Food and health care companies were among the top stocks chosen in the quarter by the top PE firms.
It was all about the green at this week's Cannabis World Congress in New York.
Private equity growth will unlikely continue at its current pace, but assets under management should still grow to $4.6 trillion by 2020.
Shares of Marketo are up nearly double digits in Tuesday's trading session after Vista Equity Partners said it would acquire the company for $1.8 billion.
The new issue market saw only 11 IPOs in the entire first quarter of 2016 with not a single company going public in January.
M&A activity hit record levels in 2015 but has clearly taken a breather in the first half of this year.
Jim Cramer likes Blackstone Group ahead of its earnings report, saying the markets are thawing so you want own it.
Pacific Sunwear has opted to file for bankruptcy to implement a reorganization plan backed by San Francisco's Golden Gate Capitals.
Thomas H. Lee Partners has tapped William Blair & Co. to explore a potential sale of Systems Maintenance Services.
Struggling mall-based retailer Aéropostale Inc. ARO has brought in advisers to help it explore a sale or restructuring, reports The Deal's Jamie Mason.