Bain Capital Launches JB Aircraft Finance, LLC in Partnership with Aviation Experts to Provide Flexible Corporate Jet Financing Solutions

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BainCapital

BOSTON & MIAMI – June 2, 2026 – Bain Capital today announced the launch of JB Aircraft Finance, LLC, a premier corporate jet financing and leasing platform designed to deliver differentiated financing solutions to aircraft owners, operators, OEMs, brokers, and intermediaries. Founded by Bain Capital in partnership with aviation industry experts Thomas Garbaccio and Brickell Asset Management, LLC, JB Aircraft Finance, LLC brings deep aviation experience and disciplined investment expertise to the corporate aircraft market.

Focused on mid-life corporate aircraft, JB Aircraft Finance, LLC provides a comprehensive suite of financing solutions, including operating leases, financial leases, and bespoke financing transactions tailored to the needs of manufacturers, owners, and operators. The global platform is built by an experienced aviation team with demonstrated expertise in aircraft acquisition, financing, leasing, disposition, and portfolio management.

“By tailoring our financing solutions specifically to mid-life aircraft, JB Aircraft Finance, LLC is addressing an underserved segment of the market,” said Thomas Garbaccio, CEO of JB Aircraft Finance, LLC. “Our immediate goal is to steadily grow our aircraft base and continue to build a highly diversified, industry-leading portfolio. By leveraging Bain Capital’s 20+ years of aviation investment experience, along with Brickell Asset Management’s robust operational infrastructure, we are fully equipped to scale with discipline and deliver consistent execution.”

“JB Aircraft Finance, LLC is addressing a clear gap in the corporate aircraft market by providing flexible, asset-backed financing solutions for mid-life aircraft – an area that has been underdeveloped compared to commercial aircraft leasing,” said Matt Evans, Partner at Bain Capital Special Situations. “We look forward to supporting a differentiated platform capable of moving with the speed and certainty that our counterparties require.”

For more information about JB Aircraft Finance, LLC’s tailored financing solutions and responsive execution, reach out directly to Tgarbaccio@jbaircraftfinance.com.

About JB Aircraft Finance, LLC

JB Aircraft Finance, LLC is a premier corporate aircraft financing and leasing platform built to present differentiated financing alternatives to aircraft owners, operators, OEMs, brokers and intermediaries. The platform provides a comprehensive suite of financing and leasing solutions for mid-life corporate aircraft, including operating leases, financial leases, and customized financing tailored to the needs of its customers, such as high-LTV and fleet financing and sale-leasebacks.

About Bain Capital

Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 1,850 employees, and approximately $215 billion in assets under management. To learn more, visit www.baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

About Brickell Asset Management

Brickell Asset Management, LLC is a Miami, Florida-based aerospace company specializing in the acquisition, lease, and sale of commercial aircraft, airframes, engines and parts. Since its founding in 2006, Brickell has established itself as a recognized leader in the provision of aftermarket aviation equipment to airlines, leasing companies, OEMs and MROs.

 Eddie de Sciora

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Novacap Completes Successful Exit from Eddyfi Technologies

Novacap

Novacap, a leading North American private equity firm, today announced the successful completion of the sale of Eddyfi Technologies (“Eddyfi”), previously a division of Previan, to ESAB Corporation (NYSE: ESAB), a global industrial technology leader. The transaction was valued at US$1.45 billion.

Since first partnering with Previan in 2020, Novacap has supported the company’s development into a global provider of advanced non-destructive testing, inspection and integrity management technologies. During the investment period, Novacap worked closely with founder Martin Thériault and the management team to support organic growth, execute strategic acquisitions and scale the platform internationally.

In 2025, following a strategic review, Novacap supported the separation of Previan into two independent platforms – NDT Global and Eddyfi Technologies – enabling each business to pursue distinct growth strategies under dedicated ownership structures. Both companies retained their Quebec City headquarters and operations. As part of that process, Novacap reinvested in NDT Global. The company subsequently completed the acquisition of Entegra, a provider of advanced ultrasonic testing and inspection solutions, while Eddyfi continued to invest in innovation and evaluate strategic alternatives.

