Private Equity 24 Hours

Last updated: April 10, 2026, 11:30 PM ET

Private Equity Fundraising & Credit Markets

Blackstone continued its fundraising momentum by securing $10 billion for its newest opportunistic credit fund, capitalizing on persistent investor appetite for deploying capital amid current market volatility. This activity mirrors broader trends in private debt, where firms like Arcmont are finding the $2.5 billion collateralized loan obligation market to be an "absolute sweet spot," with CEO Anthony Fobel indicating openness to dealing with traditional private debt rivals in the burgeoning credit secondaries space. Concurrently, Ping An Insurance is reportedly exploring a sale of a circa $1 billion portfolio in the secondaries market, marking the sixth time the Chinese insurer has initiated such a process to manage its assets.

Healthcare & Consumer Sector Transactions

Activity within the healthcare and personal care sectors saw several key movements, including Sterling’s acquisition of Healthcare Linen Services Group from its previous owner, York Private Equity. This focus on consumer-facing brands is evident as firms such as Advent, Round Table, and Gemspring gain traction in personal care deals, often targeting businesses that build direct relationships with consumers. In medtech, Blackstone and TPG formally closed their take-private transaction of Hologic, a Marlborough, Massachusetts-based developer, supporting the trend of private equity targeting underinvested areas like women’s health.

Infrastructure & Strategic Acquisitions

In infrastructure and specialized services, Blackstone has taken a minority stake in Rowan Digital Infrastructure, which is currently backed by Quinbrook, signaling continued investment in digital backbone assets. Meanwhile, portfolio company activity featured Granite Creek-backed Salem One acquiring SmashBrand, a brand development agency based in Winston, North Carolina, extending Salem One’s reach in direct marketing services. Elsewhere, GTCR successfully completed its acquisition of the pharmaceuticals business Zentiva, which develops and supplies generic and specialty medicines, while EQT divested its holdings in a Nordic ferry operator.

Venture Capital & European Tech Growth

The venture capital ecosystem saw deal sizes grow even as the overall volume of transactions contracted globally. Specifically, global fintech startups raised $12 billion across 751 deals as of early April 2026, representing a 5% year-over-year increase in dollars deployed despite fewer overall financings. This concentration of capital is reflected in the startup funding rounds, where SiFive led the week's financings by securing $400 million for its custom chip designs, alongside sizable rounds in aerospace and biotech. In Europe, the momentum in startup creation has been strong, evidenced by the highest number of $1 billion-plus startups minted in four years, alongside a notable influx of first-time European VC funds entering the market in 2026.