Global defence spending reached US$2.44 trillion in 2023, representing the largest year-on-year real-terms increase in recent decades, according to  SIPRI , an Independent global defence research institute. Over the same period, private capital commitments into defence and government-focused technology reached multi-year highs. PitchBook data shows sustained growth in sponsor-backed deals across autonomy, cyber defence, secure communications, space systems, and electronic war

From 2020 to 2024, private capital invested over US$230 billion in cyber, space, and autonomous systems, while defence procurement increasingly sourced capabilities from commercially scaled platforms. Data from SIPRI and OECD indicate that more than 40% of newly deployed defence capabilities in advanced economies during this period originated from civilian markets. This represents a structural shift in the financing of strategic technologies. Capability development has advanc

Regulators across global financial hubs have tightened oversight on private equity’s growing control of the fintech ecosystem. Innovation has drawn capital, but the pace and structure of this expansion now worry policymakers. They see systemic exposure where risk capital meets digital banking, payments, and alternative lending. The conversation has shifted from growth and valuation to governance and transparency.  The Changing Nature of Ownership  Private equity firms thrive

In 2025, global equity markets experienced a decisive turnaround. Following years of pandemic aftershocks, inflation, geopolitical volatility, and restrictive monetary policy, the third quarter saw a strong resurgence in initial public offerings. This revival has reinvigorated capital markets and expanded exit opportunities for private equity firms. The IPO rebound signals a new phase for dealmakers and entrepreneurs worldwide.    The IPO Rebound: Structural Recovery Shaping

Private equity investors increasingly focus on legal technology, a sector previously seen as too conservative for quick returns. The narrative has shifted. Legal tech is now characterised by SaaS-driven innovation that transforms legal services' delivery, pricing, and scalability.  Legal software has progressed from back-office support systems to an essential infrastructure that enhances efficiency, compliance, and data-driven decision-making. As the legal sector embraces a d

Once considered cyclical, the semiconductor industry now propels global economic and technological progress, powering AI, electric...