Track recorded fund announcements, transactions, leadership appointments and strategic developments from DataBane's published research.
Funds managed by Harvest Partners completed a majority acquisition of The Learning Experience from Golden Gate Capital. Golden Gate retained a minority position, and management remained significant owners. Transaction terms were undisclosed.
BlackRock completed its acquisition of HPS Investment Partners and launched a combined Private Financing Solutions business. The business brought together private credit, GP and LP solutions, and private and liquid collateralized loan obligations. Scott Kapnick, Scot French and Michael Patterson led the new platform, and HPS flagship investment strategies retained their brands.
Hamilton Lane announced Asia Private Assets Fund to expand private-market access in the region.
BlackRock completed the acquisition of HPS and established Private Financing Solutions. Scott Kapnick, Scot French and Michael Patterson lead the combined platform, which integrates private credit, GP/LP solutions and CLO businesses. HPS and its flagship fund strategies retain their branding.
Eneasz Kadziela joined in July 2025 from New York City Retirement Systems and focuses on GP relationships and private capital opportunities in North America.
Closed US$2.2B acquisition of Fundamental Income Properties, adding 467 net-lease properties across 44 U.S. states.
Stonepeak completed its previously announced acquisition of Forgital on 30 June 2025. Carlyle had agreed to sell the aerospace and industrial components manufacturer in December 2024, having invested in 2019. Stonepeak also appointed John Slattery as chairman of Forgital’s board. Financial terms were not disclosed.
Wellington Management released its 2025 Private Investing Survey, highlighting institutional investor sentiment, allocation trends, and priorities across private markets. The survey examines investor perspectives on private equity, private credit, venture capital, infrastructure, and other private investment strategies, providing insights into market opportunities and the evolving role of private assets in long-term portfolios.
Viking acquired a majority stake in the Swedish retail customer experience platform Voyado for $170M valuation.
Dainese agreed with holders of its EUR 285 million senior notes due 2028 to defer the interest payment scheduled for 30 June 2025. The 27 June notice linked the agreement to ongoing discussions with financial creditors. It did not disclose the interest amount, revised payment date or a principal write-off.
Carlyle and UBS’ unified global alternatives business announced an initiative to give wealth clients access to an open-ended private-equity secondaries strategy. The collaboration pairs AlpInvest’s investment platform with UBS distribution and structuring capabilities. No investor commitment amount was disclosed.
AQR announced four Fusion mutual funds combining equity exposure, long-short alternatives and tax-aware implementation. The CVX Fusion Fund launched June 18, 2025; LSE Fusion, MS Fusion and MS Fusion HV launched June 25, 2025.
Woodside completed the sale of a 40% interest in Louisiana LNG Infrastructure to Stonepeak on 24 June 2025. Stonepeak committed $5.7 billion toward foundation-project capital expenditure on an accelerated schedule, funding 75% of expenditure in 2025 and 2026. The closing payment was approximately $1.9 billion, reflecting its share of costs since the effective date of 1 January 2025. These figures are different measures and should not be added together as a purchase price. The approved foundation development has three trains totaling 16.5 million tonnes annually. Bechtel is the turnkey construction contractor. The announcement confirms the April agreement closed; later reported RWE participation requires separate evidence before revising direct project ownership.
BCI announced on June 23, 2025 that it completed a take-private acquisition of BBGI Global Infrastructure S.A., with an announced value of approximately £1.0 billion or C$1.9 billion. The transaction was BCI's first sole-investor take-private. Luxembourg-based BBGI invests in essential infrastructure projects in several countries, including social assets such as schools and hospitals as well as transport facilities. The transaction strengthened BCI's direct infrastructure ownership and control. An exact US-dollar purchase price was not disclosed in the company release, so no estimated USD value should be entered.
