Private equity funds committed over half of purchase prices (52%) last quarter, according to a WSJ report based on Covenant Review data. In other words, the transactions included more equity than debt, which is a structural flip that can weigh on future returns. Navab Capital Partners will wind down, following the unexpected death of firm founder Alex Navab. Per a statement: • Deal scoop: Liquid Death, a branded canned water startup, is raising $10 million in Series A funding, Axios Kia Kokalitcheva reports.