
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 rising capital scarcity and heightened scrutiny of leverage ratios. The event concluded that investors must pivot to resilient sectors and tighter underwriting to navigate the looming credit‑risk environment.

Butterfly Equity, a private‑equity manager with roughly $7 billion in assets under management, has undergone a control shift following an internal partner dispute. Co‑founder Adam Waglay has emerged as the sole decision‑maker, consolidating ownership previously shared among partners. The restructuring resolves...

Carlyle’s U.S. buyout platform is on track to realize close to $12 billion of cash proceeds within the next 13 months. The firm attributes this pipeline to a portfolio that aligns with current market demand, saying its assets are “what buyers...

Los Angeles Water and Power’s pension fund announced it will accelerate private‑equity pacing even as cash‑flow deficits persist. The plan calls for expanding exposure to European buyout opportunities and secondary market deals beginning in 2026. By targeting these asset classes,...

At the NEXUS 2026 conference, private‑equity executives highlighted that a slowdown in exits and tighter returns are straining the traditional LP‑GP relationship. Mike Lazorik of Texas TRS warned that alignment “has never been more complicated” as limited partners push for...

Gridiron Capital has elevated Scott Harrison to Managing Partner and Chief Operating Officer, expanding its senior leadership team. Harrison, who blends investment acumen with operational expertise, now sits alongside founders Tom Burger and Kevin Jackson. The promotion comes as the...

Garden City, a lower‑mid‑market private equity firm, closed a $255 million fund aimed at a "people‑first" investment approach. Founder Michael Arrieta emphasized that dignity, respect, purpose and belonging are core to the strategy. The capital will be deployed across North American...

Lower mid-market private equity firm Garden City announced it has secured $255 million to support its people-first investment strategy. Founder Michael Arrieta said the capital will be used to back portfolio companies and expand the firm's team. The raise was...

Guardian Capital Partners closed its fourth fund at $441 million, surpassing the original $350 million target. The over‑performance is largely attributed to the firm’s strategic focus on data‑center assets, which have attracted heightened investor appetite. The fund’s success signals a...

Guardian Capital Partners, a lower mid-market buyout firm, announced that its Fund IV closed at $441 million, surpassing its original $350 million target. The fund’s focus on data center investments helped buoy the raise.

Private equity firm Gridiron Capital has launched its sixth flagship fund, Gridiron Capital Fund VI, with a target size of $2.5 billion. The new target represents a modest increase from the $2.1 billion raised for Fund V, which itself exceeded its original...

Gridiron Capital announced the launch of its sixth flagship fund, Fund VI, with a target size of $2.5bn, up from the $2.1bn raised by its predecessor in 2023. The fund aims to continue the firm's mid-market buyout strategy.

Pacenote announced the closing of its second fund, Fund II, aimed at supporting independent sponsors. The new fund expands the LP base to ten investors, up from four in the initial 2024 fundraise. Deal value remains undisclosed.

Union Capital, a lower mid-market private equity firm, announced it has raised $450 million in just four months, bucking the trend of prolonged fundraising cycles that averaged 18.6 months last year in North America. The rapid raise highlights the firm's...