Private Equity & Retirement Savings - Private equity firms are increasingly targeting retirement savings as a source of capital [1] - The private equity industry manages approximately $29 trillion [1] Potential Concerns - The article raises concerns about the potential risks and implications of private equity's growing involvement in retirement savings [1]

Tax Structure - Private equity and hedge funds are structured as pass-through entities [1] - These entities pass their entire tax obligation to investors or limited partners [1] Industry Focus - The document explains how private equity and hedge funds are taxed [1]

Core Insights - Citigroup is enhancing its research focus on private companies, particularly in the artificial intelligence sector, to adapt to market changes [2][3][5] - The number of closely-held companies is increasing while public companies are declining, especially in AI and aerospace, leading to a more opaque financial landscape [3][4] - Nearly 1,500 startups globally are valued at $1 billion or more, indicating a significant shift in market dynamics [4] Investment Trends - The value of global M&A deals involving AI firms surged by 288% to $49.9 billion in 2024, with the number of deals increasing by 53% to 454 [6] - The number of M&A deals has risen by 130% since 2019, while deal value has skyrocketed by 730%, highlighting a robust trend in the AI sector [6] - During the first half of 2025, AI startups in the U.S. raised $104.3 billion, significantly outpacing VC-backed exits of $36 billion [7] Strategic Shifts - Citigroup aims to analyze how profit pools will be disrupted and identify potential winners and losers in both private and public sectors [5] - The trend of larger companies acquiring smaller firms for technology access is becoming more common, reflecting a natural progression in the industry [6]

M&A Market Overview - Global M&A deal volume surged, exceeding $2 trillion [1] - Deal volume increased by 27% year-over-year, driven by a rise in mega deals [1] - The M&A market experienced a roller coaster, but the second half of May and June showed robustness [3] - Asia has been a bright spot for M&A activity, including take-private transactions [4] Regulatory Environment & Deal Drivers - Perceptions of a more lenient regulatory environment may be influencing deal activity [4] - Mispriced companies present opportunities for take-private transactions [4] - Companies with strong stock prices and access to financing are making bold bets [4] Private Equity & Secondary Market - Private equity exits have been limited, creating a capital lockup [5] - Private equity firms are increasingly engaging in minority deals, continuation funds, and partial exits [7] - The secondary market is facilitating partial sales and allowing LPs to realize some returns [7] - The value of secondary market depends on the underlying assets and the reasons for the transaction [8][9] AI & Data Centers Impact - AI is a significant theme, with companies investing heavily in AI capabilities and talent [11] - Two-thirds of startup funding this year has gone to AI-related ventures [11] - AI and data centers are driving demand for energy and data center investments [10][11] - Companies are acquiring AI capabilities and talent through "acqui-hires" [12] Talent Acquisition - The need for talent is rising across various sectors [15] - Talent acquisition is an integral part of M&A, focusing on retaining key personnel [16][17] - Companies may consider acquiring top talent directly instead of entire companies [13]

Bruce Flatt predicted the secondary market for private equity, real estate and infrastructure will take off. Five years later, the boom has come and his Brookfield has largely missed out. https://t.co/dmfKa0uX8M ...

Investment Trends - Private equity firms are willing to support India's Gen Z billionaires in pursuing their passions [1] Generational Shift - India's Gen Z billionaires are reportedly losing interest in traditional business pursuits [1]

Billion dollar M&A deals are back, and usually that means leveraged finance desks across Wall Street rake in a fortune. This time around though, private equity has been cutting them out of most of the most desirable deals. Bloomberg's Reshmi Basu joined us for Wall Street Beat on Bloomberg Open Interest to talk about the trend. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl. ...

Once a fundraising success, Trilantic is now selling assets at a steep discount as middle-market private equity firms face a cash crunch https://t.co/MbxAY3Q1sn ...

Shares of global consumer intelligence platform NIQ are expected to start trading this week, and their performance could open the door for other private equity-backed companies weighing going public https://t.co/pyKlnLp2Hp ...

Recruitment Practices - Citi is requiring new investment-banking analysts to disclose existing job offers from other firms [1] - Banks are taking steps to curb aggressive recruitment by private equity firms [1]