Mark Maurer

Activist hedge fund Jana Partners is urging theme-park operator Six Flags Entertainment to explore a sale, according to people familiar with the matter.

Aviation-services supplier AAR agreed to buy a majority stake in privately held aircraft-maintenance company MRO Holdings for $1.8 billion, according to people familiar with the matter. The deal, backed by Bain Capital and other investors, would help AAR build out its geographic footprint. MRO perf

Firms are facing employee turnover as hopes for payouts dim amid sluggish exits.

Aldaron, with co-founders coming from Palantir and Carlyle, recently closed its debut fund and made its first investment.

Apollo Global Management said it will acquire a stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi’s sovereign-wealth fund, Mubadala Investment Company. Apollo and additional strategic investors would together commit $5 billion to Mubadala Capital as part of the deal, the

Ben Cohen and Jerry Greenfield, the eponymous founders of Ben & Jerry's ice cream, have been exploring a deal with an executive of private-equity firm KKR to separate their brand from its current owner.

Software firms account for about a third of the risky corporate loans due in 2028 and 2029.

Private-equity firms are scrambling to avoid big losses from a potential wave of defaults by the companies they own.

Fund managers are racing to negotiate loan extensions on much of a $300 billion wall of debt that is coming due starting in 2028. It is a pressing need that is intensifying because rising interest rates have made refinancing more expensive this year. And much of it is for software companies at risk

Software firms account for about a third of the risky corporate loans due in 2028 and 2029.