Following the closing of the transaction, Eddyfi will form a new, dedicated inspection and monitoring business unit within ESAB, continuing to operate with its current leadership team while expanding ESAB’s capabilities across the fabrication, inspection and monitoring workflow. Eddyfi is expected to continue operating as it does today, and retain its headquarters and workforce in Quebec City as it enters its next stage of growth with access to ESAB’s global scale and resources.

“The separation of Previan into two focused, independent businesses was a deliberate and value-driven decision,” said David Lewin, Lead Senior Partner, Technologies at Novacap. “Eddyfi and NDT Global had reached a level of scale and maturity where each could benefit from tailored ownership and strategic direction. This transaction reflects the strength of Eddyfi’s platform and positions the business for its next phase of growth.”

“This transaction reflects Novacap’s long-standing approach of partnering with entrepreneurs and management teams to build durable, market-leading businesses,” said Pascal Tremblay, President & Chief Executive Officer and Managing Partner, Technologies and Digital Infrastructure at Novacap. “We are pleased to have supported Eddyfi’s development and to see the company enter its next chapter as a new product platform within a global public company while retaining its headquarters and talent base in Quebec City.”

“Novacap has been a strong and constructive partner throughout this journey,” said Martin Thériault, Chairman and founder of Eddyfi and CEO of NDT Global. “Their support helped us scale the business, strengthen our technology platform and prepare Eddyfi for this next stage of growth, with a long-term partner, while staying true to our culture and long-term vision.”

Goldman Sachs & Co. LLC and EC M&A acted as financial advisors to Eddyfi Technologies, and McCarthy Tétrault LLP acted as legal advisor. Blake, Cassels & Graydon LLP acted as legal advisor to Novacap in connection with the transaction.

About Eddyfi Technologies
Eddyfi Technologies is a global leader in advanced non-destructive testing instrumentation, providing inspection technologies to assess structural integrity of critical assets. Eddyfi offers a broad and integrated range of capabilities, including test & measurement instrumentation, advanced sensing, automated remote monitoring, robotics, and software across key industries such as nuclear power generation, aerospace, defense, civil infrastructure, oil & gas, transportation and more. Headquartered in Québec (Canada), with a global footprint, world class R&D capabilities, and deep domain expertise, Eddyfi Technologies serves customers in more than 110 countries and empowers them to enhance safety and productivity, protect the environment and save lives. The company employs more than 1,000 people. Learn more at www.eddyfi.com and http://www.eddyfitechnologies.com.

About Novacap
Novacap is a leading North American private equity investor and one of Canada’s most experienced private equity firms. Founded in 1981 to partner with visionary entrepreneurs, Novacap focuses on control buyouts of middle market and lower-middle market companies across four core strategies: Technologies, Digital Infrastructure, Industries and Financial Services. Since its inception, the firm has made primary and add-on investments in more than 250 companies. With over US$12 billion in assets under management and offices in Montreal, Toronto and New York, Novacap accelerates value creation through strategic growth initiatives and a strong focus on execution. Learn more at http://www.novacapcorp.com.

 

 

 

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EQT Real Estate sets target fund size for EQT Exeter Industrial Value Fund VII at USD 6 billion

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EQT Real Estate has set the target size for EQT Exeter Industrial Value Fund VII (or the “Fund”) at USD 6 billion. The actual fund size is dependent on the outcome of the fundraising process and may be higher or lower than the target size. The Fund’s investment strategy and commercial terms are expected to be materially in line with the predecessor fund, EQT Exeter Industrial Value Fund VI.

The predecessor fund, EQT Exeter Industrial Value Fund VI, is as of today approximately 80 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication). Management fees for EQT Exeter Industrial Value Fund VII may be charged on committed capital from the initial closing of the Fund (or a later date designated by EQT in its reasonable discretion). Following the commitment period, management fees on the Fund will be based on net invested capital. 

