Track recorded fund announcements, transactions, leadership appointments and strategic developments from DataBane's published research.
On April 27, 2026, Stonepeak and Bernhard Capital Partners announced an agreement to acquire regulated Louisiana electricity utility Cleco. The seller consortium comprised Macquarie Asset Management, British Columbia Investment Management Corporation and Manulife Investment Management. Cleco serves residential, commercial and industrial customers across 24 parishes in Louisiana. The announcement provided a signed transaction but did not itself confirm closing, a purchase price or BCI's share of proceeds. BCI's role should be identified as a seller, with its underlying portfolio relationship left open until a closing announcement is verified.
Stonepeak and Bernhard Capital Partners agreed on 27 April 2026 to buy Cleco from Macquarie Asset Management, BCI and Manulife Investment Management. Stonepeak is expected to own the majority after closing, which remains subject to customary regulatory approvals in the announcement. Cleco serves approximately 298,000 customers across 24 Louisiana parishes and employs about 1,200 people. The buyers committed to local management, the Pineville headquarters, existing operations and employee compensation and benefits. Louisiana Public Service Commission regulation continues. The seller consortium invested approximately $3 billion over its ownership period; this is historical capital expenditure, not acquisition consideration. Greenhill advised Stonepeak and Simpson Thacher advised the buyer consortium.
Nuveen Real Estate acquired Munich LEN Business Park, a multi-let logistics and commercial business park located in Munich, Germany. The acquisition expands Nuveen's European real estate portfolio and aligns with its strategy of investing in high-quality industrial and logistics assets in key urban markets.
Everstone partnered with the founding promoters to create a regulated-markets specialty-formulations platform spanning the US, Europe and other markets.
Crescent received a £450M U.S. direct-lending mandate from U.K. pension fund Nest, expanding Crescent's institutional private-credit business base.
Third Point decided not to proceed with a proposed proxy fight at CoStar Group and fully exited its investment. The decision followed Third Point's assessment that its original investment thesis was no longer viable. The campaign had focused on reducing spending, improving capital allocation and refocusing CoStar on its core commercial real estate business.
Point72 Turion participated; Atreides led. Company post-money valuation USD3.65B; other named participants Apollo, NVIDIA, T. Rowe Price Investment Management, Prosperity7 and Sutter Hill.
InfraVia announced an investment term sheet with Carester on 9 April 2026 for a contemplated minority investment by its Critical Metals Fund alongside USA Rare Earth. Each investor would hold approximately 12.5% of Carester after the proposed transaction. Closing remained conditional on confirmatory due diligence, agreed conditions and execution of definitive documentation. Founded in 2019, Carester specializes in rare earth recycling and separation. Its Caremag facility in Lacq, southern France, was scheduled for commissioning in late 2026, with annual capacity to recycle 2,000 tonnes of magnets and refine 5,000 tonnes of mining concentrate. French and Japanese public entities support Caremag. USA Rare Earth’s subsidiary Less Common Metals Europe develops a nearby metal and alloy facility. The proposed stake is not presented as completed ownership.
Starfish Space raised more than USD 100 million Series B, led by Point72 Ventures; its servicing platform supports satellite life extension and disposal.
On 1 April 2026, InfraVia announced majority acquisitions of Mercia Power Response and Balance Power Projects and their combination into Supernova Power. InfraVia owns a majority equity stake in the combined UK flexible-power platform, with both management teams holding minority interests. Mercia had been majority owned by Foresight-managed funds since 2015 and operated 262 MW of gas-peaking and battery assets, with more than 400 MW of battery projects in development. Founder-owned Balance had delivered 39 projects and maintained a battery development pipeline above 1.4 GW. The combination integrates development, construction, operations, financing and energy management to support renewable deployment and grid flexibility. Macquarie Capital and Ashurst advised InfraVia. Transaction consideration and exact sponsor ownership were not disclosed.
Funds managed by Fortress affiliates acquired Omni Agent Solutions, a technology-enabled provider of bankruptcy and corporate restructuring administration services.
Sun Life acquired the remaining 49% interest in Crescent, completing its ownership acquisition and bringing Crescent fully into Sun Life's platform.
