Blackstone is combining two makers of seekers, radar and guidance electronics into a new company, Falcata, a marker of buyout money chasing Western rearmament.

Withdrawal requests at Blue Owl's biggest vehicles came in lighter than last period, though strain in technology lending and a wall of refinancings remain.

A second retail-facing GP-stakes vehicle shows the business of owning pieces of managers pushing further into the wealth channel.

A Gulf manager teaming with US houses to distribute private-markets strategies shows where fundraising energy is flowing.

The charges against Meyer Global are a caution on retail appetite for pre-IPO vehicles as Washington moves to widen private-market access.

The alert covers the wrappers through which private credit now reaches individuals and what each proposal would change.

A weekly roundup of senior moves across private-markets firms.