Private equity firm Capitol Meridian started in 2021 to bet on defense. Suddenly it’s the hottest sector around

fortune.com/2025/07/03/private-equity-carlyle-group-capitol-meridian-deals-ipos-fundraising-blackstone-tpg

Adam Palmer remembers the days in March 2021 when he and Brooke Coburn would interview potential investors from his home just outside Washington D.C. They had just done the unthinkable. Palmer and Coburn had left the security and success of Carlyle Group to launch their own private…

This story appeared on fortune.com, 2025-07-03 10:00:00.
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