On 25 March 2026, Stonepeak and KJTS announced KWAP as an investor in Lestari Cooling Energy, their Malaysian district cooling platform. KWAP is expected to commit up to approximately MYR190 million through its Dana Iklim+ climate initiative. This is KWAP capital, rather than a disclosed payment by Stonepeak. The platform develops district cooling and electricity distribution assets predominantly in Malaysia. Aggregate commitments and debt could capitalize the venture at up to MYR1.5 billion. The partners identify urbanization, energy-efficiency programs and data-center development as demand drivers. The announcement connects the investment to Malaysia's National Energy Transition Roadmap and forecasts emissions savings at full deployment.
On 19 March 2026 InfraVia announced its first Critical Metals strategy investment, committing US$50 million through a convertible note to Core Lithium. This forms part of a broader US$205 million package with Glencore, Nebari and institutional investors. Financing supports operation of the Finniss lithium project south of Darwin in Australia’s Northern Territory. The project combines underground and open-pit ore extraction with on-site processing into high-grade spodumene concentrate. First concentrate shipments were expected in the third quarter of 2026, with full commercial production targeted for mid-2028. InfraVia identified possible future plant expansion and regional resource growth. The instrument is a convertible note, so no existing equity ownership percentage is inferred. The French State seeds the Critical Metals strategy alongside private institutional capital.
Fortidia confirmed the completion of BC Partners' majority acquisition on March 6, 2026, following a December 16, 2025 agreement. The Fiorelli family and Oaktree-managed funds were sellers; CEO Paolo Fiorelli retains a meaningful stake. Purchase price and exact ownership were not disclosed.
Grow Therapy announced on March 4, 2026 that it raised US$150 million in Series D funding, co-led by existing backers TCV and Growth Equity at Goldman Sachs Alternatives. BCI and Menlo Ventures joined as new investors alongside other existing venture backers. Grow Therapy connects patients, therapists and psychiatric care providers and works with payers, employers and health systems to expand behavioral health access. The disclosed amount is the overall round size, not BCI's specific contribution. The announcement supports BCI's participation in growth-stage healthcare technology investments.
BlackRock's GIP, EQT Infrastructure VI and co-underwriters CalPERS and QIA agreed to acquire AES. The announcement reported $15 per share in cash, a $10.7 billion equity value and approximately $33.4 billion enterprise value including existing debt. These are consortium transaction measures, not BlackRock's individual ticket. The March 2 release expected closing in late 2026 or early 2027, subject to shareholder and regulatory approvals; no completion is asserted.
Overland AI disclosed USD 100 million financing backed by Point72 Ventures, led by 8VC. The aggregate included a USD 20 million venture debt facility from TriplePoint.
Quadria Capital announced completion of the take-private of Apex Healthcare Berhad on February 24, 2026 with 65 Equity Partners, Malaysia’s Employees Provident Fund and Silk Road Fund as co-investors. The transaction valued Apex at approximately MYR 1.9 billion, around US$470 million at the disclosed reference value, and resulted in the company becoming 100% privately owned by the consortium. Quadria was the largest single investor and led the transaction. Apex is a Malaysia-based healthcare group with pharmaceutical and related healthcare operations. Quadria framed the investment as a platform for the company’s next phase of growth and regional development and described the completed transaction as the largest healthcare take-private undertaken in Malaysia.
Fortress provided a $112M senior secured credit facility to support the continued growth of specialty pet retailer Hollywood Feed.
Coller led a $1.3 billion continuation vehicle with Ares for a U.S. direct-lending fund.
Financing supported Pure Cremation's refinancing and Centerbridge's structured minority investment.
BC Partners and Bpifrance completed acquisition of French pharmaceutical company Biogaran from Servier. Bpifrance is a significant minority shareholder. No financial consideration was reported.
Russell Investments announced the acquisition of Zurich Investment Management's Australian business for nearly 2 Billion AUD.
Fortress provided senior secured financing supporting acquisition and redevelopment of a 33.9-acre infill site in Brea, California.
Third Point launched an activist campaign at CoStar seeking changes including board representation and strategic/capital allocation changes, arguing CoStar's expansion into residential real estate was obscuring the strength of its core commercial real estate business.
Brex was acquired by Capital One, representing a Lone Pine private-portfolio exit.
EQT agreed to acquire 100% of Coller Capital, creating a dedicated secondaries platform within EQT.
Fortress led a senior secured credit facility comprising a $450M term loan and $50M revolving facility to refinance existing debt and support growth.
ART announced investment supporting additional social and affordable housing in Queensland, including 92 new homes in Brisbane.
