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A Pentagon push toward drones, autonomy and AI-driven warfare is creating a new class of defense winners—and sparking a wave of acquisitions across the sector.
First-half deal volume and value rose from a year ago as private equity exits gained urgency, valuation expectations aligned and activity broadened across most sectors.
As continuation vehicles grow in scale and complexity, sponsors face mounting pressure to prove that deals are fair to both selling and rolling investors.
As private credit evolves, managers are sharpening risk oversight and embracing AI to enhance underwriting, portfolio management and operational efficiency—while keeping human judgment at the center of lending.
As private credit matures, lenders face rising competition, expanding secondary markets and greater liquidity scrutiny. Dealmakers say disciplined underwriting and specialization will separate the winners.
Whether you're looking to better understand markets, leadership or emerging technologies, these are the books dealmakers say are worth your time this summer.