Private Equity Wire

Carlyle Group has joined JPMorgan Chase and Andreessen Horowitz in a more than $1bn funding round for defence technology company Castelion, highlighting growing PE and institutional investor interest in next-generation weapons manufacturing, according to a report by the Wall Street Journal.

The California-based startup said the Series C financ...

Private credit managers are increasingly looking to Britain’s £1tn-plus defined-benefit pension market as a source of capital, as insurers allocate a growing share of their portfolios to private assets, according to a report by the Wall Street Journal.

The trend was highlighted by a new partnership involving Standard Life, CVC Capital Partners...

Private credit managers are increasingly looking beyond traditional direct lending as fundraising slows, investor withdrawals remain elevated and new loan origination declines across parts of the market, according to a report by Bloomberg.

The shift is particularly evident among non-traded business development companies, where fundraising fell...

A consortium of five private equity firms is exploring a sale of EverBank, just three years after acquiring the Florida-based digital bank from TIAA, according to a report by the Wall Street Journal citing unnamed people familiar with the matter.

The lender is considering several strategic options, including a potential sale or merger, while a...

CVC Capital Partners is preparing a potential offer for UK challenger bank Aldermore, adding to a growing list of bidders circling the lender as parent company FirstRand looks to exit the business, according to a report by Sky News.

The private equity firm has reportedly been preparing for a possible transaction for several months and is expec...