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Private Equity 24 Hours

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Last updated: July 4, 2026, 8:30 AM ET

Private Equity

Blackstone's private wealth fund saw its strongest-ever monthly returns, driven by a significant bet on AI developer Anthropic. This performance underscores the growing investor appetite for artificial intelligence ventures, even within more conservative private wealth vehicles. The fund's success highlights the sector's ability to attract substantial capital by backing nascent, high-growth technology companies.