Private Equity

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Side Letter: Hedging against tradition

In today's edition, LPs without VC allocations could be overexposed to the past, says LGT; KKR's Arctos capitalises on GP illiquidity; An IPO bonanza could spell good news for VC exits.

5 min read · 08 July 2026

Wynnchurch-backed Principal Industries acquires GENLED Brands

Headquartered in San Angelo, Texas, Principal Industries is a provider of LED components and engineered assemblies.

1 min read · 07 July 2026

Financial Services

AEA Investors taps Adam Biren as partner and head of capital formation - Americas

Biren will be based in the firm's New York office.

2 min read · 07 July 2026

Agellus Capital-backed CompassMSP acquires managed IT and cybersecurity firm The Logic Group

Headquartered in West Hartford, Connecticut, CompassMSP provides IT and cybersecurity services.

1 min read · 07 July 2026

Healthcare

Renovus-backed TJP acquires life sciences commercial operations firm FX2 Virtual

TJP is a healthcare marketing communications firm.

1 min read · 07 July 2026

Deals

Blue Owl takes minority stake in professional basketball team The Cleveland Cavaliers

Cleveland Cavaliers Owner Dan Gilbert will maintain his majority stake in the franchise.

2 min read · 07 July 2026

I Squared to acquire Milestone Environmental from SK Capital

Milestone owns and operates 15 fully permitted disposal facilities for oil and gas drilling, completion, and production waste streams strategically located across the most active US energy basins.

1 min read · 07 July 2026