According to PwC’s midyear 2025 report, private equity (PE) firms are holding an estimated $1 trillion in unrealized assets, capital that—under normal market conditions—would have already been returned to limited partners (LPs). But high interest rates, persistent tariff uncertainty, and geopolitical volatility have delayed exits and stalled global M&A activity.“In a typical M&A cycle, $1...
Munich-based defense tech start-up Helsing has raised €600 million ($693 million) in its latest funding round, boosting its valuation to $12 billion, according to the Financial Times.The round was led by Prima Materia, the investment firm co-founded by Spotify’s Daniel Ek and early tech investor Shakil Khan — both of whom doubled down on their...
Global IPO activity has slowed sharply in 2025, with total proceeds down 9.3% YoY to $44.3 billion, the lowest level in nearly a decade, according to LSEG data as of June 17. The downturn reflects the heavy drag of rising geopolitical risk, renewed U.S. tariffs, volatile equity markets, and higher interest rates.Regional Highlights:🇺🇸 U.S. IPO...
According to the Financial Times, hedge fund giant Millennium Management is in discussions to sell a 10%–15% minority stake in its management company, in a deal that would value the firm at $14 billion.The company is reportedly working with Goldman Sachs’ Petershill Partners to identify potential buyers. Both Millennium and Petershill declined to comment on...
As part of an official state visit by His Majesty Sultan Haitham bin Tariq al-Said to Algeria, the Oman Investment Authority (OIA) and Algeria’s Ministry of Finance have signed a preliminary agreement to establish a strategic investment fund valued at OMR 115 million (approximately USD 298.79 million).According to OIA, the fund will target key sectors...
Trump’s sweeping tariffs have jolted markets, but dealmakers are finding ingenious ways to keep M&A moving — even if it means rewriting the playbook.🔹 Silver Lake’s $4.46B Altera Deal with Intel now includes deferred payments:$1B postponed (half due end-2025, half by 2027).Clever structure boosts IRR without cutting Intel’s proceeds.If market (SOX index) recovers, part of...