Private Equity 24-Hour Briefing
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Last updated: July 4, 2026, 11:30 AM ET
Private Equity Dealmaking
Blackstone's private wealth fund achieved its strongest-ever monthly return, primarily driven by its significant investment in artificial intelligence developer Anthropic. This surge underscores the growing investor appetite for AI-focused assets within the alternative investment space, signaling a strong performance quarter for the firm's offerings targeting high-net-worth individuals.