Industrials

Fund VI’s target size marks a 25% increase from its predecessor, which closed in 2024 with $600m of capital.

The Pittsburgh-based firm beat its initial target by nearly half.

The firm's US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm’s latest results call.

Investors are keeping a close eye on AI, defence and liquidity dynamics but require managers to clearly distinguish their strategies from those available elsewhere, according to conversations at PEI Group's latest Investor Council gathering.

The firm’s co-managing partners spoke with Buyouts on its evolving investor base, the evolution of its lower mid-market strategy and more.

Private capital should not be viewed as a replacement for government funding, but rather as a catalyst that brings commercial discipline and scale, according to the director general of the Royal United Services Institute speaking at a UK Private Capital event.

In this podcast, we look at how investors are eyeing opportunities that could arise from an estimated €9trn spending spree over the next decade.

The industrial tech investor landed its latest fund by balancing its long-term plans for compounding growth with exits in the here and now.

Some of private equity’s biggest investors including CalPERS, IMAS Foundation and Aware Super share their best book and podcast recommendations for summer 2026.