Weekly wrap: CenterOak, KKR, Thompson Street

Big-money investments in professional sports are trickling down to youth sports and tutoring, where fragmented markets and rising parental spending are fueling interest from private equity.

Advent’s planned $3 billion middle-market fund highlights how large buyout firms are putting dedicated capital and global resources behind smaller acquisitions.

Gen II provides tech-enabled fund administration to more than 275 private-market investment managers representing over $2 trillion in assets.