Investment firm Hillhouse Investment Management is in discussions with banks to secure around $600m in debt financing to support its continued investment in data centre operator DayOne Data Centers Ltd, according to a report by Bloomberg.

Private equity firm Arcline Investment Management has agreed to acquire and take data visualisation and printing technology company AstroNova Inc private in a transaction valued at approximately $272m, according to a report by the Wall Street Journal.

Global private equity and venture capital investment in amateur sports is on track for another year of expansion in 2026, supported by rising deal activity and continued interest in a fragmented, fast-growing segment of the sports economy, according to S&P Global.

Bain Capital is poised to realise one of the largest profits in private equity history after its long-held investment in Japanese memory chipmaker Kioxia surged in value amid the global artificial intelligence boom, according to a report by the Financial Times.

Private equity firm General Atlantic is in discussions to lead a major new funding round for Kling AI, the generative video unit of China’s Kuaishou Technology, one of China’s fastest-growing AI businesses ahead of a planned IPO, according to a report by Bloomberg.

Yum! Brands has agreed to sell Pizza Hut in a dual transaction with private equity firm LongRange Capital and Yum China Holdings, valuing the global pizza chain at around $2.7bn, according to a report by CNBC.

HIG Capital has completed the sale of clinical research organisation Celerion Holdings to funds affiliated with THL Partners in a $1.8bn transaction, marking another realisation from its Advantage investment strategy amid an improving backdrop for private equity exits.