Managers
Tom Steyer’s Galvanize is targeting venture debt, focusing on lending to early-stage companies, but avoiding the private credit market as it swells to about $3tn, according to a report by Bloomberg.
Blackstone has launched a new unit to channel global retirement savings into private market strategies, targeting a multi-trillion-dollar opportunity in defined contribution plans, according to a report by Reuters.
The Italian Benetton family has merged its private capital arm 21 Invest with Milan-based Tages to create a new €3bn platform, 21 Next, as part of a plan to scale its assets to €10bn within five years, according to a report by the Financial Times. Edizione, the family’s holding company, will control the combined group.
LGT Capital Partners has launched its first public equities impact strategy, positioning listed markets as a critical complement to private markets in addressing global social and environmental challenges, according to a report by Impact Investor.
Olympus Partners Founder Robert Morris has cautioned that private equity’s expansion into US 401(k) accounts could expose savers to higher fees, poor returns and increased risk, raising the possibility of future taxpayer-funded bailouts, according to a report by the Financial Times.
UK-based chain German Doner Kebab, backed by private equity firm True, is preparing to enter the Indian market early next year as part of an international expansion aimed at reaching £1bn ($1.32bn) in global sales within five years, according to a report by Reuters.
Seviora Group, the Temasek-owned asset manager, is set to integrate affiliate Pavilion Capital into its platform, increasing combined assets under management to roughly $72bn, according to a report by Reuters.
Apollo Global Management’s co-head of private equity, David Sambur, says the industry is moving into a more unforgiving phase, one that will separate firms generating genuine operational value from those that rode a decade of ultra-low interest rates, according to a report by Bloomberg.
Serentica Renewables plans to raise between $6bn and $8bn over the next five years to support acquisitions and new-build projects as it moves to more than double its clean energy capacity, according to a report by Reuters citing chairman Pratik Agarwal.
Deutsche Börse has made a €5.3bn offer for Allfunds, the fund platform backed by private equity investors such as Hellman & Friedman, in what marks a push into the asset-servicing sector, according to a report by the Financial Times.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
