Private Equity

US

The midterms’ message to the industry

‘Assume you’re going to get a letter, assume Congress is going to come looking for you, assume a hearing might be on the horizon,’ Holland & Knight partner Arya Hariharan warns industry as Dems look ahead to victory.

7 min read · 16 October 2026

Side Letter: Returns recalibration

In today's edition, Another major LP rethinks its PE allocation over return concerns; Japan continues to warm to GP stakes; EQT taps HIG in California.

5 min read · 13 October 2026

HIG veteran-led Aphias secures final close of $1.05bn for debut fund

The lower mid-market is ‘structurally superior to the upper mid-market/mega-cap private equity market,’ managing partner Rob Wolfson told Buyouts.

3 min read · 08 October 2026

PennSERS lowers PE target due to lack of 'options' in current market

Much of the conversation around PennSERS’ private equity portfolio is indicative of the dramatic shift in the state of the private markets over the last five years.

3 min read · 07 October 2026

Side Letter: Fundraising sneak peek

In today's edition, Fundraising was up in Q3, per preliminary PEI Group data; Why the Fed's rate hike is unlikely to derail private equity dealmaking; A VC manager is back in the market with its sophomore GP stakes vehicle.

5 min read · 07 October 2026

Fundraising

Aerospace and defense investor AE Industrial launches fourth fund

Investment in the sector has risen dramatically in the past five years.

3 min read · 06 October 2026

Lender, not owner: NYC pension leans into credit amid PE slump

Deeper moves into private credit would be both an offensive play and a defensive rotation while private equity recovers, according to Sanford Rich, executive director of the NYC Board of Education Retirement System.

3 min read · 06 October 2026

Thompson Street targets $1.7bn for seventh flagship fund

The fund’s target size marks a modest increase from Fund VI, which closed on $1.5bn in 2022.

2 min read · 30 September 2026

Miller departs Recognize to launch AI-focused SingleSpoke

SingleSpoke plans to apply AI to traditional mom-and-pop businesses, starting tech-forward platform companies and using M&A to add on legacy players.

4 min read · 30 September 2026

Miller departs Recognize to launch AI-focused SingleSpoke

SingleSpoke plans to apply AI to traditional mom-and-pop businesses, starting tech-forward platform companies and using M&A to add on legacy players.

4 min read · 30 September 2026

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