3C AGI Partners, founded by former SenseTime executive Esther Wong, is targeting up to $100m for the fund by March, following a $50m first close. The vehicle is supported by VMS Group, a family office that manages more than $4bn for some of Hong Kong's wealthiest families. The fund will concentrate on AI hardware, data centres, and related infrastructure, steering clear of application-layer investments that the managers view as overcrowded. The strategy adopts a 'US Plus' approach, maintaining exposure to North America while broadening its geographic reach. VMS said the fund reflects its efforts to diversify away from China amid geopolitical tensions. 'The capital markets in Asia are revitalizing, and we are seeing a clear rebound in confidence,' said Elton Cheung, a partner at VMS Group. The launch highlights how family offices are increasingly allocating capital to specialist AI strategies, as interest in generative AI and supporting infrastructure drives a thaw in Asia-Pacific private equity activity....

The deal includes $1.4bn of initial consideration, comprising $300m in cash and $1.1bn in equity subject to long-term vesting, plus up to $550m of additional equity tied to performance and KKR's share price. The transaction is expected to be accretive to earnings per share immediately after closing. Arctos, founded in 2019, manages about $15bn and is the largest institutional investor in professional sports franchise stakes. It is also a top-five provider of GP solutions through its Keystone platform, offering structured, non-dilutive capital to alternative asset managers. The firm is additionally active in secondaries, a market that reached about $226bn of LP-led and GP-led transaction volume in 2025, up 41% year on year. Following the acquisition, Arctos will become a fully integrated investment unit of KKR. Managing partners Ian Charles and Doc O'Connor will join KKR as Partners, and Charles will lead a newly formed business, KKR Solutions. The platform will house Arctos' sports investments, GP solutions activities, and a scaled secondaries strategy that KKR plans to build over time....

Teskey takes charge of the $1trn platform as Flatt shifts his focus to Brookfield Corp., where he is pursuing a strategy to build an investment-led insurance business. Flatt will continue as chair of Brookfield Asset Management. The leadership transition comes as Brookfield steps up fundraising across private markets. The firm raised $112bn over the past year, lifting fee-bearing capital to $603bn. Credit strategies accounted for about 65% of inflows, while infrastructure fundraising included $7bn, much of it linked to the group's AI infrastructure initiatives. 'Today's announcement is the next step in the succession process we started four years ago. This will set up our next generation of leaders who will guide the company in the coming decades,' said Flatt in a statement. Commenting on the 2025 results, Teskey said, '2025 was another record year for our business' across each of fundraising, deployment, and monetizations. ['] Looking ahead, we will have key flagship strategies in the market and a growing suite of complementary offerings, positioning us to drive sustained growth across multiple channels. This confidence supports our decision to increase our dividend by 15%.'...

'I'm looking forward to watching the Olympics and cheering for Team USA. I grew up in Seattle, and during the Vancouver Olympics, we took a family trip to the games. The most affordable tickets were to the curling events, and that was my first exposure to the sport. Seeing it live was really cool. I was hooked,' says Harrington. Wojcik says, 'It's a very analytical and strategic sport, so it's perfect for MIT students. Physicists still don't entirely agree on why the rocks behave the way they do. Everyone in the club is welcoming and open to teaching new people to play. I'd never played before and learned from scratch. The other advantage of playing is that it is a lifelong sport.' The two say the biggest misconception about curling, other than that it is easy, is that it is played on ice skates. It's neither easy nor played on skates. The stone, or rock, as it is often called, weighs 43 pounds, and is always made from the same weathered granite from Scotland so that the playing field, or in this case, ice, is even....