This is the list every banker wishes they had.
7,000+ private equity funds already compiled and ready to use.
Instead of spending hours pulling names firm by firm, start with a database that gives you immediate coverage of the PE market.
📊 Weekly Summary
Hi there,
Here is a quick recap of this week in global markets and finance:
The ECB raised rates by 25 bps to 2.25%, while governments sold a record $504B of syndicated bonds year to date as deficits and refinancing needs continue to rise. In equity markets, Goldman Sachs expects the US stock market to stop shrinking for the first time in 23 years as net supply turns almost flat.
SpaceX’s expected IPO could create record venture returns, and China prepares a $295B nationwide AI infrastructure plan. In private markets, Apollo warned that Covid-era excesses are still being worked through, Blackstone kept buying SRTs as banks transfer loan risk, and stronger EU bank profits make M&A more attractive.
Let's dive in.
What Does a Well-Run Debt Process Look Like?
Debt financing can be one of the most important drivers of transaction success—but many deal professionals only see pieces of the process.
From lender engagement and financing timelines to execution milestones and key decision points, understanding how the debt process works can help teams move faster and avoid costly mistakes.
That's why we created Termgrid Primers.
Our first edition provides a practical guide to debt financing for LBOs and M&A, helping investors, advisors, and corporate acquirers navigate the journey from kick-off to signing.
Read the full Primer to gain a clearer understanding of how debt gets done.
📈 Recent Finance News
ECB raised rates by 25 bps to 2.25%: Europe’s first rate hike since 2023 signals renewed inflation pressure across the region (CNBC)
Governments sold a record $504B in syndicated bonds YTD: Sovereign borrowing continues to surge as deficits and refinancing needs rise (YF)
US stock market is set to stop shrinking for the first time in 23 years: Goldman Sachs estimates net supply of equity will be almost flat in 2026 (EC)
SpaceX IPO will rewrite Silicon Valley hierarchy: These IPOs may release a flood of cash into the tech sector, creating major new tech players (CNBC)
VC firms are set for record returns from SpaceX: Early investors could see one of the largest venture outcomes in market history (CNBC)
Apollo exec says PE got out of line in the Covid era: A senior Apollo figure says PE excesses from cheap money are still being worked through (FT)
Blackstone is buying SRTs as banks hedge loan risks: Synthetic risk transfers keep gaining traction as lenders manage capital and credit exposure (FP)
China prepares a $295B plan for nationwide AI buildout: Beijing will invest in building data centers across the country over the next five years (TES)
EU bank M&A rationale is rising with profits: Stronger earnings are making consolidation more attractive across European banking (CB)
Magnetar Capital is replacing human analysts with AI bots: Hedge funds are moving AI deeper into research and investment workflows (YF)
👔 A practical toolkit for elite IB and PE professionals:
🔍 Newly Released Reports
How Enterprises Execute, Scale & Sustain Change (KPMG)
Private Equity: Key Considerations for Investors (Apollo)
Guide to Structuring the Modern Law Firm MSO (H&K)
What Investors Tell us About Quarterly Reporting (CFA)
Unlocking Business Value with Agentic AI (Capgemini)
Agentic AI: From Assistance to Advantage (PGIM)
European Bank Competitiveness (Oliver Wyman)
UK Investment in a Changing ISA Landscape (TIA)
The De-equitisation of Public Markets (Fairtree)
AI in PE, Real Assets & Credit (Investcorp)
Global Economic Prospects (World Bank)
Why London is Primed for Success (PwC)
Aerospace & Defense Market Report (RJ)
Global Family Office Report (UBS)
The go-to resources trusted by top finance professionals:
🤝 M&A Activity
UniCredit takeover offer for Commerzbank reached 37.7% tendered shares (Inv.)
Potential Deal Value: $55B-listed
GSK makes biggest ever acquisition for cancer biotech Nuvalent (TG)
Deal Value: $10.6B
Sycamore Partners weighs sale of UK health and beauty chain Boots (YF)
Potential Deal Value: $10B
DCC set to accept improved offer from KKR and ECP (FP)
Potential Deal Value: $7.6B
Kuwait Petroleum pipeline stake sale shortlisted major bidders (AGBI)
Deal Value: $7.5B
Amwins and Dragoneer interested in acquiring Steadfast Group (YF)
Potential Deal Value: $5.4B
Eaton agreed to merge its mobility business with Dana (ETN)
Deal Value: $5.1B
KKR agreed to acquire majority stake in Crowe (PEW)
Deal Value: $3B
Starbucks considering stake sale in Japan unit (JT)
Potential Deal Value: $3B
Elliott joined takeover talks for The Very Group (YF)
Potential Deal Value: $2.7B
Nuvei in talks to acquire Payoneer Global (CT)
Potential Deal Value: $2.7B
Frasers offered to buy remaining stake in Hugo Boss (CNBC)
Potential Deal Value: $2.3B
Blackstone in talks to acquire Canadian H&R REIT (FP)
Potential Deal Value: $2B
GLP aiming to sell assets ahead of IPO (BT)
Potential Deal Value: $2B
That wraps up this week’s insights. More coming your way next week.
PE Bro
P.S. What caught your eye most in this week’s update? Hit reply and tell me.
