Company
TPG is a global alternative asset management firm investing in private equity, real estate, credit, and growth capital across sectors.
Amazon signed a 20-year deal for 690 MW from Constellation's Calvert Cliffs nuclear plant, backing a 190 MW uprate due between 2030 and 2032. Most of the contracted power is output the plant already makes, so the deal is mainly a long cost arrangement for Amazon on power that other PJM buyers share.
Reality
Neuberger Private Markets found about 78% of more than 140 GPs are raising AI spending on investment decisions, against about 90% in due diligence. The two shares imply at least 68% are funding AI at both stages at once.
Reality
Atreides Management, Mubadala Capital and Valor Equity Partners co-led an initial close of $3.9 billion at a $30.9 billion post-money valuation. One of Crusoe's six contracted gigawatts is running today.
Reality
The Series F closed at a $30.9bn post-money valuation on one operating gigawatt and $140bn of contracted value spread across six. Turning the other five gigawatts into cash is what the new money bought.
Reality
Jackson sold $5.9 billion of retail annuities in the second quarter, up 34%. Index-linked and fixed index products supplied about 86% of the increase. The company credits asset sourcing at PPM and its TPG partnership.
Reality
QVT Financial, short Jackson's debt and equity, says the insurer's captive repays hedging losses in three-year installments. The unpaid tab is an estimated $6.8bn against $4.97bn of statutory surplus.
Reality
August wholesale prices ran 5.4% against a 5.3% forecast and the ten-year yield added 10.7 basis points. Housing and the private-market managers absorbed most of Thursday's selling while the banks barely moved.
Reality
Elveo Mobile starts life with five satellites in orbit and globally coordinated spectrum. In direct-to-device, the second asset is the harder one to replace.
Reality
July was the biggest month for new unicorns in more than four years, and H1 alone had already beaten the whole of 2025. One company priced at $1.1 billion is less than a year old.
Reality