alibaba. The company’s revenue rose from €48 million in 2023 to €61 million in 2024, with gross...
Nordic Financials ASA disclosed that its Chief Investment Officer, Svend Egil Larsen, bought 25,851 shares through his wholly owned firm Selaco AS at NOK 1.6395 per share on 27 February. The acquisition raises Selaco AS’s holding to 2,631,000 shares, representing a substantial...
The Securities and Exchange Board of India (SEBI) signaled it will not impose sweeping curbs on SME IPOs, preferring targeted oversight instead. Chairman Tuhin Kanta Pandey emphasized stronger due‑diligence, site visits and third‑party monitoring to hold merchant bankers accountable. Recent...

The Indian cabinet’s Economic Affairs Committee has cleared the initial public offering of India Infrastructure Finance Company Ltd (IIFCL), a fully government‑owned NBFC‑ND‑IFC. The approval aligns with the Budget 2026‑27 emphasis on disinvestment and capital‑market listings for public‑sector entities. IIFCL...
Singapore Exchange’s listed equities posted an average daily turnover of S$1.7 billion in the first two months of 2026, reflecting heightened market activity. Institutional investors were net buyers in industrials, technology, materials and other sectors, while retail investors favored financial services,...

The National Stock Exchange of India (NSE) will not list its shares on its own platform when it goes public, citing Indian regulations that prohibit self‑listing. Instead, the IPO will be conducted as an Offer for Sale (OFS), allowing existing...
Asp Data Center AS announced the publication of its fourth‑quarter 2025 financial report on 28 February 2026. The report, approved by the Board of Directors, includes audited statements and a management review and is accessible via the company website and Oslo Børs...
Kazakh miner QazMoly is close to securing up to $240 million from the U.S. Export‑Import Bank to fund its Drozhilov tungsten project, provided all output is sold to U.S. buyers. The financing would cover a large share of the mine’s capital...
Hofseth International published its Q4 2025 quarterly report on 28 February 2026, filing it through Oslo Børs’s news platform. The release highlights the issuance of a 25/30 floating‑rate note (FRN) denominated in euros with a floor‑C structure, identified under ISIN NO0013684993‑XOAM. The bond is...

Thai state‑owned energy group PTT Plc announced it will seek external partners across its value chain, aiming to sell stakes in its oil‑refining and petrochemical subsidiaries—Thai Oil, PTT Global Chemical and IRPC—to global investors. The company also plans to attract...

Anoto Group AB posted a weaker top line in 2025, with net sales falling to MSEK 22 for the year and MSEK 5 in Q4, down from MSEK 30 and MSEK 6 respectively. Despite the revenue decline, gross margins improved markedly to 55% annually...

Castlelake’s aviation leasing arm has fully repaid a $595 million aircraft‑backed security, marking the first complete repayment of an operating‑lease aircraft ABS since the COVID‑19 pandemic. The Castlelake Aircraft Securitization Trust 2021‑1, comprising 26 passenger jets, one freighter and 11 lessees across...

Edward Jones has secured conditional approval from the FDIC and the Utah Department of Financial Institutions to launch Edward Jones Bank, an industrial loan company slated for early 2027. The new bank will accept deposits and issue certificates of deposit,...
Nyxoah SA disclosed that Robert Taub and his affiliated entity BMI Estate submitted a transparency notification after passively crossing the 10% voting‑rights threshold. The combined holdings amount to 4,360,800 voting rights, representing 9.99% of Nyxoah’s 43,662,403 total voting rights as...
Otello Corporation announced the latest tranche of its share buyback program, with Pareto Securities purchasing 108,440 shares between 23 and 27 February 2026 at an average price of NOK 17.75, representing a NOK 1.93 million outlay. Since the program’s launch on 9 February,...
Nordea Bank ABP completed a share repurchase on 27 February 2026, buying 401,781 of its own shares for a total cost of €6.66 million. The purchases were executed on the Helsinki, Stockholm and Copenhagen exchanges at a weighted‑average price of €16.57 per share....
NES Fircroft Bondco AS released its audited FY25 annual results on 27 February 2026. The company directed investors to its investor‑relations website for the full report and to Oslo Børs NewsWeb for additional details. The filing satisfies Oslo Stock Exchange...

The Tribal Tax and Investment Reform Act of 2026 aims to eliminate a tax‑code provision that blocks tribes from issuing private‑activity bonds for non‑essential projects. By granting tribes the same bond‑issuing powers as states, the bill opens a vast municipal...

S&P Global Ratings upgraded Guam's general‑obligation rating to BB from BB‑minus, also raising its business‑privilege‑tax and Section 30 bonds to BB‑plus and its certificates of participation to BB‑minus, all with a positive outlook. The upgrade reflects stronger operating performance, rising revenues,...

Hollow Brook president Philip Richter tells Private Equity International that private equity has become far more accessible due to democratization and a booming secondary market. This broader access enables family offices to consider PE as a core component of their...