BCI reported on June 20, 2025 that it had committed US$200 million as an anchor investor to Arini Direct Lending Fund, which focuses on European middle-market borrowers. The fund was launched through an alliance between Arini Capital Management and Lazard. BCI also described the possibility of more than US$400 million in future co-investments if opportunities met its criteria, but this was an option rather than executed funding. The commitment expanded BCI's access to European private credit opportunities and its pool of general-partner relationships across negotiated debt and co-investment strategies.
Wells Fargo Commercial Banking selected the i2i Logic Client Intelligence Platform. Wells Fargo Benchmark Intelligence combines the bank’s industry knowledge with public data to support personalized conversations with middle-market clients about cash management, working capital, longer-term capital and market risk needs. The parties did not disclose financial terms.
PEP Secure Assets Fund I announced an agreement to sell all of its own Zenith Energy shares to KKR on 18 June 2025. This does not mean PEP owned 100% of Zenith: it invested alongside OPTrust and Foresight in August 2020, and KKR’s separate announcement stated that founder and management shareholders would retain a minority holding. Zenith supplies hybrid energy to remote resources customers and urban microgrids. PEP described expansion into solar, battery and wind technologies during its ownership and approximately 15 sites under long-term contracts. KKR reported over 710MW of contracted capacity and investment through Asia Pacific Infrastructure Investors II. Completion was expected in late 2025 subject to approvals; an exact exit date and consideration were not established by these announcements.
Fortress managed funds and Edge Focus agreed to purchase up to $500M of personal loans facilitated by Happy Money.
Carlyle and Citi agreed to collaborate on asset-backed financing opportunities in fintech specialty lending. Their framework covers sharing market information and exploring co-investment and financing transactions. No funded investment or committed capital amount was disclosed.
Rothesay's update dated 11 June 2025 confirmed that Scottish Widows' bulk purchase annuity business transferred at 00:01 BST that day, following High Court approval on 14 May 2025. Rothesay had announced the acquisition agreement on 13 March 2024. No purchase consideration is reported here.
Golub announced expansion of its European direct lending practice across the U.K., Germany, France and Nordics. It reported over $7.9 billion committed across more than 70 European lending deals since 2020, dated May 31, 2025.
Antin announced CFO Patrice Schuetz would depart in July 2025; Mélanie Biessy appointed interim Group CFO.
Trucordia agreed to receive a $1.3 billion strategic investment from Carlyle Global Credit. The capital supports leverage reduction and repurchases of minority equity units. The release separately cited a $5.7 billion company valuation. Carlyle Credit Opportunities led the transaction.
Investment announcement; individual amount undisclosed.
AlpInvest raised $4.1 billion for its ninth co-investment fund, ACF IX. The fund invests alongside private-equity managers. Related strategic mandates were discussed separately; their inclusion must not inflate the fund’s closing amount.
Carlyle Europe Technology Partners and Rabo Investments announced a growth investment in payment-verification software provider SurePay. Carlyle invests through CETP V. The investment supports product development and geographic expansion. Financial terms were not disclosed.
The Federal Reserve removed the $1.95 trillion asset cap imposed on Wells Fargo in 2018 following the fake-accounts scandal No specific figure stated beyond removal of the $1.95 trillion asset cap
Antares and Ares closed Antares' first continuation vehicle with more than $1.2 billion in aggregate commitments. Ares Credit Secondaries funds led the deal and Antares participated as an investor. The vehicle purchased assets and LP interests from two commingled private credit funds associated with over 100 underlying first-lien floating-rate loans. It enabled existing investors to seek liquidity while a new investor group accessed Antares-originated loans. Antares' liquidity-solutions head Ben Chapin and Ares credit secondaries head Dave Schwartz commented on the transaction. Individual investor tickets and asset pricing were not disclosed.
Bluebird bio announced completion of its acquisition by Carlyle and SK Capital on 2 June 2025. Its shares ceased public trading. David Meek became CEO. This completion follows the February agreement and May amended consideration, which are preserved as distinct earlier news events.
