Blackstone & TPG close the $17B Hologic take-private, Hg completes $6.4B OneStream deal, and Senior plc agrees to $1.9B buyout. Plus: Mercer closes $3.8B fund. Your weekly PE deal review.

From EA's record-shattering $55 billion LBO debt demand to TK Elevator's potential €25 billion exit and Ardian's $30 billion secondaries fund, this week reshaped the private equity landscape.

On the occasion of Financial Education Week, we wanted to dedicate this edition of Private Markets Square to a topic that seems central to the future of our industry: education.

Discover why Small-Cap Buyouts are the most resilient segment of Private Equity. Insights from Philippe Poggioli on the ACF IX fund and European SME growth.

Explore Turenne Capital's innovative Private Equity strategies: the Regional Buyout Evergreen fund and the Hospitality FPCI. 25 years of expertise in French SME growth.

The Private Market Square podcast, hosted by Yann Charraire, co-founder of Airfund, dives deep into the world of private markets and venture capital. In this episode, Benoit Fosseprez, General Partner at AXA Venture Partners (AVP), shares insights on investing in tech startups, scale-ups, and the rapidly evolving AI and quantum computing sectors.

In a more demanding cycle, the difference is made less by the narrative… and more by asset quality, execution capability, and operational value creation. Healthcare ticks all these boxes: demand is structural, needs are long-lasting, and innovation (services, data, patient pathways, medtech, diagnostic tools) continues to reshape the sector. As a result, healthcare remains a natural playing field for specialized private markets strategies provided one is selective.

The Private Market Square podcast, hosted by Yann Charraire, co-founder of Airfund, highlights the strategies of top fund managers and their impact on private investing. In the episode dedicated to Riverside Europe Fund VII, Karsten Langer, the fund’s managing partner, shares his expertise and market insights, offering a unique opportunity to understand investing in high-potential European SMEs.

The democratisation of private assets has become one of the most debated themes in European finance. Platforms are multiplying, private banks are accelerating partnerships, wealth advisors are expanding their role, and funds are adapting their structures to reach a broader audience. Yet one fundamental question remains: are we collectively ready to make private market access not only efficient, but sustainable and virtuous for retail investors?

We are delighted to announce that we finished 3rd in the “Best Digital Platform for Private Markets Access” category, an award recognizing the most innovative players in the field of digital access to private markets. This recognition confirms the relevance of our vision: to democratize and modernize access to Private Markets through high-performance technology and an optimized user experience.

AirFund, a digital marketplace specialized in the distribution of private equity funds, announces the launch of Ask AirFund, an intelligent tool designed to help wealth management advisors (WMAs) analyze, compare, and better understand the investment solutions available on the platform.

Airfund presents Capital Dynamics Mid-Market Direct 6, the new mid-market co-investment strategy focused on high-growth mid-sized companies. This innovative fund combines financial performance with international diversification and is now available to private investors through Airfund.

The private equity market continues to evolve in an environment shaped by interest rate normalization, increased investment selectivity, and a growing focus on sustainable long-term performance.

Wealth management is currently undergoing a profound transformation. Changing client expectations, the growing importance of alternative assets, accelerated digitalization, and generational wealth transfer are all challenging the traditional wealth management model.

After two years dominated by rising interest rates and reduced liquidity, 2026 marks a regime shift in private markets. While the euphoria of 2021 is not returning, the market is entering a healthier cycle characterized by greater price discipline, a gradual reopening of exit windows, and a quality premium focusing on resilient assets capable of generating cash flow and managers with strong operational capabilities.

Airfund presents Authentic Private Infrastructure 3, the new infrastructure investment strategy by Access Capital Partners, focused on essential assets for the European economy. This innovative fund combines financial performance with stable returns and is now available to private investors through Airfund.

The Article 150-0 B ter tax regime plays a central role in wealth planning strategies related to business sales in France. As the 2026 Finance Act may reshape its framework, this tax mechanism remains, for now, a particularly powerful tool to defer capital gains taxation and redirect capital toward private market investments, directly supporting the real economy.

Private Market Square presents ABENEX Industrie 9.0, ABENEX’s new private equity strategy focused on French industrial SMEs, with a strong emphasis on decarbonization and Industry 4.0. This innovative fund combines financial performance with environmental impact and is now open to private investors via Airfund.

After several years marked by a rapid rise in interest rates and a sharp slowdown in liquidity, 2026 opens a new cycle for private markets. A cycle that is less euphoric than that of 2021, but healthier, clearer, and more supportive of long-term value creation. This edition of Private Markets Square provides a concise and practical overview tailored to wealth management professionals.

The conversation provides a deeper understanding of the mechanics of early-stage and growth venture capital, as well as Founders Future’s unique approach, which combines financial support with operational guidance to maximize value creation in innovative companies.

The discussion provides a clear understanding of private debt funds, how they operate, the different types of financing (mezzanine, unitranche, flex equity), and their essential role in financing French SMEs. The goal of this episode is to provide an educational perspective on alternative financing strategies and the role of private debt funds in portfolio diversification, while incorporating an Article 9 ESG approach for positive environmental and social impact.

Plus de 95% des entreprises mondiales financent l'économie réelle en dehors des bourses publiques.

Private equity, also known as venture capital or capital investment, involves investing in companies that are not listed on public stock exchanges. Unlike traditional stock market investments, it is not about buying shares with a click it involves taking a direct stake in a company.

In an environment where megadeals are struggling to regain momentum, one conviction stands out: today, sustainable value creation is happening in the mid-market. SMEs and mid-sized companies, often family-owned, regionally anchored, and financially disciplined, provide fertile ground for active strategies—where value creation depends above all on execution. The available levers are clear: international expansion, digital transformation, operational optimization, buy-and-bu

In this first edition, AirFund explores market dynamics, funds currently raising capital, insights from an international investor, and the highlights of the private markets ecosystem.

AirFund won the Patrimonia Trophy for Best Partner Relationship with CGPs.

In a strategic move aimed at democratizing access to private markets, Access Capital Partners (a major player in European private equity) announces the launch of Otentiq Private Markets, an offering specially designed for private clients. This initiative is in line with an underlying trend: to make unlisted investments accessible, legible and diversified, notably via digital platforms such as AirFund.

AirFund, a leading fintech dedicated to private markets, is proud to announce that it has won the 2025 Coupole de l’Audace in the category "Best Non-Listed Asset Distribution Platform". This prestigious award recognizes innovation and excellence in the distribution of private investment funds, confirming AirFund’s position as a key player in the Private Markets sector.

This event, organized by FundGlobam, was an opportunity to explore new distribution models in the investment fund world, particularly in the unlisted sector.

From zero to a multi-billion dollar market.

Definition and explanation

Definition and explanation