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15 
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334 

 

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About EQT Real Estate
EQT is a purpose-driven global investment organization with EUR 269 billion in total assets under management (EUR 142 billion in fee-generating assets under management) as of 31 March 2026, divided into two business segments: Private Capital and Real Assets. EQT supports its global portfolio companies and assets in achieving sustainable growth, operational excellence, and market leadership. Within EQT’s Real Assets segment, EQT Real Estate acquires, develops, leases, and manages logistics and residential properties in the Americas, Europe, and Asia. EQT Real Estate manages about $59 billion in GAV, owns and operates over 2,000 properties and 450 million square feet, with over 400 experienced professionals across 50 locations globally. 

More info: www.eqtgroup.com
Follow EQT Real Estate on LinkedIn 

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Ardian and Verne announce digital infrastructure hub in Île-de-France to support European industrial capabilities at Choose France

Ardian

New campus with target capacity of 500 MW to accelerate development of Europe’s large-scale sovereign computing and AI capabilities representing an investment of up to €5bn
• Ardian and Verne combine investment capabilities, expertise in strategic infrastructure, and recognized know-how in low-carbon computing power to develop a leading European campus
• In close collaboration with local stakeholders the hub has been designed as a unique hub gathering an ecosystem of leading industrial, energy, technology, and academic partners fostering strategic infrastructure for European digital and industrial sovereignty

Ardian, a global private investment firm, and its portfolio company Verne, a leading European platform in low-carbon and high-performance computing infrastructure, announce at the Choose France conference their plans to develop a next-generation digital infrastructure campus in the Île-de-France region.

AI hub to support European sovereignty
Designed as a unique visionary campus, the project aims to provide France and Europe more widely with low-carbon industrial computing resources to support the growth of artificial intelligence.
The large-scale platform, located within one of France’s largest industrial hubs, will house a data center dedicated to notably high-performance computing (HPC), AI model training, and advanced industrial applications. The project represents an investment of up to EUR 5 billion, with a target capacity of 500 MW including an initial phase of approximately 200+ MW by 2030.
The hub will rely on France’s high-capacity energy infrastructure, powered by low-carbon electricity in close collaboration with RTE and the EDF Group.
The hub will be part of the sites supporting the AION consortium’s bid for a French Gigafactory as part of the European Union’s AI Gigafactories initiative.

French campus at the heart of a leading industrial ecosystem
The hub will cover the entire AI value chain, from computing power to industrial applications such as research, healthcare, finance, and energy. Verne will draw on its experience in low-carbon data centers in Northern Europe to design and operate a high-performance platform tailored to the most demanding environmental requirements.
The site will be developed in close collaboration with government agencies, the region, local public entities, and major French industrial and financial groups, including the Bouygues Group and Crédit Agricole. The platform also aims to secure major technological, industrial, and academic partners as part of its rollout phase.
Ardian and Verne intend to build an ecosystem that brings together infrastructure operators, energy companies, digital technology firms, research centers, and higher education institutions to develop expertise and accelerate innovation in AI. Hundreds of direct and indirect jobs will be created across the entire value chain, from construction to operations.

Ardian’s integrated infrastructure strategy in action
Ardian’s infrastructure strategy invests in verticals that form the backbone of Europe’s economy, including digital infrastructure, energy and transport.
A dual commitment to digital and energy infrastructure underscores Ardian’s vision that the sustainable scaling of high-performance computing can only be achieved through a coordinated and global approach that aligns growth in computing demand with clean and reliable energy generation at scale. Through other Ardian controlled French platforms in its portfolio, including Akuo (a global renewable energy player) and GreenYellow (a French pioneer in decentralized renewable energy and energy efficiency solutions), Ardian is separately investing up to €3 billion in new French energy infrastructure, representing 2.5 GW of renewable energy capacity in the grid by 2030.

