Investor Education

After three years of dampened dealmaking, we observed early in 2025 that the global private equity (PE) industry was “emerging from the fog.” Now, the fog has finally burned off. Dealmaking returned in 2025 in force: Buyouts surged, exits rebounded, and initial public offerings (IPOs) reemerged.

Private equity finally found some footing in 2025. Deal and exit values surged, a few megadeals stole the headlines, and the champagne almost popped. Almost. The rebound was narrow, and distributions stayed stubbornly low. Fund-raising? For many general partners, that process remained a grind.

On 24 February 2026, Azalea hosted Astrea Investor Day 2026, our annual forum for Astrea Private Equity ("PE") bond investors...