US venture capital (VC) activity in 1Q25 remained highly concentrated, with AI deals dominating both capital and headlines. Yet beneath the surface, liquidity stayed tight, valuations fragmented, and returns increasingly...

In early April 2025, the Trump Administration announced sweeping reciprocal tariffs on imported goods from major trading partners. The White House framed the move as fixing asymmetries in trade and protecting national...

In early April 2025, the US enacted sweeping new import tariffs, marking one of the decade’s most significant trade policy shifts. For retailers and e-commerce companies, this tariff shock represents...

While public commitments to environmental, social, and governance (ESG) have softened, sustainable investing in private markets is undergoing a strategic evolution rather than a retreat. Investors increasingly integrate material ESG...

Private equity (PE) activity in healthcare services hit a new low in 1Q25 as macroeconomic volatility and policy shocks disrupted deal flow. Yet amid the turbulence, investors are pivoting to...

After a prolonged IPO drought, many venture-backed startups in the US were eagerly eyeing 2025 as a year to finally go public, but the most recent US tariffs have now...

The global real estate fund market in 2024 was marked by cautious recalibration rather than a collapse. As allocators navigate macroeconomic headwinds and a tougher distribution environment, capital is consolidating...

The aerospace and defense sector (A&D), long regarded as a pillar of economic and geopolitical stability, is now contending with an increasingly complex risk landscape. Escalating trade tensions, shifting fiscal...

Ardian’s landmark $30 billion raise for its secondaries fund in January 2025 marked a defining moment for private markets. It became the largest secondaries fundraise in history. The scale of...

A surge in artificial intelligence (AI) breakthroughs has reinvigorated investor excitement in robotics, driving significant venture capital (VC) into US robotics startups. The convergence of AI and advanced robotics is...