A Middle Eastern sovereign wealth fund last month sued to stop a Houston-based private equity firm from selling a portfolio company to a continuation vehicle, with both sides yesterday agreeing to enter arbitration.
Why it matters: This dispute gets at the fundamental conflict between LPs and GPs when it comes to CVs, which may have just peaked, if you boil away all goodwill and assumption of positive intent.
The new head of the U.S. government's market-moving energy stats and analysis arm has revealed plans to formally track data centers as the AI boom deepens.
Why it matters: Policymakers, investors, activists and everyone in between are struggling to understand what, exactly, is happening with this growing source of energy demand.