The University of California’s investment office has sold around $1bn of private equity interests to secondaries specialist HarbourVest Partners, providing another sizeable transaction for a market that has seen discounts widen amid renewed pressure on private assets, according to a report by Bloomberg.
Thoma Bravo-backed cybersecurity company Sophos is turning to its existing leveraged-loan lenders as it seeks to refinance or extend more than $2bn of debt, after attempts to secure private credit financing failed to gain traction, according to a report by Bloomberg.
Asia-focused investment firm PAG is preparing to raise around $4bn for a new buyout fund, according a report by Reuters citing unnamed people familiar with the plans, as it seeks to broaden its investment footprint beyond its historically strong exposure to China.
KKR has made a roughly $9bn offer to acquire UGI, the Pennsylvania-based natural gas and electricity distributor, in a move that could give the private equity firm exposure to rising demand for reliable power from artificial intelligence data centres, according to a report by the Wall Street Journal.
Private credit investors HPS Investment Partners and Oaktree Capital Management have taken control of MBS Group after the production equipment supplier defaulted on its debt, highlighting the mounting pressure on businesses tied to Hollywood’s prolonged slowdown, according to a report by the Financial Times.
Canadian financial institutions and investment funds have built up around CAD500bn ($360bn) of private credit exposure, with the majority of those investments linked to borrowers and funds outside Canada, according to a report by Bloomberg citing new research from the Bank of Canada.
Ardian is exploring a potential sale of Swissbit, the Swiss provider of industrial storage and data security products, in a process that could value the business at several billion dollars, according to a report by Bloomberg citing unnamed people familiar with the matter.
Schroders Capital has appointed Sabrina Meng from Oaktree Capital Management to head business development across Asia, with a particular focus on raising capital for its private debt and credit alternatives business, according to a report by PEI.
Singapore-based Kembangan Capital Partners has secured $725m across two investment vehicles targeting private equity and venture capital opportunities in Asia, with a sovereign wealth fund providing anchor backing, according to a report by Bloomberg.
JP Morgan Asset Management has launched a new private equity vehicle for Australian wealth clients, extending access to a strategy previously focused on institutional investors, according to a report by the Financial Standard.
12 November, 2026 – 5:00 pm
12 November, 2026 – 8:00 am
12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
