The year has turned a bit south for those heavy hitters in the private equity industry as Trump trade turmoil ratchets up angst with companies and top leaders. The value of global buyout deals in the second quarter of this year is poised to drop by 16% compared to the first quarter, according to a new report from consultancy Bain. For the first time in a decade, no buyout fund closed in the first quarter raised more than $5 billion, the report found. Across alternative asset classes, demand now outstrips su ...

Core Viewpoint - A securities class action lawsuit has been filed against Compass Diversified Holdings for irregularities in financial reporting and practices related to its acquisition of Lugano Holdings, leading to a significant drop in stock price [1][3]. Group 1: Company Overview - Compass Diversified Holdings is a private equity firm headquartered in Westport, Connecticut [2]. - In 2021, Compass acquired a majority interest in Lugano Holdings, Inc., a high-end jewelry designer, for an enterprise value of $256 million [2]. Group 2: Legal Action Details - The class action lawsuit pertains to investors who purchased Compass securities between May 1, 2024, and May 7, 2025 [1]. - Investors have until July 8, 2025, to seek appointment as lead plaintiff in the class action [2]. Group 3: Financial Irregularities - On May 7, 2025, Compass disclosed irregularities in Lugano's non-CODI financing, accounting, and inventory practices, necessitating a restatement of previously issued financial statements for 2024 [3]. - Following this announcement, Compass' stock price plummeted by $10.70 per share, a decline of over 62%, closing at $6.55 on May 8, 2025 [3].

NB Private Equity Partners Announces the Results of the Annual General Meeting St Peter Port, Guernsey 12 June 2025 NB Private Equity Partners Limited (the “Company”) is pleased to announce that at the Annual General Meeting of its Class A Shareholders held at 1.45 p.m. on 12 June 2025, each of the Resolutions tabled were duly passed without amendment. All resolutions as set out in the Notice of AGM, of which resolutions 1-10 were proposed as ordinary resolutions and resolutions 11 and 12 were proposed as ...

Core Viewpoint - Apollo, a leading private equity firm managing $785 billion in assets, is discontinuing its controversial recruiting practice for the 2027 associate class, which has faced criticism from industry leaders like JPMorgan Chase CEO Jamie Dimon [1][4]. Group 1: Recruitment Changes - Apollo communicated via email that it will not participate in recruiting for the 2027 associate class this year, encouraging candidates to take time to understand the business world and reflect on their career passions [2][8]. - This decision contrasts with the industry norm of "on-cycle" recruiting, where first-year investment bankers compete for future positions shortly after starting their jobs, often leading to stressful situations [3][5]. Group 2: Industry Reactions - JPMorgan recently warned its incoming first-year bankers that accepting pre-dated jobs would result in termination, highlighting a growing concern over the ethics of early recruiting practices [4]. - Apollo's CEO, Marc Rowan, stated that the change aims to improve the quality of recruits and address concerns raised by Wall Street leaders regarding the rushed decision-making process for candidates [5][6]. Group 3: Future Outlook - Rowan emphasized that Apollo is in a strong position to attract talent and that avoiding rushed decisions will help reduce turnover, benefiting both candidates and the firm [7][6].

RT Giacomo Tognini (@giacomotognini)1/Lauren Leichtman spent four decades building a successful private equity firm-Levine Leichtman Capital Partners-with her husband, Arthur Levine. Her latest deal? Buying the National Women's Soccer League's San Diego Wave last October. Read here @Forbes:https://t.co/80scZ7Zg17 ...

Group 1 - The high-yield credit market has largely recovered from the correction experienced in early spring [1] - Junk bond funds (HYG) and (JNK) are now approximately flat on the year [1] - The BBB credit spread has shown signs of stabilization following the market correction [1]

Summary of Key Points Core Viewpoint - NB Private Equity Partners ("NBPE") has announced the buyback of Class A Shares, reflecting its commitment to enhancing shareholder value through share repurchase programs [2][3]. Group 1: Share Buyback Details - The buyback occurred on June 6, 2025, with a total of 3,000 Class A Shares purchased at prices ranging from £14.50 to £14.34 [3]. - Following the buyback, the total number of outstanding Class A Shares will be 45,533,911, with an additional 3,150,408 Class A shares held in treasury [3]. Group 2: Company Overview - NBPE is a closed-end investment company based in Guernsey, focusing on direct private equity investments alongside leading private equity firms globally [4][7]. - The investment manager, NB Alternatives Advisers LLC, is a wholly owned subsidiary of Neuberger Berman Group LLC, which emphasizes fee efficiency by not charging management fees or carried interest to third-party general partners [4]. Group 3: Neuberger Berman Background - Neuberger Berman, founded in 1939, is an independent investment manager with over 2,800 employees managing $515 billion across various asset classes [5]. - The firm has been recognized as one of the best places to work in money management for eleven consecutive years, highlighting its strong employee engagement and management philosophy [5].

