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[M&A Deal]

Private Equity Exit Strategies: Why UK Secondary Buyouts Are Surging in 2026

With IPO markets remaining subdued, private equity firms are increasingly turning to secondary buyouts and trade sales to realise returns. We analyse the £14.2bn in secondary transactions completed in H1 2026 and the implications for deal pricing.

[Valuation Chart]

DCF Valuation in Rising Rate Environment: Adjusting WACC for UK Corporates

With the Bank of England base rate at 5.25%, traditional DCF models require significant recalibration. We examine how leading UK investment banks are adjusting discount rates and terminal growth assumptions for FTSE 350 constituents.

[Governance]

Activist Investor Campaigns in UK: Elliott Management's Approach to Board Restructuring

Elliott Management's recent stake in three UK-listed companies has reignited debate over activist investor influence. We analyse their governance demands, board composition proposals, and the regulatory framework under the UK Takeover Code.

[Capital Markets]

UK IPO Pipeline: £8.5bn in Planned Listings for Q3-Q4 2026

The London Stock Exchange is preparing for its busiest listing period since 2021, with technology and healthcare companies leading the charge. We assess valuation expectations, investor appetite, and the competitive threat from New York listings.

[Private Equity]

Carried Interest Tax Reform: What the 2026 Budget Changes Mean for UK Fund Managers

The Chancellor's proposed changes to carried interest taxation could reshape the UK private equity landscape. We examine the impact on fund structures, manager incentives, and the potential migration of firms to Luxembourg and Dublin.