Deals
Goldman Sachs Asset Management and Ardian have purchased a $1bn portfolio of US private equity interests from China Investment Corp. (CIC), in a secondary market transaction involving the sovereign wealth fund’s efforts to reduce exposure to illiquid assets, according to a report by Bloomberg.
Data protection software provider Commvault Systems is exploring strategic options, including a potential sale, after attracting takeover interest from multiple suitors, including private equity firm Thoma Bravo, according to a report by Reuters.
China’s largest insurer Ping An Insurance Group is seeking to reduce its exposure to software-focused private equity investments through a secondary sale of fund stakes valued at around $1bn, according to a report by Bloomberg citing unnamed people familiar with the matter.
Blackstone Inc has taken the first formal step toward launching an initial public offering for a newly created investment platform designed to acquire and own operational data centres, as demand for AI infrastructure continues to surge, according to a report by Bloomberg.
Swiss contract development and manufacturing company PolyPeptide Group AG is attracting potential acquisition interest from several private equity firms, including EQT AB and KKR & Co, according to a Bloomberg News report citing unnamed people familiar with the discussions.
EQT AB has entered the competitive auction process for ownership of the Indian Premier League team Royal Challengers Bengaluru, intensifying a growing private equity-led bidding war for one of cricket’s most valuable franchises, according to a report by Markets Group.
CVC Capital Partners is seeking co-investment partners to support its proposed €10.9bn takeover of Italian pharmaceutical company Recordati, according to a report by Bloomberg citing unnamed people familiar with the matter.
Funds managed by Ares Management have agreed to acquire Whitestone REIT in a deal valuing the US-listed shopping centre owner at approximately $1.7bn, marking another take-private transaction in the retail real estate sector, according top a report by Reuters.
General Atlantic has closed its acquisition of Team Services Holding Inc from Alpine Investors for approximately $3bn, including debt, according to a report by Bloomberg citing unnamed sources familiar with the transaction.
A potential de-escalation of geopolitical tensions in the Middle East may help revive private equity dealmaking momentum in 2026, according to a report by Bloomberg citing comments by Joe Baratta, global head of private equity at Blackstone Inc.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
