Weekly Round Up

Sports Gets Institutional, Evergreen Grows & Exits Reopen

Sports are becoming an asset class, evergreen funds are becoming a fundraising cheat code, and exits are finally showing signs of life.

Private Equity’s Exit Problem Is Getting Bigger

Record portfolio inventory is meeting slower exits, pushing sponsors toward new liquidity strategies.

PE’s Scaling Paradox Meets Rising Deal Activity

Smaller funds are outperforming, PE is writing bigger checks, and AI is finally showing up in the productivity numbers.

Private Credit Containment Despite Investor Stress

Private credit default rates containment, Advent acquiring FNZ Bank, latest deals in private equity and must read news.

When Markets Grow but Companies Don't Win

Why bigger funds are generating lower returns, why fundraising has become a battle for LP attention, and why liquidity is returning—but only for the highest-quality assets.

The Financing Window Is Reopening

How credit and financing conditions for M&A are expected to evolve over the next year, while still some concer on default rates.

Housing Heats Up, Europe Wins EVs and AI Unlocks Liquidity

Private Credit’s Par Problem, PayPal’s $53B Bid & More

Continuation vehicles are clearing at par—at least on paper—while fintech scale, AI infrastructure and strategic buyers continue to reshape the deal market.

Pricing for Growth, Blockchain for Insurance & the Search for Liquidity

Blockchain reshapes insurance, IPOs lose appeal, pricing drives growth, and private markets stay active.

AI's Next Bottleneck, Private Credit's Dispersion & Recession Odds

Investors stay cautious, Blackstone backs power infrastructure, and manager selection takes center stage.

The Next Commodity Supercycle Might Be Underground

This week: mining investment trends and the dollar's world role.

The Next Risk in Private Credit Isn't Credit

Why perception is becoming private credit's biggest challenge—and where smart capital is moving next.