Liquidity Has Not Kept Pace With Equity Valuations

Periods of rapid equity-market appreciation are often discussed in isolation from the monetary environment in which they occur.

5% Yields Hit PE, The Add-On Bottleneck, Private Credit Stress

Plus: defaults move higher, a $4B aviation deal, and AI gives enterprise automation a new M&A angle.

The Next Add On Problem Is Not Finding the Deal. It Is Integrating It.

Private equity has spent years perfecting the buy and build model

Private Credit Defaults Are Rising, But the Stress Is More Nuanced Than the Headlines

Private credit is facing a familiar question in 2026

The UK’s Uncomfortable Mix: Growth Slows as Inflation and Borrowing Rise

Industrializing AI Across the Portfolio

From Individual Adoption to a Repeatable Value Creation Engine

The Power Investment Supercycle

Private Capital and the Next Phase of Electricity Infrastructure

$11B AI Debt Boom, Europe’s LBO Comeback & Blackstone’s $6.6B Bet

AI is reshaping credit markets, European buyouts are accelerating, and infrastructure keeps attracting mega-checks.

PE’s $260B Parallel Exit Market, AI Multiples & The Fed Tightens

Secondaries are rewriting the exit playbook, AI is entering the valuation equation, and higher rates are back on the table.

Private Equity’s Parallel Exit Market

How Secondaries Became a $260 Billion Liquidity System—and Started Changing What an “Exit” Means

The New Diligence Question: Is Data a Moat—or a Trap?

The Fed Tightens Again, and the Dollar May Be the Next Pressure Point

The Federal Reserve has reopened a part of the macro cycle that many investors had begun to treat as closed.

The AI-First Portfolio Company

Is AI actually changing the economics of the business?

PE’s Macro Playbook Just Changed

Private equity is hunting macro alpha as default risk cools and another 25 basis point rate move comes into focus.

AI Leads as Investors Bet on Structural Growth

Which macro driven investment theme will create the greatest opportunity over the next three years?

Healthcare’s $281B Rebound, PE’s Distribution Problem, Oil Shock Hits the Fed

Healthcare M&A rebounds, distributions lag, and higher oil prices put rates back in focus.

The Oil Shock Just Put Rate Hikes Back on the Table

For much of 2026, the market debate centered on when the Federal Reserve could resume easing.

Financing Healthcare’s Next Deal Cycle

How private credit, leverage, valuation discipline and operating pressure are reshaping investment across the healthcare economy

Private Credit’s Concentration Problem

Private Credit Concentration, Oil’s Financing Shock, and GE Aerospace’s $11.75B Bet

PE’s AI Reality Check, The $3.3T Energy Buildout & Productivity’s Upside

AI adoption is widespread, but value capture is lagging. Plus, energy’s infrastructure bottleneck and a productivity tailwind for margins.

AI Into Value Creation

From Analytics to Portfolio EBITDA.

Productivity Is Quietly Improving the U.S. Growth Equation

The latest revision to U.S. productivity data offers a relatively constructive signal beneath an otherwise complicated macroeconomic backdrop.

KKR’s $17B Exit, Private Credit’s Tech Shift, AI’s $1.3T Buildout

Plus: the 60/40 portfolio loses its hedge, data center deals accelerate, and AI moves deeper into PE.

Private Capital Firms Prepare for Increased Deal Activity

Our latest PE150 Micro Survey suggests a meaningful share of the industry is already preparing to put more capital to work.

AI’s First Macro Shock May Be Productivity, Not Jobs

Where employment is moving, rather than whether it is disappearing.