“Ardian’s strategy of investing in both essential digital and energy infrastructure is aligned with the European needs to strengthen its strategic capabilities and accelerate its progress toward digital sovereignty. It perfectly demonstrates Ardian visionary approach by committing simultaneously €3bn in new renewable energy investment in France representing the same baseload consumption of new digital infrastructure development. By bringing together our industrial and financial knowledge with an ecosystem of leading French industrial partners, our ambition is to build a benchmark platform in the Île-de-France region gathering digital, industrial and research serving Europe.” Mathias Burghardt, Executive President of Ardian and CEO of Ardian France

“This project marks a strategic milestone in Verne’s development as a leading European platform for digital infrastructure dedicated to artificial intelligence and high-performance computing. It illustrates our ambition to establish infrastructure in France capable of meeting the needs of major European industrial and technology players. We are building competitive and sustainable European AI backbone of our economy.” Dominic Ward and Roland Chedvili, CEO of Verne and Managing Director of Verne France

About Ardian

In a world of constant evolution, Ardian stands out for its ability to anticipate, adapt, and turn challenges into opportunities. As a global, diversified private markets firm with 22 offices and more than 350 investment professionals worldwide, we provide investment and customized solutions that reflect new economic dynamics and help our clients remain resilient in a changing world.
We deliver multi-local expertise and long-term performance for our investors and partners as well as shared value for the broader society. Since Ardian’s inception in 1996, our pioneering approach to diversification and our ability to offer tailor-made solutions at scale have remained the heart of our strategy.
Through commitment, knowledge and technology, we bring lasting value to our companies and contribute positively to the whole industry.
Ardian currently manages or advises $200bn for more than 1,920 clients worldwide across Private Equity, Real Assets, and Credit.
Ardian. Mastering change for lasting value.

About Verne

Verne is a leading Nordic provider of low-carbon, high-density data centers with environmental responsibility at its core. Verne designs, develops and operates scalable digital infrastructure in optimal locations, supporting the AI journey for hyperscalers, neoclouds and enterprises. Backed by Ardian since 2024, a leading global diversified private markets firm, Verne is accelerating its expansion throughout the Nordics and Northern Europe.

Press contact

Ardian

HEADLAND CONSULTANCY

ardian@headlandconsultancy.com

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WWEX Group and Auctane Complete Merger, Creating Leading Logistics Provider ShipStation Global

Thomabravo

DALLAS & AUSTIN, Texas–WWEX Group, a leading third-party logistics provider of parcel and freight services, and Auctane, a global technology company known for products including ShipStation, Stamps.com, Metapack, and Packlink, today announced the successful completion of their merger. The combined company will operate as ShipStation Global and is backed by Thoma Bravo, the world’s largest software-focused investment firm. CVC Funds and other existing WWEX Group investors retain a significant minority stake in the combined company.

The merger unites WWEX Group’s freight brokerage platform and network of more than 2,300 sales professionals with Auctane’s AI-powered shipping software, global carrier connectivity, and automation capabilities. Together, the combined company gives growing businesses the operational power, technology, relationships, and scale that have historically been accessible only to the largest players in the industry.

“Small and mid-sized businesses have been forced to stitch together multiple tools and relationships just to keep up,” said Tom Madine, CEO of ShipStation Global. “ShipStation Global changes that. We’re combining the best AI-powered shipping software in the market with one of the country’s most powerful freight networks — and we’re building it specifically for the businesses that need it most. Today is the start of something that’s been a long time coming.”

Setting a New Standard for Logistics

The logistics industry is at an inflection point. As technology advances and supply chains grow more complex, the gap between large enterprises and growing businesses continues to widen. ShipStation Global was built to close that gap by giving small and mid-sized businesses the data, intelligent automation, and expert support they need to remain nimble and unlock value across the entire supply chain.

ShipStation Global serves more than 3 million customers and moves over 3 billion shipments per year, leveraging a partner network of more than 75 less-than-truckload (LTL) carriers; 350 regional, national, and international carriers; 600 technology partners; and 45,000 truckload carriers. The Company connects logistics across parcel, LTL, truckload, and global shipping all in a single, integrated platform.

