Private Markets

Rising asset values and difficult financial conditions are causing the private equity (PE) world to navigate turbulent waters. A recent survey by BDO USA sheds light on the shifting priorities of PE fund managers and offers insights into how the sector is reacting to current economic dynamics...

The landscape of US private equity has undergone a significant shift since 2021, as evident from the data provided by PitchBook. Deal volumes have plummeted, prompting buyout organizations to explore innovative strategies to maintain investments and secure funding from backers...

In a significant move for the private equity industry, the Federal Trade Commission recently unveiled new criteria to scrutinize portfolio company rollups, aimed at saving costs. Amidst this development, Blackstone, the global investment giant, made headlines by declaring that it had surpassed the remarkable milestone of $1 trillion in assets under management (AUM), three years ahead of schedule, becoming the first private equity firm to achieve this feat...

Bain Capital, a leading private equity firm, has successfully raised $1.15 billion for its inaugural insurance fund, aimed at building and investing in insurance companies. High-net-worth individuals, institutional investors, and family offices contributed $750 million to the fund, demonstrating growing interest in the insurance sector's unrealized potential...

In the aftermath of three bank collapses this year, the financial sector braces itself for potentially stricter rules that could have far-reaching consequences for both consumers and businesses. JPMorgan Chase executives, led by CEO Jamie Dimon, express concerns that these regulations may lead to increased expenses for consumers and companies, as well as force lenders to withdraw from certain businesses...

Solenis, a prominent manufacturer of specialty chemicals for water-intensive industries, has successfully concluded its acquisition of Diversey Holdings, Ltd., in a significant all-cash transaction valued at $4.6 billion. The acquisition brings together two global leaders in water management, cleaning, and hygiene, positioning Solenis for enhanced growth and diversification in its product offerings...

The landscape of consumer lending in the United States is undergoing a significant shift as regional banks and finance companies sell off consumer loans at discounted prices. Funding challenges and rising costs are driving this trend, leading private credit firms and hedge funds to seize the opportunity...

In the aftermath of the failures of Silicon Valley Bank and First Republic earlier this year, regional and mid-sized US banks are actively seeking to sell their loan portfolios. These banks are aiming to generate cash flow and reduce capital requirements. This trend has resulted in a surge of portfolios being offered to investment firms such as Ares and KKR, encompassing various loan types, including car and consumer loans, commercial real estate, and specialized finance...

The landscape of Swiss private banks has been undergoing significant changes in recent years, with the emergence of larger banking institutions and the challenges faced by smaller and medium-sized banks. The impending merger of UBS and Credit Suisse has created further uncertainty in the sector, impacting the earnings and growth prospects of these private banks...

Greycroft, the venture firm founded 17 years ago in New York and Los Angeles, has experienced significant growth and transformation since its inception. What began as a small team of three founders has now evolved into a robust organization of 60 talented individuals. With its humble beginnings as a $30 million fund, Greycroft has flourished into a formidable enterprise, currently managing over $3 billion in assets...