Deal Roundup: Siena Lending Announce Transaction Closure, American Securities Sells MW Components
Siena Lending Group and Hilco closed a $130 million asset‑based credit facility for Panavision, the global provider of motion‑picture and television production equipment. Siena acted as the agent and sole bookrunner, while Hilco participated as a co‑lender. In a separate transaction, private‑equity firm American Securities completed the sale of MW Components, a manufacturer of industrial parts. Both deals highlight active financing and portfolio reshuffling in the media‑technology and industrial sectors.
Lion Real Estate Group Finalises Marble Partners Fund I
Lion Real Estate Group has completed its inaugural institutional vehicle, Marble Partners Fund I, delivering a 1.9‑times cash‑on‑cash return to investors. The fund, raised in 2017 with $35 million of committed capital, used co‑investor equity to bring total purchasing power to...
Ceros Bolsters Investment Banking with Senior Hire
Ceros Financial Services, a national broker‑dealer that specializes in disruptive‑technology firms, announced the appointment of Cassel Shapiro, CFA, as head of capital markets. Shapiro will oversee capital formation and strategic advisory across private, public and special‑situation transactions. He arrives with...
CPP Investments Sells Portfolio of 33 Fund Interests to Blackstone, Ardian
The Canada Pension Plan Investment Board (CPP Investments), which manages roughly C$780.7 billion (about US$578 billion) in assets, has completed the sale of a diversified portfolio of 33 limited‑partner interests in private‑equity funds. The stakes were purchased jointly by Blackstone and Ardian....
Deal Roundup: CVC Sells Naturgy Stake Worth About €4bn, Arsenal Capital Buys Into Velcro
CVC Capital Partners has sold its 13.8% stake in Spanish utility Naturgy for roughly €4 bn (about $4.3 bn), marking an eight‑year exit after its initial investment. Two months earlier, BlackRock off‑loaded an 11.4% holding for €2.79 bn ($3.0 bn), underscoring a wave of...
Partners Group Launches New Lower Leverage, Recurring Income PE Strategy
Partners Group has unveiled a new Total Return control‑buyout strategy that emphasizes lower leverage and recurring income streams. The fund targets mature, cash‑generating companies where earnings can be distributed to investors while preserving upside potential. By combining income focus with...
WePay Co-Founder Clerico Seals $85m Debut Raise for Disaster Relief-Focused VC Firm Convective Capital
Convective Capital, a venture‑capital firm dedicated to disaster‑relief technologies, closed its debut fund with $85 million in commitments. The firm was founded by Bill Clerico, co‑founder of fintech platform WePay, who is steering the fund toward early‑stage solutions that improve preparedness...
N49P Eyes $70m for Fourth Canada-Focused Tech Seed Fund, Hits $25m First Close
Canadian pre‑seed investor N49P announced a first close of $25 million CAD (≈$18.5 million USD) for its fourth fund, which aims to raise a total $70 million CAD (≈$52 million USD). The capital is being sourced from a group of limited partners that includes...
Deal Roundup: Bregal Sagemount, Ardian Back Ennov, Wynnchurch Sells Ironform to Strategic Buyer
Bregal Sagemount and Ardian have jointly invested in Ennov, a provider of end‑to‑end regulatory, quality and clinical software for life‑science and healthcare firms. The capital infusion will enable Ennov to expand its product suite, accelerate AI‑driven analytics, and pursue strategic...
Barings Brings in over $19bn for Global Direct Lending Strategy in Two-Year Fundraise
Barings announced it has secured more than $19 billion in committed capital for its Global Direct Lending strategy after a two‑year fundraising effort. The capital will be deployed to finance middle‑market companies worldwide, expanding Barings' private credit platform. This raise positions...
Shamrock Capital Seals $813m for Content-Focused Investment Fund
Shamrock Capital, a private‑equity firm that targets media, entertainment and communications assets, has closed its fourth content acquisition fund with $813 million of commitments. The capital will be used to buy and grow mid‑market content properties, from streaming platforms to production...
Bain Capital Closes Its Biggest Asia Fund yet on $10.5bn, Smashing Target
Bain Capital announced the final close of its newest Asia‑focused private‑equity fund at $10.5 billion, surpassing its original $10 billion target. The capital raise marks the firm’s largest Asia fund to date, reflecting robust investor demand. The vehicle will pursue buyout opportunities...
Ex-Sony, Panavision Arm Exec Hallen Raises Debut Hallstone Venture Fund Targeting AI in Media, Advertising
Hallstone Ventures, a Los Angeles‑based seed investor, announced the closing of its inaugural fund aimed at backing AI‑driven infrastructure for media, entertainment and advertising. The firm was founded by former Sony and Panavision executive Hallen, who has a track record...
South Carolina Pension Commits $100m Across Pair of Spark Capital Funds
The South Carolina Retirement System, which oversees a $53.9 billion portfolio, announced a $100 million allocation to two Spark Capital venture‑capital funds. The commitment spreads across Spark’s flagship early‑stage vehicle and a later‑stage growth fund, giving the pension diversified exposure to high‑growth...
Secondaries Volume Down Year-on-Year in Q1, but Remains ‘Resilient’: PJT Partners
Private secondaries market volume slipped 11% YoY to about $40 bn in Q1 2026, according to PJT Partners. Despite the dip, GP‑led transactions continued to dominate, accounting for roughly 55% of activity, while LP‑led deals held steady at $18 bn. Continuation vehicles...