STORIES OF TRANSFORMATION: Following the deregulation of the water market in England, private equity firm Perwyn eyed an opportunity to invest in Everflow, supporting the transformation of the business from a water retailer into a wider utilities offering.

On today’s Stories of Transformation, we are joined by Keith Beattie, an operating partner at Astorg, to discuss identifying business models resilient to AI disruption, and how Al can enhance company operations.

The US and Canada are both grappling with chronic housing shortages, brought about through a combination of underinvestment, regulatory challenges, and rising inflation. Fengate Asset Management is looking to help address affordability concerns through its retail estate division.

STORIES OF TRANSFORMATION: Combatting megatrends such as AI disruption, global pandemics and climate change will require coordinating different sectors of the economy towards a common goal. Anoop Maini, a fellow at the University of Cambridge’s Judge Business School, discusses how the shift towards outcomes-based industries can be made possible, and

STORIES OF TRANSFORMATION: Investment in energy infrastructure has so far been the central means by which private capital firms are helping to tackle the climate crisis. But another major contributor to global emissions comes from key industrial processes such as food decomposition and steel production.

STORIES OF TRANSFORMATION: As military technologies continue to evolve, space is moving into focus as a new contested domain. Military applications include intelligence gathering and missile defence. To explore the opportunity for private capital, we sat down with Jon Lusczakoski, partner at defence investor AE Industrial.

STORIES OF TRANSFORMATION: Recent global instability has demonstrated the challenge of energy security in a world of complex supply chains. We sat down with Thomas Friedberger, co-CIO of Tikehau Capital, to discuss how investors can approach this challenge.

STORIES OF TRANSFORMATION: With private markets rocked by mounting volatility, investors are seeking out long-duration investment opportunities which are insulated from market cycles. Fibre-optic cables could be one such case.

STORIES OF TRANSFORMATION: Despite social impact growing in importance for investors, it remains firmly behind financial returns. That could soon change, with the social consequences of investments being quantified and directly compared with financial performance.

STORIES OF TRANSFORMATION: In 2023, faced with dislocations ranging from a global energy crisis to rising interest rates, Searchlight Capital saw an opportunity on the public markets. The private equity firm bought asset manager Gresham House in a £470m take-private deal.