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.

13,000 PE Managers, AI’s ROI Test, Cyber Spending Surge

More managers, less track record clarity. Plus, AI enters its prove-it era and cyber budgets keep climbing.

Buyouts Near $2T, Victory’s $7B Bet, BDCs’ Capital Trap

Buyout activity rebounds, BDC valuations reshape private credit deployment, and Victory Capital makes a major scale play.

Insurance’s Growth Map, PE’s Manager Gap, CRE’s Narrow Exit Window

Emerging markets pull ahead in insurance, manager selection becomes the real alpha, and CRE liquidity starts to thaw.

The Smart Money Is Rethinking Multiples

Where PE experts see valuation multiples heading, where fixed income is still delivering yield, what global venture fundraising is signaling, and why Thoma Bravo is taking Accelerant private.

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.

Family Offices, Bigger GPs & Better Exits

Family offices gain influence, LPs back fewer GPs, and strategic buyers begin returning to the market.

Optimism Returns, Ares Hits Redemption Limits & Bain's €7.4B Bet

Our latest survey reveals a divided macro outlook, private credit faces a liquidity test, and infrastructure assets remain in high demand.

The Quiet Revolution Reshaping Private Equity

Four briefings on the forces reshaping private markets and the global economy.

Cash Flow Illusions: Quantum Bets and Hidden Credit Risks

We look at a tale of two markets: private credit investors are discovering that reported cash flows may be more fragile than they appear.

Time Is the Alpha: Compounding, Tech Deals, and Distribution Pressure

Covering the rule of 72 and compounding as its own asset class, global tech buyout deals, NPS in diligence, and global buyout distributions drought.

The 2026 Outlook: Rates, Spreads, and Competition

We examine how PE sponsors, bankers, consultants, and investors expect interest rates to evolve over the next 12 months.

The Mega IPO Wave Is Back. Here's What's Next.

Diving into the return of Mega IPOs, add-on acquisitions continue to represent a significant share of global private equity buyout activity, private markets fundraise in 2025 toalized $1.3T.

The $35B Warning Sign in Private Credit

Covering private credit`s fundraising concentration.