Private Equity Bros Weekly

📊 Weekly Summary

Here’s a rundown of this week’s standout updates:

U.S. inflation rose 2.6% in October, meeting forecasts, while UK GDP grew just 0.1% in Q3 as high interest rates and Labour’s budget hit spending. Japan rebounded with 0.3% GDP growth, and China saw strong demand for its dollar bonds, pricing them on par with U.S. Treasuries. Meanwhile, the ECB tightened oversight on private equity risks to safeguard eurozone banks.

Sustainable finance surged as U.S. green bond sales neared record highs and ETF inflows hit full-year records. Banks raised $23.5 billion in bonds (the largest since 2016) amid rate hike expectations. India’s Adani Group announced a $10 billion U.S. energy investment, creating 15,000 jobs, while JP Morgan CEO Jamie Dimon ruled out joining Trump’s cabinet, ending speculation.

Let’s break it down.

📈 Recent Finance News

US CPI rose 2.6% YoY: Inflation perked up in October, though pretty much in line with Wall Street expectations (CNBC)

UK economic growth slows to 0.1% in Q3: Labour’s budget and high interest rates hit business and consumer spending (Guardian)

Japan GDP expands by 0.3% in Q3: The GDP reading marked a reversal from the revised 1.1% decline seen in Q2 (CNBC)

China's dollar bond sale yields priced same as US Treasuries: This trend shows strong investor demand for Chinese debt (BNN)

ECB wants banks to better manage PE and private credit risk: ECB to set guidelines to mitigate private market risks for euro zone banks (RT)

Banks raised $23.5B in investment-grade bonds on Nov 12: Largest sale since 2016, driven by expected interest rate hikes in 2025 (USN)

US green bond sales are nearing a record high: Green bonds’ popularity surges with climate-focused investments (ESG)

Adani Group commits $10B in US energy: Announcement follows the re-election of Trump, infrastructure projects would create 15K jobs (TI)

Trump will not appoint Jamie Dimon to his administration: JP Morgan’s CEO will remain leading the investment bank (TH)

ETF inflows smashed full-year records: Record ETF inflows highlight investor shift to diversified, low-cost options (YF)

🔍 Newly Released Reports  

• Secondary Market Outlook (DC Advisory)

• Weekly Market Outlook (Raymond James)

• Private Credit Outlook (Goldman Sachs)

• US Credit Review & Outlook (Moody’s)

• Transition Finance Scorebook (SMBC)

• Energy Transition Outlook (KPMG)

🤝 M&A Activity

Blackstone and Warburg Pincus consider sale of fintech IntraFi (YF)
Potential Deal Value: $12B

Aethon Energy explores $10B sale or IPO of natural gas assets (YF)
Potential Deal Value: $10B

Frontier Communications' sale to Verizon approved (CT)
Deal Value: $9.6B

Coterra Energy expands Permian natural gas & oil footprint (FW)
Deal Value: $3.5B

Ovintiv to acquire Canadian oil assets from Paramount Resources (IO)
Deal Value: $2.4B

AviAlliance to acquire 3 UK airports from Ferrovial and Macquarie (BBC)
Deal Value: $1.9B

Mizuho Financial Group to buy 15% stake in Rakuten’s card arm (YF)
Deal Value: $1.1B

Blackstone eyes 20% stake in India Haldiram's snacks (BW)
Deal Value: Undisclosed

Carlyle explores options for Flender, valued at $3.2B-$4.3B (BNN)
Deal Value: Undisclosed

Charter Communications to buy Liberty Broadband in all-stock deal (CC)
Deal Value: Undisclosed