private equity

Middle‑market private equity firm Kinderhook Industries said it is finalizing its single‑asset continuation vehicle for Ecowaste Solutions, a newly formed waste‑services platform. The transaction offers an optional liquidity event for Kinderhook's limited partners, while $400 million in new equity...

New On The Block Mitsubishi Electric plans to sell its automotive equipment business, seeking first-round bids by Jan. 26 from car-parts suppliers and private equity firms. The unit, which makes EV and hybrid inverters, motors, and in-car entertainment systems, has struggled with low profitability...

Northern Trust Asset Management (NYSE:NTRS) forecasts strong private market prospects driven by AI strength and innovation over the next decade, the firm reported in its Capital Market Assumptions (CMA) 2026 Edition on Friday. Private markets are expected to outperform public markets, with a...

Alternative investment firm New Mountain Capital (NYSE:NMFC) announced on Friday that it is closing on its second non-control private equity fund. The $1.2 billion fund, New Mountain Strategic Equity Fund II (SEF II), is focused on partnership-oriented minority investments. • New Mountain...

Canadian Pension Plan Investment Board Global Head of Private Equity Caitlin Gubbels is shifting the board's focus away from direct buyout strategies and instead allocating capital through external managers and co-investments, an article from Pension Pulse reports. Gubbels noted in the interview...

KKR (NYSE:KKR) announced on Thursday the completion of a $2.5 billion fundraise focused on committing capital to privately originated performing credit investments in Asia Pacific. • KKR shares are showing limited movement. What’s ahead for KKR stock? The fundraising includes $1.8...

Private investment firm Littlejohn is cashing out of The Hiller Companies after a rapid expansion sprint that turned the fire‑ and life‑safety specialist into a more geographically diverse player. Hiller is being sold to Wind Point Partners, according to a report by PEHub. The Greenwich,...

Adams Street Partners has appointed Michael Kurlander — currently a partner and chief financial officer — as chief operating officer, expanding his existing responsibilities. In the broadened role, Kurlander will continue to oversee the firm's financial strategy while also leading operations and...

Bain Capital (NYSE:BCSF) has named David Gross as its sole managing partner, completing its succession plan, the Financial Times reported, citing a letter sent by the firm to investors. Gross will now lead Bain's global partnership. He was appointed co-managing partner in 2024. His co-managing...

Empower said Wednesday that Blackstone Inc (NYSE:BX) has joined its private-markets investment partnership program, a move the company says will broaden access to alternative strategies for millions of retirement savers. The initiative allows defined‑contribution plans to add exposure to private...

Barely a year after Saks Global Enterprises splurged $2.65 billion on Neiman Marcus, the honeymoon is already over—and the bill has arrived. Lenders are now in talks about whether to inject more capital to keep the luxury department store empire afloat amid a potential bankruptcy. The drama has put...

Editor’s Note: This article has been updated to attribute comments to a BlackRock spokesperson. BlackRock Inc. (NYSE:BLK) moved on Thursday to clarify its role in the U.S. housing market after President Donald Trump announced plans to block large institutional investors from purchasing single...

Private equity firms are preparing for a significant portfolio clearout in 2026, following a year of progress in offloading old investments. According to a report, the private equity firms have been dealing with a surplus of unsold companies for several years. This has resulted in investor...

New On The Block Francisco Partners is exploring a potential sale of MyHeritage, the genealogy and DNA-testing platform, in a deal that could value the company at around $1 billion, according to Bloomberg News. Jefferies is helping shop the Israeli-founded company, though talks are still in the...

New On The Block That was fast. Compass Diversified bought Atlanta-based feminine care company The Honey Pot last year for $380 million. Now it’s looking to get rid of it. Raymond James is running the sale process, according to Reuters. Finastra Group Holdings Ltd., formed in 2017 from a...