Fonterra’s Mainland Group sale has been cleared, unlocking a $3.2 billion capital return for New Zealand dairy farmers. The average payout will be $392,000 per farm, with larger operations slated to receive $2‑3 million. Settlement is slated for the end of March 2026,...
Bharat Biotech International Ltd is exploring an initial public offering to raise more than $500 million, according to Bloomberg. The Hyderabad‑based vaccine maker has delivered over nine billion doses worldwide and holds a portfolio of 19 vaccines and four biotherapeutics. Recent...
Super Copper Corp. announced an upsized brokered private placement, now targeting $6 million in net proceeds, up from its original $2 million goal. Each unit consists of one common share and a warrant exercisable at $1.15 for three years, with closing expected...

The NEXUS conference highlighted a tightening deal pipeline at Goldman Sachs, dubbed the “Goldman handful,” as the firm scales back mid‑market transactions. Speakers warned that a wave of “zombie” companies—firms surviving on low‑interest debt—could strain private‑equity exits. Market participants noted...
Sri Lanka’s DFCC Bank has issued its inaugural LKR 3 billion blue bond and secured a dual listing on the NSE International Exchange (NIX) at GIFT City, marking the first blue bond to trade within India’s IFSC jurisdiction. The bond, originally listed...

Dash0, an AI‑native cloud‑monitoring platform founded in 2023, is in talks with Balderton Capital to lead a new funding round that would value the company at $1 billion, elevating it to unicorn status. The New‑York‑based startup, which retains a strong operational...

Banks are confronting a financial‑crime threat that evolves faster than their compliance training cycles. The profession suffers from a thin talent pipeline, with most hires arriving mid‑career and no standardized academic path. Current training is static, annual, and siloed, while...

XED Executive Development Ltd is launching the International Financial Services Centre’s first equity IPO from GIFT City, opening on March 6 and closing on March 18. The $12 million, dollar‑denominated offering will list on NSE International Exchange and India‑INX, with a price band...

Stellar’s CEO warns banks that choosing between private and public blockchain infrastructures will create lasting path dependencies. With the tokenized real‑world‑asset market valued around $33 billion, banks are already piloting blockchain‑based settlement and fund tokenization. The article outlines three critical questions—who...

Astorg announced that Edouard Pillot, co‑head of its mid‑cap private‑equity team, will depart the firm. Lionel de Posson, Pillot’s fellow co‑head, will assume sole leadership of the mid‑cap unit. The change follows an internal restructuring aimed at streamlining decision‑making. Astorg...

Private equity firms are intensifying focus on hospice care platforms, with five notable deals reported this quarter. Kinderhook, Renovus and Revelstoke are among the investors leading the charge, targeting fragmented providers to build scalable platforms. The surge reflects broader demographic...
Apollo Global Management has taken a significant write‑down on its flagship credit fund as loan‑level stress surfaces across its portfolio. The move mirrors similar distress signals from KKR’s FSK fund and Blackstone’s private‑credit vehicle, which also marked down troubled loans....

Vietnam aims double‑digit economic growth, but banks face loan‑to‑deposit caps and high debt ratios, limiting credit expansion. Capital markets are positioned to provide long‑term funding, improve transparency, and diversify financing sources. By the end of 2025 the stock market topped...
KKR’s publicly traded credit vehicle, FS KKR Capital Corp, dropped 15% after reporting a surge in troubled loans and a cut to its dividend. The $13 billion portfolio, dominated by private‑equity‑backed mid‑market loans, is seeing rising defaults and mark‑to‑market losses, especially...

State‑owned Bank of Baroda announced a green infrastructure bond issue of up to ₹10,000 crore, with a base size of ₹5,000 crore and a green‑shoe option for an additional ₹5,000 crore. The seven‑year bonds will mature on March 5 2033 and are rated AAA with...

Apollo Global Management’s Japan institutional client head, Takeshi Tsubota, has exited the firm. Tsubota, who joined in 2023, was responsible for driving the firm’s fundraising efforts among Japanese institutional investors. His departure comes as Apollo seeks to expand its $908 billion...
At the Goldman Sachs EMEA Head of Trading conference, FCA chief executive Nikhil Rathi outlined a sweeping reform agenda aimed at cementing the UK’s position as a global wholesale‑finance hub. He highlighted recent regulatory wins – from tighter market‑abuse enforcement...
Fitch Ratings announced a series of senior promotions, elevating three analysts to its structured‑finance rating committee, while ABF appointed a former Saluda Grade executive to head its asset‑backed securities division. The moves come amid a surge in securitisation activity, with...
Talonvest Capital arranged $42.6 million of permanent financing for three Class A self‑storage properties owned by The William Warren Group. The largest loan, $25 million, funds a 1,261‑unit facility in Hawthorne, California, with a five‑year interest‑only structure. Two additional loans of $9 million and...

Pat McGrath Labs has entered Chapter 11 bankruptcy and is being marketed to potential buyers by investment bank Gordian Group. The sale follows private‑equity firm GDA Luma’s recent acquisition of a controlling stake in the brand. Any transaction must settle over $60 million in debtor‑in‑possession...

Senators Catherine Cortez Masto (D‑NV) and Todd Young (R‑IN) introduced the Municipal Investment and Neighborhood Transformation (MINT) Act, restoring a 2008 authority that lets Federal Home Loan Bank (FHLB) members issue tax‑exempt bonds for community‑development projects. The bill expands the...