Category: Private Markets
-
The $16 Billion Kuwait Pipeline Deal: Private Capital Signs a 20-Year Bet Mid-Conflict
Blackstone, Brookfield and KKR have signed a $16 billion, 20.5-year lease-and-leaseback covering Kuwait’s crude pipelines: the largest foreign investment in Kuwaiti history, signed mid-conflict. Inside Project Peregrine, and what it says about how patient capital is pricing the Gulf.
-
The Apollo easyJet Takeover Bid: A £5.7 Billion Auction for UK plc
Apollo’s 715p proposal tops Castlelake’s 690p and turns easyJet into a contested £5.7bn auction. Inside the deal-risk gap, the Takeover Code clock, and what the bid says about London’s valuation problem.
-
The $35 Billion Test: The Largest Private Credit Deal on Record Starts Trading
The $35bn Apollo-Blackstone financing for Broadcom and Anthropic’s AI chips is set to begin trading. For the first time, the market will price AI infrastructure credit risk in the open.
-
The $14 Billion Gate: Private Credit Redemptions Meet the Confidence Gap
Roughly $14 billion is now trapped behind private credit redemption gates. Inside the requests-versus-caps arithmetic, PIMCO’s confidence gap, and the sorting of managers it has begun.
-
The IPO Window Reopens: A Record First Half and What Comes Next
Khan Capitals | July 2026 Key Takeaways Part of: Private Credit & Private Markets — Khan Capital’s hub on private credit and private markets. A Record First Half For two years the defining feature of private markets was a door that would not open. Companies that might have listed stayed private, sponsors could not exit,…
-
SpaceX IPO Pricing: A Fixed $135, $75bn, and a Broken Playbook
Khan Capitals | June 2026 Key Takeaways Part of: Private Credit & Private Markets — Khan Capital’s hub on private credit and private markets. The SpaceX IPO pricing announced ahead of this week’s roadshow is the moment a long-anticipated listing turned from rumour into hard mechanics. The company has fixed its offer at $135 per…
-
BDC Redemptions and the Private Credit Squeeze: Why Q2 Gets Worse Before It Improves
Khan Capitals | May 2026 Key Takeaways Part of: Private Credit & Private Markets — Khan Capital’s hub on private credit and private markets. A Q1 That Confirmed What the BDC Tape Was Already Saying The first-quarter 2026 reporting season for non-traded business development companies has now substantially concluded, and the picture is unambiguous. Redemption…
-
SpaceX Files for the Largest IPO in History: Inside the $1.75 Trillion Listing
SpaceX has filed confidentially for a Nasdaq IPO at a reported $1.75 trillion valuation, targeting a June 2026 debut and a record $75 billion raise.
-
The Private Credit Crackup: Blue Owl, Redemption Gates, and the Liquidity Illusion
Khan Capital | March 2026 Key Takeaways Part of: Private Credit & Private Markets — Khan Capital’s hub on private credit and private markets. For the better part of a decade, private credit was the asset class that could do no wrong. It offered equity-like returns with bond-like volatility, generated consistent income in a yield-starved…
-
KKR, Apollo, and the Alternative Asset Manager Model Under Pressure
Khan Capital | March 2026 Key Takeaways Part of: Private Credit & Private Markets — Khan Capital’s hub on private credit and private markets. The publicly traded alternative asset managers entered 2026 as the market’s consensus growth story. Blackstone had crossed $1 trillion in assets under management. Apollo Global Management was targeting $1.5 trillion by…