Madeline Shi

Private credit borrowers have been reporting strong earnings growth. But in a possible sign of economic trouble ahead, far fewer of those gains today are translating into the cash these companies need to keep the lights on.

Private equity dealmakers still chasing software deals have found themselves running into a wall: Industry linchpins that had long been their go-to lenders for financing have gone quiet.

Mainly targeted at administrative tasks, far rarer has AI been implemented by PE firms in a way that can increase revenue.

Private equity's buying spree in software slowed to a trickle in 2026. But a closer read on the market reveals that dealmaking isn't dead—it's just getting done in different ways.

Smaller buyout managers are increasingly borrowing to meet their own GP commitment requirements, raising questions about true alignment with LPs.

Kevin Carter/Getty Images Blackstone has moved to exit another of its top-performing portfolio companies, this time iconic American sandwich chain Jersey Mike’s Subs. The New Jersey-based business, known as much for its subs as it is for its association with actor and superfan Danny DeVito, filed an S-1 with the Securities and Exchange Commission on Thursday, paving the way for a debut on the New York Stock Exchange under the ticker “JMKE.” The number of shares on offer and the price range have

Data for Q2 shows a divided appetite for private equity-owned assets: cautious M&A dealmakers on one side, a more optimistic public market on the other.

Arctos' first Keystone funds will help finance GP commitments and bankroll new strategies for private fund managers that have struggled for liquidity in recent years

Dealmaking reached roughly $217 billion in Q2, growing 5x year-over-year.

The term “fundless sponsor” has long had a hint of failure about it, the sense that a sponsor is without a fund because they were unable to raise one.