| Morning all, Craig McGlashan here in London, bringing you a special combined US/Europe edition of the Wire due to Thanksgiving and Native American Heritage Day. We open with a look at a trend that has been booming on both sides of the Atlantic – co-investments. Pictet Alternative Advisors’ Thibaud Roulin talks me through some of the activity his firm has seen in this area. We then switch to a sector that is also seeing plenty of private equity interest – pet care. We’ve got a listicle on some of the deals we’ve seen in the second half of the year. Cyclical factors Pictet Alternative Advisors has been “swamped” with co-investment opportunities in the US and Europe since the late summer, Thibaud Roulin, head of North America, private equity, told me. Find out more in the premium version of the Wire. Recent deals on PE Hub involving LP co-investors include Cube Infrastructure Managers announcing in September that pension manager Railpen had acquired a 25 percent stake in Verdis, a Nordic municipal waste collection operator. Pet craze It's been a busy year for the pet care sector, with plenty of private equity investments announced in the second half of 2024 alone, including in veterinary services, writes PE Hub’s Sophie Rose. Read more in the premium version of the Wire. OK that’s a wrap from me. Hope you all have a great weekend. Normal service resumes on Monday – I’ll bring you the Europe Wire and MK Flynn will be on US duty. Cheers, Craig Read the full Wire commentary on PE Hub ... | 