“The combination of Auctane and WWEX Group comes at a pivotal moment, as AI fundamentally changes the way organizations are able to manage their shipping and logistics operations,” said Brian Jaffee, a Partner at Thoma Bravo. “ShipStation Global brings together AI-powered shipping software and best-in-class freight and parcel services in a way that gives businesses of every size the tools and scale to compete. We are excited to support the ShipStation Global team as they build the category-defining, intelligent platform for modern logistics.”

“We are thrilled to continue our journey with WWEX Group as part of this new, expanded platform,” said Aaron Dupuis, a Managing Partner at CVC. “By uniting WWEX Group’s commercial engine with Auctane’s global software footprint, we are creating a company with the reach, technology, and talent to deliver real results for customers — and we look forward to supporting ShipStation Global’s next chapter of growth.”

ShipStation Global’s portfolio includes ShipStation, Stamps.com, Metapack, Packlink, Worldwide Express, GlobalTranz, Unishippers, JEAR Logistics, and BLX Logistics. The Company will be based in Texas, with offices in Dallas and Austin.

Kirkland & Ellis LLP served as legal advisor to Thoma Bravo and Auctane. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC served as joint lead financial advisors to WWEX Group. Goldman Sachs & Co. LLC and UBS Investment Bank also acted as financial advisors to WWEX Group. Latham & Watkins LLP served as legal advisor to CVC and WWEX Group.

About ShipStation Global

ShipStation Global is the #1 intelligent logistics platform for small and mid-sized shippers. We power millions of businesses and billions of shipments annually — giving growing companies the scale, technology, and expert support they need to use logistics as a competitive advantage. We operate a portfolio of trusted brands across shipping, freight, and fulfillment, with a commitment to building the most comprehensive end-to-end logistics platform in the market. Because when logistics works, businesses win. ShipStation Global brands include ShipStation, Stamps.com, Worldwide Express, GlobalTranz, Metapack, Packlink, Unishippers, JEAR Logistics, and BLX Logistics. Learn more at www.shipstationglobal.com.

About Thoma Bravo

Thoma Bravo is the world’s largest software-focused investment firm, with more than $172 billion in assets under management as of March 31, 2026. Partnering with some of the world’s most sophisticated investors, Thoma Bravo’s private equity and private credit platforms reflect a focused investment strategy, supported by disciplined execution, deep sector expertise and leadership continuity. Over the past 20-plus years, Thoma Bravo has acquired or invested in approximately 590 software and technology companies, representing approximately $320 billion of aggregate enterprise value (including control and non-control investments, as well as add-on acquisitions). Learn more at thomabravo.com and on LinkedIn.

About CVC

CVC is a leading global private markets manager with a strong presence across private equity, secondaries, credit, and infrastructure. CVC Capital Partners Fund VIII was among the consortium of investors from which Thoma Bravo acquired WWEX Group, and CVC Funds retain a significant minority stake in ShipStation Global. Learn more at cvc.com.

Contacts

For ShipStation Global

Emilie Bingham

media@shipstation.com

For Thoma Bravo

Megan Frank

+1 212-731-4778

mfrank@thomabravo.com

FGS Global

Akash Lodh

+1 202-758-4263

ThomaBravo-US@fgsglobal.com

For CVC

Nick Board

Director, Communications

nboard@cvc.com

Read the release on Business Wire here.

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CVC Capital Partners completes the sale of leading personal care business FineToday to Bain Capital

CVC Capital Partners

CVC Capital Partners and Bain Capital today announced the completion of Bain Capital’s acquisition of 100% of the outstanding shares of FineToday Holdings Co., Ltd. (“FineToday”) from majority shareholder CVC Asia Fund V (“CVC Asia V”) and other shareholders.

FineToday is a market-leading personal care and beauty company with a strong portfolio of brands, many of them household names, including hair care products TSUBAKI, fino, and the recently launched +tmr, skin care brands SENKA and uno, and body care labels Ag DEO 24 and KUYURA. FineToday has a strong presence in Japan and has expanded its footprint across key Asian markets including China and Southeast Asia.

