Madeline Shi

2 days ago | pitchbook.com | Madeline Shi |Janelle Bradley

The US and China inked a deal over the weekend to pause their steep reciprocal tariffs for 90 days, a move that buoyed financial markets and sent global stocks rallying on Monday. However, the private equity industry remained more reserved in response to the temporary truce. The 90-day framework stipulates that the US will drop the 145% tariff imposed in April to 30%, while China will lower its tariffs on US imports from 125% to 10%.

1 week ago | pitchbook.com | Madeline Shi

KKR is actively seizing buying opportunities and increasing its exposure overseas while the US battles trade tensions and economic uncertainty. The asset manager has deployed more than $30 billion in private markets year-to-date, including over $10 billion invested in the four weeks following the announcement of new tariffs—a move attributed during Thursday’s earnings call to the company’s strategy to “play offense” despite the volatility.

2 weeks ago | pitchbook.com | Madeline Shi

For over a century, Capezio has woven itself into the lives of generations of ballerinas—dressing dancers from their first plié to their final bows. On April 21, the 138-year-old dancewear-maker embraced its first institutional backer—Argand Partners, a middle-market private equity firm based in New York.

2 weeks ago | pitchbook.com | Madeline Shi

Private capital executives and dealmakers say M&A is on hold due to shifting tariff policies and other market uncertainties, which are hobbling their ability to value and fund deals. Yet, in the past few weeks, I have seen no shortage of outsized transactions commanding attention. Global Payments, for instance, announced a $24.25 billion acquisition of Worldpay, where GTCR holds a majority stake.

2 weeks ago | pitchbook.com | Madeline Shi

Mubadala, the investment arm of Abu Dhabi’s sovereign wealth fund, is sinking its teeth deeper into the private credit market—this time, by leveraging its strategic stake in Fortress, a well-versed credit investor. Mubadala said Thursday it signed a strategic partnership with Fortress to deploy $1 billion in private credit, asset-based lending and real estate strategies, managed by the credit specialist. The team-up follows the sovereign wealth fund’s earlier investment in Fortress.