Ai
61 stories covering ai — fund closes, LP allocations, regulatory filings, deal flow, and fundraising signals from PipelineRoad's editorial team.
Blue Owl Capital Raises $400m in BDC Bond Deal
Blue Owl Capital has raised $400 million through a bond issuance from its BDC, OBDC, amid volatility in the private credit sector, according to a report.
Blue Owl Capital Raises $400m Through OBDC Bond Issuance
Blue Owl Capital has raised $400m in a bond deal from its BDC, OBDC, amid private credit sector volatility, according to a report.
Thoma Bravo Merges HCSS with Nemetschek's Build & Construct Division
Thoma Bravo has agreed to merge its portfolio company HCSS with Nemetschek's Build & Construct division to form a global construction software platform, with the deal set to close in the second half o
26North Raises Nearly $6bn for Debut Buyout Fund in US Record
26North Partners, led by Josh Harris, secured nearly $6bn for its first private equity fund, exceeding a $4bn target and marking the largest US first-time buyout.
26North Raises $6bn for Debut Buyout Fund, Sets US Record
26North Partners, led by Josh Harris, has closed its inaugural private equity fund at nearly $6bn, exceeding a $4bn target and marking the largest first-time buyout fund in US history.
Commvault Explores Sale with Private Equity Interest
Data protection firm Commvault is evaluating a potential sale amid interest from suitors like Thoma Bravo, according to a report.
Commvault Systems Explores Sale with Private Equity Interest
Data protection firm Commvault is evaluating a potential sale after receiving interest from suitors like Thoma Bravo, as reported by Reuters.
Carlyle Limits Withdrawals from $7bn Tactical Private Credit Fund
Carlyle capped withdrawals at 5% for its $7bn Tactical Private Credit Fund after requests reached 15.7% of shares, amid broader market pressures.
Carlyle Limits Withdrawals from $7bn Private Credit Fund Amid Redemption Surge
Carlyle caps withdrawals at 5% for its $7bn Tactical Private Credit Fund after requests reached 15.7% of shares, according to a report cited by Private Equity Wire.
North American Pensions Maintain Private Credit Allocations Despite Market Strains
Large North American pension funds, including CalSTRS, are holding firm on private credit investments amid sector challenges, according to a report.
General Atlantic Completes $3bn Acquisition of Team Services
General Atlantic has closed its acquisition of Team Services from Alpine Investors for approximately $3bn, including debt, as reported by Private Equity Wire.
Blackstone's Baratta: Cooling Middle East Tensions May Revive PE Deals in 2026
Joe Baratta of Blackstone suggests that de-escalating Middle East tensions could boost private equity dealmaking by 2026, amid influences from AI and market volatility.
Blackstone's Baratta Says Cooling Middle East Tensions May Boost PE Deals in 2026
Joe Baratta of Blackstone indicates that easing Middle East tensions could revive private equity dealmaking by 2026 amid recent investor uncertainty.
RBC Leads $1.1bn Loan for ECP's EnergySolutions Acquisition
Royal Bank of Canada heads a $1.1bn loan to finance Energy Capital Partners' re-acquisition of nuclear services firm EnergySolutions.
Global Private Equity Buyouts Decline in Q1 2026
Private equity buyout activity dropped to $172 billion in the first quarter of 2026, marking a 36% decline from the previous quarter, amid market uncertainties.
North America Q1 2026 Funding Hits Record $252.6 Billion
U.S. and Canadian companies raised $252.6 billion in venture funding during Q1 2026, driven by AI and surpassing all previous quarterly records.
Lead Edge's Seventh Fund to Explore Secondaries Strategies Amid AI Shifts
Growth investor Lead Edge plans for its seventh fund to invest in various secondaries strategies, as reported in a recent article.
Lead Edge's Seventh Fund to Tap Secondaries Amid AI Shifts
Growth investor Lead Edge's seventh fund may invest in various secondaries strategies as AI influences the market, according to a recent report.
Florida SBA Nears AI Vendor Selection for Private Markets Data Workflow
Florida's State Board of Administration is approaching the selection of an AI vendor to streamline data processes for private markets, as per Venture Capital Journal.
Florida SBA Nears AI Vendor Selection for Private Markets Workflow
Florida's State Board of Administration is approaching the selection of an AI vendor to streamline data workflows in private markets, according to a recent report.
Florida SBA Nears AI Vendor Selection for Private Markets
Florida's State Board of Administration is approaching the choice of an AI vendor to improve data workflows in private markets, according to Venture Capital Journal.
Private Equity Exits Decline in Early 2026 Due to AI Volatility and Geopolitical Tensions
Private equity firms reduced asset sales by 36% in Q1 2026 amid AI-driven market volatility and conflicts involving Iran, according to a report.
US Treasury to Hold Discussions on Private Credit Risks
The US Treasury is convening regulators to assess vulnerabilities in private credit markets following recent sector turbulence.
US Treasury to Hold Meetings on Private Credit Risks
The US Treasury is convening regulators to assess vulnerabilities in private credit markets amid recent sector turbulence.
PE-Owned Companies Borrowed $94bn in 2025 for Payouts
US private equity-backed firms raised $94 billion in loans and bonds last year to fund sponsor payouts, amid growing recapitalisation trends, according to a report.
