CPPIB weighs a Spanish gas grid exit. Bloomberg reported that the Canada Pension Plan Investment Board is exploring a sale of its stake in Spain’s largest gas grid. No stake size, valuation or timetable was reported, and CPPIB has not commented. The item is single-sourced and exploratory.
DoorDash and Instacart in advanced talks, WSJ says. DoorDash is in advanced talks to acquire Instacart, the Wall Street Journal reported via Investing.com and Tech in Asia summaries. No price or terms were reported and neither company has confirmed talks. A combination would consolidate the two largest US grocery and restaurant delivery marketplaces.
Universal Music discussed going private. Bloomberg reported that Universal Music Group has discussed a take private with buyout firms. No bidder, price or formal process was reported. The item is single-sourced reporting of discussions, not an offer.
Town Lane closes Fund II at its hard cap. Town Lane has closed its second real estate opportunities fund at its $1.9 billion hard cap, above an initial $1.5 billion target and more than 50 percent larger than its debut fund, AltAssets reported.
Partners Group and Vintage add fund capital. Partners Group has raised $875 million through two rated feeder vehicles for its evergreen private credit strategy in 2026, including a second closing of $510 million from US insurers, AltAssets reported. Vintage Investment Partners raised $920 million across venture fund of funds and secondaries strategies, taking assets under management above $4.8 billion.
Canada launches a C$1.75 billion venture programme. Canada has launched a C$1.75 billion venture capital programme with incentives designed to draw pension fund investment into domestic venture funds, AltAssets reported. Pennsylvania’s PSERS separately approved up to $650 million of private markets investments, led by a $200 million commitment to Clayton, Dubilier and Rice.
Dangote refinery listing draws record demand talk. Bloomberg reported that the planned initial public offering of the Dangote refinery is set for record demand from African and global investors. No price range or timetable was confirmed in the report.
Evecon sells a Lithuanian hybrid project. Evecon has sold a hybrid wind, solar and storage project in Lithuania, Mercom Capital reported. Buyer and price were not disclosed in the report.