Core Viewpoint - The article discusses the precarious state of the U.S. economy, highlighting the impact of fluctuating trade policies and the potential risks that could lead to a recession, despite recent employment growth and stable unemployment rates [1][2]. Group 1: Economic Indicators - In May, the U.S. added 139,000 jobs, with the unemployment rate remaining stable between 4% and 4.2% over the past year [1]. - Consumer debt delinquency rates have been rising for a year, raising concerns about the financial health of low-income borrowers and potential impacts on consumer spending [5]. Group 2: Major Risks - The article identifies three significant risks that could lead to severe consequences for the economy: 1. The fragile balance in the labor market, where companies are hesitant to lay off employees but are also not hiring, which could lead to a sudden spike in unemployment if demand weakens [4][5]. 2. A potential decline in consumer spending due to rising costs, with predictions of a 1% drop in housing prices this year as sellers outnumber buyers by nearly 500,000 [5]. 3. Financial market shocks or sudden shifts in sentiment, with rising long-term borrowing costs potentially affecting stock market performance and corporate profitability [6][7]. Group 3: Corporate Strategies - Companies are adopting various strategies to navigate the uncertain environment, with some choosing to wait and others adjusting supply chains. For instance, some firms are delaying price increases until trade policies stabilize [8]. - The overall sentiment among economists is that the likelihood of a recession has increased compared to earlier in the year, but remains lower than in April and early May [9].

以下文章来源于小贝创投圈 ，作者小贝Edwin 小贝创投圈 . 由资深PE、VC、投行人士发起，通过搭建国内一流创投圈子，培养新一代创投人才的有温度的组织。 近期和一级市场投资的伙伴交流，普遍的反馈是在躺平，特别是市场化的 VC/PE基金。 原因不难理解，甚至问题也是过往十年慢慢积累的，可以说，整个创投行业就在大幅洗牌和重 新梳理阶段。 原因之一，投资人信心严重不足了。 无论是产业方、还是高净值老板和个人，对待长期投资这件事上都几乎到了信心最低点。 国际关系在持续的发酵、国内的内卷趋势在加剧，对微观商业的影响是实实在在的，无论是老 板们还是老百姓都切身感受到了，当年任正非说的 "让寒意传导给每个人"，如今真的实现了。 前几天在给一个大金主家办推荐一个资产，家办负责人的原话是： "除非这个资产打一折，让 老板能捡漏，不然老板绝不会在这个时候出手。" 我和家办老大哥调侃到，起码这位老板还是有意愿的，已经强过 9 0%的老板。很多老板压根真 就躺平了，不然发过去连个声响都没。 我们必须正视现状，在当下，绝对部分个人和企业的长期投资意愿都很弱，这对一级市场在短 期内是极大的弱行情。 原因之二，高收益的资产变得很少。 ...

Core Insights - The private equity industry has experienced a surge in product registrations since 2025, with a total of 4,361 private securities products registered by May 31, marking a significant increase of 45.03% compared to the same period last year [1] - In May alone, the number of registered products reached 870, reflecting a year-on-year growth of 77.19% [1] Strategy Distribution - Equity strategies dominate the market, with 2,749 registered equity strategy products this year, accounting for 63.04% of the total [3] - Multi-asset strategies and futures/derivatives strategies follow, with 646 and 510 registered products respectively, representing 14.81% and 11.69% of the total [3] - In contrast, combination funds and bond strategies have lower market activity, with both categories failing to exceed 200 registered products this year [3] Quantitative Products - Quantitative private equity products have also shown strong performance, with a total of 1,930 registered since 2025, making up 44.26% of all private securities product registrations [3] - Within quantitative products, the majority are focused on equity strategies, with 1,339 registered products, which constitutes 69.38% of the total quantitative product registrations [3] - Futures/derivatives strategies and multi-asset strategies follow, with 299 and 231 registered quantitative products respectively, accounting for 15.49% and 11.97% of the total [3] Detailed Breakdown of Equity Strategies - Within the equity strategy category, the majority of quantitative products are derived from index enhancement strategies (quantitative long equity), with 850 registered products, representing 63.48% of the total registered equity quantitative products [4] - For futures/derivatives strategies, the predominant quantitative products are from the quantitative CTA strategy, with 285 registered products, making up 95.32% of the total registered quantitative products in this category [4]