In 2021, CVC Asia V successfully completed the carve-out of FineToday from Shiseido on a bilateral basis. Since then, under CVC Asia V’s ownership, FineToday has successfully transformed into an established standalone business. Led by a first-class management team, FineToday has accelerated product innovation and expanded its international sales footprint through strong growth in Southeast Asia and beyond.

Tetsuo Komori, CEO of FineToday, said: “We are delighted to welcome Bain Capital as a new shareholder and strategic partner. We are extremely grateful to CVC, which has been a dedicated and valued partner since its investment in our business in 2021. Since our founding, we have pursued both business growth and global sustainability driven by a cultivated sense of aesthetics. With Bain Capital as our partner, we will receive strong support in realizing our dual management approach, benefiting from their insights on enhancing corporate value from a medium- to long-term perspective. Through this partnership, we will continue to deliver sustainable economic and social value to all our stakeholders.”

Quotes

It has been a privilege to support the business from its establishment as an independent company through to its current position on a strong growth trajectory

Atsushi AkaikeManaging Partner at CVC and Co-Head of CVC Japan

 Atsushi Akaike, Managing Partner at CVC and Co-Head of CVC Japan, said: “We are delighted to see FineToday taking this important step toward its next phase of growth. It has been a privilege to support the business from its establishment as an independent company through to its current position on a strong growth trajectory. We are proud of what the FineToday team have built and have full confidence that they will achieve even greater success with Bain Capital. We wish the company continued growth and prosperity.”

Naofumi Nishi, Partner at Bain Capital, said: “We are very pleased to have completed the acquisition of all shares of FineToday. Leveraging our experience and expertise in the retail and consumer sectors, Bain Capital is fully committed to supporting FineToday’s continued growth — a company with a strong and unwavering presence in the personal beauty care market across Japan and Asia.”

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Carlyle Appoints Kate Heinzelman as General Counsel

Carlyle

Washington, D.C. and New York, NY, June 1, 2026 – Global investment firm Carlyle (NASDAQ: CG) today announced that Kate Heinzelman will join the firm as General Counsel effective June 29, 2026. Heinzelman will report directly to Chief Executive Officer Harvey Schwartz and will oversee Carlyle’s global legal and compliance organization.

Heinzelman is an accomplished legal and strategic advisor with experience in both the public and private sectors. From 2022 to 2025, she served as General Counsel of the Central Intelligence Agency, where she was the agency’s chief legal officer. Prior to the CIA, Heinzelman served as Chief Counselor to the U.S. Attorney General at the Department of Justice and held senior roles in government and private practice, including as Partner at Sidley Austin LLP, Deputy General Counsel at the U.S. Department of Health & Human Services and Associate Counsel to the President in the White House Counsel’s Office.

Harvey Schwartz, Chief Executive Officer of Carlyle, said, “Kate is a world-class legal leader whose work at senior levels of government, breadth of experience, and ability to advise through highly complex, mission-critical situations make her exceptionally well suited for this role. She brings extraordinary judgment, leadership and strategic perspective, and she will be an outstanding partner to our leadership team as we continue to drive long-term growth.”

Kate Heinzelman said, “I’m honored to join Carlyle and excited to partner with the firm’s exceptional leadership and talented teams around the world. Carlyle has built a leading global platform with a strong culture and reputation, and I look forward to helping the firm navigate the dynamic legal and regulatory landscape while supporting its continued growth and evolution.”

As previously announced, Jeffrey Ferguson, who has served as Carlyle’s General Counsel since 1999, will transition to a Senior Advisor role effective June 29, 2026. As a Senior Advisor, Ferguson will support the leadership transition and continue advising the firm on strategic matters.

Schwartz continued, “Jeff has played a defining role in shaping Carlyle’s legal, governance and compliance framework over more than 25 years. We are grateful for his leadership and many contributions to the firm, and we look forward to continuing to work closely with him during this transition.”

About Kate Heinzelman

Kate Heinzelman will join Carlyle as General Counsel effective June 29, 2026, and will be based in Washington, D.C.

