CPP Investments Bets $741M on India Data Centers: What Pension Funds Know That You Don't
Canada's largest pension fund just made its biggest single India bet. CPP Investments committed ₹70 billion, roughly $741 million USD, to CtrlS Datacenters, taking an 8.2% equity stake and a 48% posit
June 18, 2026
Odyssey Raises $310M at $1.45B: Amazon Is Betting on World Models, Not Just LLMs
On June 17, 2026, world model startup Odyssey closed a $310M Series B at a $1.45B post-money valuation, led by Natural Capital with participation from Amazon Web Services, AMD Ventures, GV, EQT, and I
June 18, 2026
LongRange Capital Buys Pizza Hut for $1.5B: What This Franchise PE Deal Reveals
The short version: On June 16, 2026, Yum! Brands announced a $2.7B two-part sale of Pizza Hut. LongRange Capital, a CalPERS-backed private equity firm founded by Bob Berlin, agreed to buy Pizza Hut ou
June 18, 2026
Montagu Carves BMC Helix Out of KKR's Empire: The PE Playbook Behind the Deal
On June 17, 2026, Montagu Private Equity announced it will acquire a majority stake in BMC Helix, carving the agentic AI ServiceOps platform out of KKR-owned BMC Software. KKR retains a minority stake
June 18, 2026
Direct Lending vs Broadly Syndicated Loans: A Private Credit Investor's Guide
TL;DR: Two corporate debt markets, each sitting at roughly $1.55 trillion in outstanding balances, now compete for the same PE-backed borrowers. Direct lending pays 9.8-10.3% with maintenance covenant
June 18, 2026
Co-Investment in Private Equity: The Insider Track to Better LP Returns
A co-investment lets you put capital directly into a single private equity deal alongside the fund, at zero carried interest and reduced or zero management fees. According to ILPA Principles 3.0, this
June 18, 2026
The PE Distribution Waterfall: How $100M in Fund Proceeds Gets Divided
The distribution waterfall is the contractual mechanism that determines how every dollar of fund proceeds splits between you, the limited partner, and the general partner. Get this wrong, and a fund t
June 18, 2026
Altaris Takes Simulations Plus Private for $375M: What Healthcare PE Is Betting On
TL;DR: On June 16, 2026, Altaris Capital Partners announced a $375 million all-cash deal to take Simulations Plus (Nasdaq: SLP) private at $18.50 per share, a 26% premium to the 60-day volume-weighted
June 18, 2026
UK PE Is Having a Record Exit Year. But Everyone Is Selling to Each Other.
UK private equity exits reached £20.9 billion ($28B) across 131 deals in the first four months of 2026, putting the market on track for a record year. According to PitchBook's analyst note, "UK Exit M
June 18, 2026
Earlybird and AVP Launch a €500M European Defence Fund. Here Is What That Signals.
Earlybird Venture Capital and AVP (formerly AXA Venture Partners, rebranded April 2025) have jointly launched E2D, a €500 million growth fund targeting European defence and dual-use technologies. Tech
June 18, 2026
Private REIT vs. Public REIT: What the BREIT Gating Crisis Should Teach Every Investor
The Day Investors Discovered Their Money Was Locked In November 2022, Blackstone's non-traded REIT known as BREIT received $9.9 billion in redemption requests from investors who wanted their money ...
June 17, 2026
How to Evaluate an Emerging VC Fund Manager: 7 Signals That Actually Predict Returns
TL;DR: Cambridge Associates benchmarking data shows that 53% of the top-10 performing VC funds in any given year between 2004 and 2016 were Fund I or Fund II. A full 73% were emerging managers. The...
June 17, 2026