A $1.8bn strategic sale hands Bain Capital a sizeable realisation in aircraft maintenance. It adds to a run of late-September exits at scale and suggests trade buyers are back at the table.
§ Private Equity
§ Private Credit
Carlyle's research arm argues the AI data-centre buildout could draw as much as $1tn of private credit and urges lenders not to repeat software's concentration mistakes. It is a rare note of restraint from a manager that stands to write much of that debt.
§ Real Assets & Infrastructure
A roughly $2.9bn enterprise value for a US district-energy platform is a marquee transition exit. It signals that specialist buyers still pay up for decarbonisation assets with contracted cash flows.
§ Secondaries & CVs
A second single-asset continuation vehicle in one year from one sponsor suggests the structure is now a standard exit route. Managers are choosing to hold winners rather than sell into a soft market.
§ LPs & Allocators
Closing above its $1.1bn target in a hard fundraising year shows capital is still available for mid-market North American buyouts when the track record is there.
§ Regulation & Tax
The Commission voted to propose changes that would widen retail access to private funds, including performance fees for registered funds, modernised interval funds and an exam-based route to accredited status. It is a proposal with a 60-day comment window, not a final rule, and it frames the week's valuation debate.
§ Law Firm & Expert Insights
A same-week legal breakdown of the SEC staff statement on private-credit valuation and what it means for advisers' pricing processes, the compliance follow-through on the week's central regulatory action.
§ People & Firms
The Singapore investor's build-out in Riyadh and Abu Dhabi tracks where sovereign and institutional capital is pooling, and where Western managers increasingly go to raise it.