Heinzelman served as General Counsel of the Central Intelligence Agency from July 2022 to January 2025, where she oversaw legal advice across Agency operations, advised senior leadership, and managed the legal workforce. Prior to the CIA, Heinzelman served as Chief Counselor to the U.S. Attorney General at the Department of Justice and previously held senior roles in government and private practice, including as Partner at Sidley Austin LLP, Deputy General Counsel at the U.S. Department of Health & Human Services and Associate Counsel to the President in the White House Counsel’s Office.

She has also served as a visiting lecturer at both Harvard Law School and Yale Law School.

Heinzelman received her J.D. from Yale Law School and her B.A., summa cum laude, from Yale University.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $475 billion of assets under management as of March 31, 2026, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,500 people in 28 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

Media

Brittany Bensaull

+1 (212) 813-4839

brittany.bensaull@carlyle.com

 

Public Investor Relations

Daniel Harris

+1 (212) 813-4527

daniel.harris@carlyle.com

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to our expectations, estimates, beliefs, projections, future plans and strategies, anticipated events or trends, and similar expressions and statements that are not historical facts, including our expectations regarding the performance of our business, our financial results, our liquidity and capital resources, contingencies, and our dividend policy. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks, uncertainties, and assumptions. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements including, but not limited to, those described in this press release and under the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (“SEC”) on February 27, 2026, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our other periodic filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments, or otherwise, except as required by applicable law.

 

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EQT sets target fund size for EQT Infrastructure VII at EUR 21 billion

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Infra VII

THIS IS INFORMATION THAT EQT AB (PUBL) IS OBLIGED TO MAKE PUBLIC PURSUANT TO THE EU MARKET ABUSE REGULATION. THE INFORMATION WAS SUBMITTED FOR PUBLICATION, THROUGH THE AGENCY OF THE CONTACT PERSON SET OUT BELOW AT 19:30 CET ON 31 MAY 2026.

EQT sets target fund size for EQT Infrastructure VII at EUR 21 billion

EQT has today set the target size for the EQT Infrastructure VII fund at EUR 21 billion, corresponding to approximately USD 24.5 billion1. The actual fund size is dependent on the outcome of the fundraising process and may be higher or lower than the target size; the hard cap of the fund will be set at a later date. The EQT Infrastructure VII fund’s investment strategy is expected to be materially in line with the predecessor fund EQT Infrastructure VI.

To ensure continuity between two fund generations, EQT’s capital raisings usually follow a cycle with successor funds targeted to be in a position to commence investment activities when the predecessor fund is close to being fully invested. This means that the commitment period of the predecessor fund typically ends when approximately 80 to 90 percent of its total commitments are invested, with remaining commitments being available primarily for add-on acquisitions and strategic capital injections as well as for ongoing expenses. 

Management fees for the EQT Infrastructure VII fund may be charged from the earlier of (i) the date of signing of its first investment; or (ii) the date of termination of the commitment period of the EQT Infrastructure VI fund. Management fees on the EQT Infrastructure VI fund will thereafter be based on net invested capital.

Contact
Olof Svensson, Head of Shareholder Relations
EQT Press Office, press@eqtpartners.com

The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of EQT Infrastructure VII will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America.  Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration.

1. Based on EUR to USD FX rate per ECB 29 May 2026.

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About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of more than three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT has EUR 269 billion in total assets under management (EUR 142 billion in fee-generating assets under management) as of 31 March 2026, within two business segments – Private Capital and Real Assets.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in more than 25 countries across Europe, Asia and the Americas and has more than 1,900 employees.

More info: www.eqtgroup.com

Follow EQT on LinkedInTwitterYouTube and Instagra

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IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC

CVC Capital Partners

IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients, and health and biosciences, today announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that values the business at approximately $4.3 billion, representing an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF has chosen to retain an approximately 10% minority equity interest in the business, or approximately $200 million, permitting continued collaboration and cooperation between IFF and Food Ingredients and allowing IFF and its shareholders to participate in future value creation under its new ownership.

