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Private Equity 24 Hours

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10 articles summarized · Last updated: LATEST

Last updated: July 3, 2026, 8:30 PM ET

Private Equity Activity

Blackstone's private wealth fund reported its strongest monthly return on record, driven significantly by its investment in AI developer Anthropic. This performance underscores the growing influence of artificial intelligence investments within private equity portfolios targeting high-net-worth individuals. In Europe, Eurazeo has exited its Spanish hotel portfolio, FST Hotels, selling the stake to Extendam, a firm specializing in hospitality real estate. This deal reflects ongoing consolidation and strategic divestments within the European real estate and hospitality sectors.

The European venture capital scene is experiencing both growth and internal debate. ETCI-backed VC firms are reportedly divided over a proposal to restrict non-European investments, signaling potential shifts in capital allocation strategies for the region's startup ecosystem. Meanwhile, AI voice technology firm ElevenLabs is seeking a valuation of $22 billion in its latest share sale, a move that aligns with broader trends of significant funding rounds for AI companies. Europe's startup ecosystem is also showing resilience, with one unicorn emerging weekly as a new model for achieving billion-dollar valuations, a pace that challenges previous growth trajectories. This push is supported by initiatives like the 30-year EU program that converts startup placements into patents, aiming to foster innovation. The King's Cross area in London is also becoming a hub for AI development, with several AI labs establishing a presence there.

In the digital infrastructure space, Sandbrook Capital reports "significant momentum" in European digital infrastructure, highlighted by a €200 million investment in Krios, a platform focused on developing land for data centers. This indicates continued investor appetite for assets that support the growing demand for computing power. Separately, the Town of Wellesley is seeking an investment consultant for its retirement board and Other Post-Employment Benefits trust, signaling ongoing pension fund management and asset allocation activities. The secondaries market has also seen a personnel move, with Evercore adding talent in Asia from Harbour Vest, reinforcing its presence in the region's growing private capital markets.