private equity

Private markets entered 2026 in a cautious repricing phase, where steady company growth was no longer enough to support last year's valuation levels. According to the latest Lincoln Private Market Index (LPMI) report, enterprise values of private U.S. companies fell 2.2% in the first quarter of...

Blue Owl Capital (NYSE:OWL) co-founder Doug Ostover is selling his remaining stake in the NFL's Washington Commanders back to the Josh-Harris-led ownership group. Ostover, who sold part of his stake last year, is offloading the rest now, according to Bloomberg News.  In 2023, Ostrover and Blue Owl...

The Cleveland Browns sold 10% of the club at a valuation of more than $9 billion to private equity firm Arctos Partners. The deal will be completed in three separate tranches, sources familiar with the matter told Bloomberg. NFL owners approved the first tranche, representing a 3% stake in the team...

The private equity industry's biggest names are showing signs of strain as slowing deal exits, mounting pressure in private credit, and investor unease begin to chip away at one of Wall Street's most lucrative runs. Executives at Blackstone (NYSE:BX), Apollo Global Management (NYSE:APO), The...

Jim Cramer has taken to X to say that private equity is “under attack again,” as some of the largest firms in the space, KKR & Co. (NYSE:KKR), Blackstone (NYSE:BX), Apollo Global (NYSE:APO), and Carlyle Group (NYSE:CG) stocks are all experiencing declines on Tuesday. Private market...

A review of major U.S. private equity transactions in early 2026 shows a sharp concentration of capital flowing into energy and infrastructure-linked businesses. The trend comes as dealmakers grow more selective amid volatile financing conditions, geopolitical instability, and mounting pressure to...

New On The Block GoPro (NASDAQ:GPRO) has retained Houlihan Lokey as financial adviser and Fenwick & West as legal counsel as it explores a potential sale and other strategic alternatives. The company previously disclosed that it had launched a review process following multiple unsolicited...

Brookfield Corporation (NYSE:BN) directly owns approximately $1 billion of SpaceX shares at the current pre-IPO mark, part of a broader $2 billion SpaceX position held across the firm’s platform, according to its Q1 2026 supplemental. The company has also committed approximately $500 million...

Blackstone (NYSE:BX) is in the process of raising money for its third private equity fund. The new fund, which will hold assets for longer than usual, will seek to invest in 8 to 10 companies, with cheque sizes totaling $800 million to $1 billion, Bloomberg reported. Sources familiar with the topic...

Private markets helped accelerate the artificial intelligence (AI) boom by pouring capital into generative AI companies such as OpenAI, xAI, Grammarly and Character.ai under the assumption that scale, speed and product adoption would be the dominant risks.  But that view is starting to shift.  A...

OpenAI is acquiring a consulting firm to support a new private equity-backed joint venture aimed at helping companies deploy artificial intelligence at scale. The venture, majority-owned and supported by more than $4 billion in capital, will launch alongside the acquisition of AI consultancy Tomoro...

Private credit is often seen as highly customized lending that spreads risk, but a handful of large managers—like Blackstone (NYSE:BX), Apollo (NYSE:APO), and KKR & Co. (NYSE:KKR) —are increasingly converging on similar underwriting standards, deal types, and funding structures.  According to a...

Brookfield Asset Management (NYSE:BAM) saw strong fundraising momentum in the first quarter, raising $21 billion in capital, driven by complementary strategies and continued growth in insurance inflows. Subsequent to quarter-end, the firm’s flagship private equity strategy held an initial...

New On The Block Popular peanut butter and jelly brand J.M. Smucker (NYSE:SJM) hired Goldman Sachs to conduct a strategic review of its portfolio, sources told Axios Pro. As activist investor Elliott Investment Management ramped up pressure on Smucker, the company was reportedly weighing options...

Hg Capital Trust cut the value of most of its largest investments during the first quarter, pointing to a broad pullback in software valuations tied to AI-related concerns.  The firm saw a 5.4% drop in net asset value for the quarter. It also saw a 9% decrease in portfolio valuations. Fourteen of...