Private infrastructure capital is making its move to own the foundational layer of the AI revolution: electricity. According to Bloomberg reports, BlackRock-owned Global Infrastructure Partners (GIP) and EQT AB are in advanced talks to acquire U.S. power giant AES Corp (AES). This potential take-private deal highlights a massive shift in how mega-funds are approaching the...
The scale of AI capital formation has officially surpassed anything we have ever seen in the history of private markets. Ahead of its highly anticipated IPO, OpenAI has secured a staggering $110 billion funding round, cementing its valuation at $840 billion. Big Tech companies are no longer just investors; they are acting as nation-states, deploying...
The $1.7 trillion private credit boom is facing a massive transparency test. According to a new investor letter from Rubric Capital (a $3 billion hedge fund founded by former Point72 manager David Rosen), some Business Development Companies (BDCs) are allegedly deploying “Enron-like accounting games” to mask their true leverage from retail and institutional investors. 🕵️♂️...
Japan’s aggressive push to modernize its corporate governance is officially reaching its biggest household names. Nintendo (7974.T) has announced a massive unwinding of its strategic shareholdings. A consortium of legacy partners—including MUFG Bank, Bank of Kyoto, Resona Bank, and DeNA—will sell off approximately 290 billion yen ($1.9 billion) of the gaming giant’s stock, marking a...
The global capital markets are about to get a massive jolt from the agriculture sector. Swiss-based agrochemical giant Syngenta Group (controlled by Chinese state-owned Sinochem) is reportedly preparing to file for an up to $10 billion Initial Public Offering on the Hong Kong Stock Exchange. After scrapping a planned Shanghai listing two years ago due...
Harvey Schwartz’s turnaround at Carlyle Group (CG) is officially hitting its stride. After trailing behind mega-cap peers like Blackstone and Apollo in recent years, the $477 billion asset manager just unveiled an aggressive new growth roadmap. The centerpiece? A massive $200 billion capital raising target by 2028, signaling a highly calculated pivot toward the stability...