Industrials

Political vagaries are throwing a spanner in the works for PE defence strategies; the €1.6 billion European behemoth that wants to co-invest with GPs; General Atlantic's new love.

Carlyle Defense and Reindustrialization Partners was registered in June.

‘It’s actually remarkable how much better that business is,’ global PE head John Redett says of the firm’s US overhaul.

In today's edition, LPs are developing an aversion to mean reversion; Why 'dual use' and 'lethal' defence opportunities aren't mutually exclusive; What the SEC wants to know about your PE firm.

The €601bn Dutch pension administrator is willing to pursue earlier-stage investments, including taking a more proactive stance towards European VC, global co-head of PE Greg Jania tells PEI.

A more deliberate collaboration between state and private capital is required if private equity is to fulfil its role in building a better society, writes Gareth Davies, UK shadow minister for business and trade.

The UK has a strategic opportunity to become a global hub for defence investment, but it risks squandering that opportunity through regulatory frameworks that repel the very capital it needs to compete, writes Anthony Catachanas, founding partner and group chief executive of Tower Peak Partners.

Private capital could play a role in bolstering Europe’s energy resilience, catalysing its tech industry and financing the conversion of manufacturing facilities, M&G private markets CIO Emmanuel Deblanc tells PEI.

Twin Bridge set its fundraising goals for Fund VI lower than it did for its last fund, but still beat its initial target by $55 million.

The Washington, DC, manager was expected to hold Fund II’s initial close in the first quarter, according to pension documents.