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EQT-owned veterinary group IVC Evidensia has spent £34m over the past two years responding to a UK Competition and Markets Authority Investigation, according to a report by the Financial Times citing newly filed accounts.
Brookfield Corp is seeking a AUD750m ($525m) loan for its Australian non-bank lender La Trobe Financial, aimed at funding a shareholder distribution while also refinancing existing debt, according to a report by Bloomberg citing unnamed people familiar with the matter.
Global deal activity declined in the first five months of 2026, with the combined number of mergers and acquisitions, private equity transactions and venture capital deals falling by around 7% year-on-year, according to data from GlobalData.
EasyJet has rejected three separate takeover approaches from Castlelake LP, prompting the US investment firm to take its latest proposal – valuing the UK low-cost carrier at around £4.74bn ($6.3bn) – directly to shareholders, according to a report by Bloomberg.
Investor withdrawal requests at Apollo Global Management’s flagship retail private credit fund rose sharply in the second quarter, reaching 17% of the vehicle’s value and prompting the company to cap redemptions at 5% of fund assets, according to a report by the Financial Times.
TPG has named Axel André as its new Chief Financial Officer, with the appointment effective 27 July 2026, as the global alternative asset manager continues to expand its platform and deepen its focus on private wealth.
US accounting firm Eide Bailly has agreed to sell a majority stake to private equity firm Reverence Capital Partners in a deal valuing the business at around $1.8bn, as investor interest in the accounting and professional services sector continues to grow, according to a report by the Wall Street Journal.
Shares in Swiss private markets manager Partners Group slipped on Monday, breaking below levels reached earlier this month after the firm imposed caps on withdrawals from its $8.6bn private equity fund, according to a report by Reuters.
Venture capital investment in defence technology has accelerated sharply in 2026, with global funding reaching $12.3bn so far this year as conflicts in Ukraine and the Gulf drive renewed demand for next-generation military systems, according top a report by the Financial Times.
Private equity firm Pollen Street Capital has agreed to acquire the Universal Banking (UB) division of financial software provider Finastra, marking another step in the ongoing reshaping of the lender-facing banking technology market, according to a report by Reuters.

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