Private equity firms KKR & Co and Blackstone and hedge fund major Citadel are discussing ways to deal with the US Securities and Exchange Commission’s crackdown on the financial industry’s use of disappearing messaging apps like WhatsApp, Telegram and Signal, according to a report by Bloomberg.

WH Equity Partners, a US private equity firm focused on growth investments and buyouts in the small and mid-cap sectors, has been launched by Senior Managing Director and Chief Investment Officer Peter Weinbach and Senior Managing Director Grant Harshbarger. 

Despite a decline in both private equity infrastructure dealmaking and fundraising in 2023, limited partners are planning to increase their commitments to the asset class, according to a new report by Boston Consulting Group.

Equistone Partners Europe, a European mid-market private equity investor, has joined the United Nations Global Compact, the world’s largest voluntary corporate sustainability initiative with over 24,000 participants across more than 160 countries.

Keensight Capital, a Paris-based private equity firm focused on European growth buyout investments, has opened a new office in Singapore. 

Stephen Schwarzman, the CEO of the world’s largest private equity firm, Blackstone, earned $896.7m in pay and dividends in 2023, an almost 30% decline from the record $1.26bn he took home in 2022, according to a report by Reuters.