Littlejohn & Co has promoted Brian Michaud to managing partner as part of the succession strategy at the mid-market private equity firm, with co-founder and chief executive Michael Klein moving from managing partner to chairman.
Financials generated the strongest one-year returns in US private equity during 2025, outperforming the broader buyout market, while information technology led returns across overseas buyout markets, according to new benchmark data published by HarbourVest Partners.
Partners Group has raised more than $15bn at the final close of its fourth direct infrastructure fundraise, marking a significant size hike compared to its predecessor vehicle in the strategy.
Silver Hill Energy Partners has hauled in almost $1.28bn at the final close of its fifth oil and gas-focused investment fund after an oversubscribed raise.
Uplift Investors, a private equity firm launched in 2025 by a trio of former Gridiron Capital executives, has raised $670m at the hard cap final close of its debut fund.
The British Business Bank has committed €25m to EQT Life Sciences' EQT Health Economics 3 Fund, which is targeting commercial stage, de-risked medtech and digital health technologies.
Ardian has agreed to sell its majority stake in GBA Group, a Hamburg-based life science and laboratory analytics provider, to Bridgepoint after supporting a major phase of international growth.
Preservation Capital Partners, the European mid-market PE firm focused on financial and business services, has closed its third fund at its €877m hard cap after an oversubscribed fundraising which took just six months.
Carlyle AlpInvest has held the final close of Atom Fund II, its second vehicle focused on making single-asset continuation fund investments, at its $1.7bn hard cap - well above its $1bn target.
Silicon Valley venture capital firm Greylock has launched Greylock 18, a $1.5bn early-stage fund that will back founders at the pre-seed, seed and Series A stages, with a particular focus on companies emerging from the current wave of AI innovation.