Financial services

Funds advised by CVC have committed $1.1 billion to M&G’s 2025 PE Secondary Fund to buy a portfolio of private equity interests - primarily in mature North American mid-market buyout funds - and to make future co-investments alongside these managers.

The growing prevalence of heart-related issues is driving demand in cardiological care, and in turn, getting interest from private equity firms such as Antin, Arcline and Carlyle; growing regulatory support and biotech company growth are drawing private equity to regenerative medicine; healthcare investors saw wins in the fourth quarter.

Schroders will continue to operate as a standalone business within the wider Nuveen group.

Both will support Rotunda’s value creation team and work closely with portfolio company leadership on key initiatives.

He will continue to work from the firm’s Lexington, Kentucky office.

Q4 marked the weakest finish in five years for PE deal volume. We take a close look; weekly companies-for-sale update, highlighting exits from Blackstone Energy Partners and Audax Private Equity.

The merged entity will boast a combined real estate heft of around $172bn in assets under management across equity and debt in all major regions.

The investment is part of a partnership signed between TPG and Jackson.

Not only are fourth quarters usually stronger, they are usually the strongest quarter of their years. This was not the case in 2025.

Yang is based in the firm’s Boca Raton, Florida office.