Congress Inquires into Private Credit Operations of Firms Like Blackstone and Ares
Democratic members of the House Financial Services Committee have sent inquiries to major private credit managers including Blackstone, Ares, and KKR about their fund operations.
Type One Ventures Opens Office in Japan for Space Tech Opportunities
US VC firm Type One Ventures is expanding to Japan to build relationships with corporates benefiting from a $6.7 billion space fund commitment.
US Army selects Carlyle and KKR for $2bn AI data centres
The US Army has chosen Carlyle Group and KKR to develop two AI-focused data centres valued at roughly $2bn each in Texas and Utah, according to a report.
Permira Explores Distressed Software Loans Amid AI Volatility
Permira, a global private equity firm, is targeting software loans affected by AI fears, according to a report by Private Equity Wire.
Permira Explores Distressed Software Loans Amid AI Market Fears
Permira, a €85bn global private equity firm, targets software loans affected by AI disruption, as reported by Private Equity Wire.
Kleiner Perkins Raises $1 Billion Early-Stage and $2.5 Billion Growth Funds for AI
Kleiner Perkins announced a $1 billion early-stage fund and $2.5 billion for growth funds, both emphasizing AI investments, as reported by Venture Capital Journal.
Kleiner Perkins Raises $1B Early-Stage and $2.5B Growth Funds for AI
Kleiner Perkins, a storied venture firm, raised $1 billion for an early-stage fund and $2.5 billion for growth funds betting on AI, as reported on March 25, 2026.
OpenAI's 2026 Acquisitions Approach 2025 Levels
OpenAI has made six acquisitions in 2026, nearly matching the eight it completed in 2025, as it expands in AI through M&A.
Kleiner Perkins Raises $3.5bn for AI-Focused Funds
Venture firm Kleiner Perkins has raised $3.5bn to invest in AI-driven companies, with allocations for early-stage and growth-stage funds, according to Private Equity Wire.
Kleiner Perkins Raises $3.5 Billion for AI-Focused Funds
Venture firm Kleiner Perkins has raised $3.5 billion across new funds emphasizing AI, including $1 billion for early-stage and $2.5 billion for growth-stage investments.
Lead Edge Capital Raises $3.5 Billion for Seventh Flagship Fund
Lead Edge Capital has raised $3.5 billion for its latest fund, focusing on software and technology investments despite sector volatility, according to Private Equity Wire.
Yatiri Bio Secures Exclusive Option for Denfivontinib Licensing from Oscotec
Yatiri Bio announced an exclusive global option to license denfivontinib from Oscotec for AML treatment, utilizing its AI-driven platform.
Apollo Limits Withdrawals from $25bn Private Credit Fund Amid High Redemption Requests
Apollo Global Management caps redemptions at 5% for its $25bn Apollo Debt Solutions fund after requests exceeded 11.2%, according to a report.
JPMorgan and Goldman Offer Tools for Hedge Funds to Short Private Credit
JPMorgan and Goldman Sachs are providing hedge funds with baskets to bet against the $1.8 trillion private credit market, amid market pressures.
JPMorgan and Goldman Offer Tools to Short $1.8tn Private Credit Market
JPMorgan and Goldman Sachs are providing hedge funds with baskets to bet against the $1.8 trillion private credit sector, amid market pressures.
Red Light Holland Engages Kala Bio’s AI for PEX010 Psilocybin Development
Red Light Holland has engaged Kala Bio’s Researgency.ai platform to advance the clinical development of Filament’s PEX010 botanical psilocybin drug candidate, as per a March 18, 2026 announcement.
OpenAI Explores $10bn Private Equity Joint Venture
OpenAI is in advanced talks with private equity firms for a joint venture to accelerate AI software adoption among enterprises, potentially valued at $10bn.
OpenAI in Talks for $10bn Joint Venture with Private Equity Firms
OpenAI is exploring a $10bn joint venture with private equity firms to accelerate AI adoption in enterprises, according to a report.
Morgan Stanley Forecasts 8% Default Rise in Private Credit
Morgan Stanley expects default rates in direct lending to reach around 8%, partly due to AI-related pressures on software companies.
Morgan Stanley Forecasts 8% Rise in Private Credit Defaults
Morgan Stanley expects private credit default rates to reach around 8%, driven by pressures on software companies from AI disruption and high leverage.
Goldman Sachs AM Plans $13bn Raise for GS Mezzanine Partners IX
Goldman Sachs Asset Management is seeking to raise about $13bn for its ninth mezzanine debt fund targeting private equity-backed companies in North America and Europe, according to a report.
Hale Capital Acquires APEX Analytics in Real Estate Tech Deal
Hale Capital Management, a New York-based private equity firm, completed the acquisition of APEX Analytics through a restructuring on March 13, 2026, expanding its investments in real estate technolog
Apex Survey: 85% of Private Credit Firms Embed AI in Operations
A survey of 105 senior leaders reveals 85% have fully integrated AI into private credit activities, with 94% viewing it as crucial for accessibility.
Charlesbank to Acquire Stake in Overbay Capital
US buyout firm Charlesbank Capital Partners agrees to acquire a stake in Canadian secondaries manager Overbay Capital, valuing it at about CAD200m.
Morgan Stanley Limits Redemptions in Private Credit Fund
Morgan Stanley restricted withdrawals from its North Haven Private Income Fund after investors requested nearly 11% of shares, as reported by Private Equity Wire.
