Gillian Tan

BDT & MSD Partners alum Adam Piekarski is starting anew and has formed Derby Lane Partners, a new real estate credit investment firm, according to a person with knowledge of the matter.

Shahal Khan’s Burkhan World Investments and its partners are pitching the owner of the Roosevelt Hotel on a deal to redevelop the midtown Manhattan property, according to a document reviewed by Bloomberg News.

A group led by Bain Capital’s special-situations arm is in talks to invest as much as $2 billion in insurance broker Acrisure, according to people with knowledge of the matter.

Axonic Capital, a firm that invests in mortgage-backed securities and other structured products, is exploring strategic options including the sale of a controlling stake, according to people with knowledge of the matter.

Klick Health, a digital marketing agency for the health industry, is exploring the sale of a minority stake, people familiar with the matter said.

Elon Musk’s Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5 billion, according to people with knowledge of the matter.

Royal Bank of Canada hired JPMorgan Chase & Co. managing director Troy Wagner as global head of private capital markets, according to people with knowledge of the matter.

TPG Inc. has hired EQT AB partner Juan Diego “JD” Vargas, according to people with knowledge of the matter.

Private credit firm Willow Tree Credit Partners is exploring options including the sale of a minority stake, according to people with knowledge of the matter.

Bayview Asset Management, a credit firm that oversees $20 billion, is exploring liquidity options including the sale of a minority stake, according to people with knowledge of the matter.