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Private Equity 24 Hours

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8 articles summarized · Last updated: LATEST

Last updated: July 4, 2026, 2:31 AM ET

Private Equity Dealmaking & Fundraising

Blackstone's private wealth fund posted its strongest-ever monthly return, significantly boosted by its investment in AI developer Anthropic. The surge highlights private equity’s increasing focus on high-growth technology sectors and the expanding role of wealth management arms in accessing these opportunities for high-net-worth individuals. In a bid to bolster its European operations, Eurazeo has sold its stake in the Spanish hotel portfolio FST Hotels to Extendam, a firm specializing in hospitality-focused private equity, signaling continued consolidation within the sector. Meanwhile, the Town of Wellesley is seeking an investment consultant for its retirement board and Other Post-Employment Benefits trust, a routine but important step in the ongoing management of public pension fund assets.

Venture Capital & Startup Funding

Venture capital firms backed by ETCI are reportedly split over a proposal to restrict investments in non-European companies, indicating internal tensions regarding geographic focus and growth strategies. In the AI voice technology space, ElevenLabs is targeting a $22 billion valuation through a fresh share sale, underscoring the intense investor interest and rapid expansion of generative AI startups. European initiatives, such as a 30-year EU program, are demonstrating a long-term commitment to translating startup innovations into patents, aiming to foster a more robust intellectual property ecosystem and drive economic competitiveness.

Secondary Markets & Infrastructure

Evercore has bolstered its Asia presence by hiring secondary talent from Harbour Vest, a move that signals increasing activity and sophistication in the region’s private equity secondaries market. The appointment addresses a vacant director role in Singapore and reflects growing demand for liquidity solutions for existing private fund stakes. In the digital infrastructure domain, Sandbrook reports significant momentum in Europe, highlighted by its €200 million investment in Krios, a platform developing grid-secured land for large-scale data center projects. This investment underscores the ongoing build-out of critical digital infrastructure to support growing data demands and AI development.