Private Equity 24 Hours

Last updated: May 28, 2026, 8:30 PM ET

Fundraising & Capital Deployments Secured $2.5bn at first close as Actis accelerated its flagship energy fund, putting the $6bn target within reach and signalling strong investor appetite for sustainable infrastructure. Meanwhile, closed a $106m raise that lifted Corgi’s valuation to $2.6bn – a near‑doubling in three weeks that underscores the premium placed on AI‑enabled data platforms. In Europe, raised €1bn for lending expansion as Oaktree partnered with Pantheon to scale direct‑lending capacity, reflecting a broader shift toward private‑credit opportunities amid tightening bank funding.

Strategic Acquisitions Acquired Comscore Movies carve‑out allowing Advaya Capital to enter the box‑office analytics niche, while bought ArcLight for $1.05bn gave Digital Bridge a foothold in power‑grid assets that complement its data‑center portfolio. Across the health sector, sold Estia Health to Stonepeak for an undisclosed sum after Bain Capital’s 2023 purchase, and acquired Heritage Imaging added medical‑tech capabilities to ACP’s growth platform. In residential services, took a minority stake in Apex Service Partners and Alpine Investors’ parallel sale at a $10bn valuation highlighted the premium placed on home‑service roll‑ups.

Sector Moves & Partnerships Struck AI partnership with Google Cloud as EQT equipped more than 300 portfolio companies with agentic AI tools, aiming to boost operational efficiency across its diversified holdings. In the energy transition space, opened a Milan office to deepen KKR’s Italian presence, aligning with its broader Europe‑focused rollout of infrastructure assets. Meanwhile, appointed Jeff Haight as operating partner to drive value‑creation initiatives across Transom’s portfolio, reinforcing the trend of seasoned operators joining PE firms to accelerate growth.

Secondary Market & Advisory Fees Reported $25,000‑plus legal fees for LP‑led fund interest transactions, with counsel costs ranging up to $79,000, highlighting the rising expense of complex secondary deals. A concurrent defence of secondary mark‑ups emphasized that premium pricing reflects liquidity benefits for sellers and risk mitigation for buyers, a narrative gaining traction as investors seek to rebalance exposure. Additionally, placement agents continue to fuel growth by supporting emerging managers in the lower‑mid market, underscoring their relevance despite a maturing fundraising environment.

Regional Expansion & Portfolio Diversification Launched a German insurance broker platform backed by Inflexion, marking a strategic entry into the fragmented Mittelstand insurance market. Parallelly, invested in Ferranti gave Main Capital a software foothold serving utility firms, broadening its European tech exposure. In the U.S., sold Valley Electric to MYR Group for $328m and divested Altruix to Frazier reflected a wave of specialty‑health and utility exits that recycle capital into new growth sectors. Finally, re‑thought supply‑chain strategy with AI centralisation as Saudi’s PIF leveraged data analytics across its PE holdings, a move aimed at mitigating geopolitical risk and enhancing portfolio resilience.