The transaction marks a significant step in IFF’s portfolio transformation and is expected to strengthen the company’s focus on its innovation-driven businesses: Taste, Scent, and Health & Biosciences. Following the transaction, IFF will be a more focused company with improved cash flow characteristics, greater financial flexibility, and a stronger position to achieve its growth and profitability objectives.

“This transaction represents an important strategic milestone in our ongoing portfolio optimization initiative, allowing us to further concentrate resources on our higher-growth, higher-margin segments,” said Erik Fyrwald, CEO of IFF. “By simplifying our portfolio to where we can create the greatest value, IFF will accelerate innovation, drive investment in R&D, and further integrate our biotechnology and naturals capabilities more effectively across our global platform. Importantly, by retaining a minority stake in Food Ingredients, we will continue to participate in the future upside of a strong business under dedicated ownership. This transaction creates substantial value for shareholders while positioning IFF to drive sustained, profitable long-term growth.”

IFF’s Food Ingredients business is a globally recognized leader in texturants, emulsifiers, plant-based solutions, and other specialty ingredients serving multinational food and beverage customers. In 2025, the Food Ingredients business that will be divested generated nearly $3.1 billion in annual sales and approximately $430 million of EBITDA.

“We are proud of the strong market positions, customer relationships, and talented team that have made Food Ingredients a strong business,” Fyrwald added. “We are confident CVC is the right owner for its next chapter and that this transaction creates significant value for IFF shareholders while giving Food Ingredients an excellent platform for future success.”

Quotes

We are delighted to welcome IFF’s Food Ingredients business to CVC’s U.S. portfolio. Its global reach and proprietary technical capabilities provide a clear competitive advantage, and we see significant opportunity for continued growth.

Lorne SomervilleManaging Partner and Co-Head of North American Private Equity at CVC

“We are delighted to welcome IFF’s Food Ingredients business to CVC’s U.S. portfolio,” said Lorne Somerville, managing partner and co-head of North American private equity at CVC. “The business has built a strong position in an attractive, resilient sector supported by long-term growth trends, including increasing global food consumption and demand for clean-label products. Its global reach and proprietary technical capabilities provide a clear competitive advantage, and we see significant opportunity for continued growth.”

James Christopoulos, partner at CVC, added: “The Food Ingredients management team has done an exceptional job building a business with meaningful scale and technical depth. We look forward to partnering with the team and with IFF as co-shareholders to accelerate the next phase of growth through scale and commercial expansion.”

“Leveraging the broad technology portfolio of IFF Food Ingredients with strong application-focused development capabilities is incredibly exciting for us and will enable the business to provide customers around the globe with differentiating solutions tailored to their needs across all categories of today’s food production.” said Dr. Thomas Schneider, Managing Director at CVC.

White & Case and Citibank served as advisers on this transaction.

The full release is available here.

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CVC Capital Partners IX agrees to invest in Public Power Corporation

CVC Capital Partners

CVC Capital Partners is pleased to announce CVC Capital Partners IX (“Fund IX”) has agreed to invest in Public Power Corporation S.A. (“PPC”), Greece’s largest renewables-focused and vertically-integrated utility, which is listed on the Euronext Athens Stock Exchange. Fund IX is participating as the sole cornerstone investor alongside the Greek State in PPC’s €4.25bn Share Capital Increase.

PPC operates across electricity generation and distribution, alongside the sale of energy products and services in Greece and Romania, while continuing to expand its renewable energy presence in Italy, Bulgaria and Croatia. The Group has a total installed capacity of 12.4GW,  including 7.2GW in renewables (“RES”). PPC is also the sole distribution network operator in Greece and second largest in Romania with a combined regulated asset base of  €5.7bn. The Group serves ~8.6m retail customers across Greece and Romania.

PPC is evolving into a leading clean power-tech and critical infrastructure operator in Central & South East Europe through an announced ~€24bn 5-year investment plan. This plan includes doubling installed capacity to 24.3 GW by 2030 mainly through RES and flexible generation, expanding and modernizing its electricity distribution networks, and providing data centre infrastructure with a 300MW facility by 2028.

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