Private Equity 24 Hours

Last updated: July 7, 2026, 2:30 AM ET

Fundraising & Investor Intentions

Denmark’s Novo Holdings, manager of the Novo Nordisk Foundation’s $36 billion investments, is exploring allocations for private equity GPs to manage within its expanding planetary health portfolio and is targeting larger deal sizes. The firm is also eyeing opportunities in the energy sector and Asia, signaling a strategic shift in its investment approach mulling GP allocations. Meanwhile, Singaporean family office JRT Partners intends to increase its exposure to the secondaries market, specifically looking at opportunities in the U.S., Australia, and Western Europe increasing secondaries exposure. In a significant move, Mubadala Capital has opened its $25 billion credit platform to outside investors for the first time, following the transfer of its credit business onto its own platform opening credit platform. The ongoing debate about fundraising strategies highlights that while fund structure matters, the trust between managers and investors is paramount, especially as the industry navigates away from the era of easy money and its associated "bad habits" fundraising rules debated. Pension funds are also adjusting their strategies, with the $1.8 trillion GPIF seeing its PE portfolio grow 26% to approximately $1.4 billion year-on-year, despite a challenging environment pension portfolio climbs.

Deal Activity: Industrials & Energy

Private equity firms have been active across industrial and energy sectors. Blackstone Energy Transition Partners has agreed to acquire Dresser Utility Solutions from First Reserve in the first deal from its latest energy transition fund. Dresser Utility Solutions, a provider of metering equipment for natural gas and water infrastructure, marks a significant investment in the energy transition space acquiring utility solutions. Lone Star Funds is set to acquire Continental's rubber and thermoplastics unit, Conti Tech, for €4 billion, a substantial deal within the industrials materials sector acquiring Conti Tech for €4bn. In a carve-out transaction, Capmont will acquire Dyneon, a fluoropolymer manufacturer serving critical sectors like semiconductors and electric vehicles, from 3M Deutschland carving out Dyneon. Permira is backing the Iberian engineering group Quadrante with a strategic investment, marking its second deal under its Energy Transition strategy backing Quadrante.

Buyouts & Exits Across Sectors

Several firms have made significant moves in buyouts and exits. CVC Capital Partners has sold its stake in premium marina operator D-Marin to Infra Via Capital Partners for an undisclosed sum. D-Marin operates 28 marinas across the EMEA region selling D-Marin. Advent-backed Cobham Ultra is set to sell its undersea warfare solutions provider Ultra Maritime for $3.45 billion, a substantial divestment in the defense sector selling Ultra Maritime. Warburg Pincus is exiting Singular Bank, a private banking specialist, selling its stake to a consortium led by ING exiting Singular Bank. In the logistics sector, Argosy has taken a controlling stake in K&L Freight Management, which specializes in time-sensitive freight services for industries including life sciences and energy taking stake in K&L. Rotunda-backed RMH Systems has acquired material handling integrator Top Shelf, expanding its automation and packaging solutions offerings RMH acquires Top Shelf. NMS-backed Surplus Solutions has also made an acquisition, scooping up health tech firm DCM Bio Services to bolster its equipment lifecycle management services for the life sciences industry Surplus Solutions acquires DCM.

Technology & Infrastructure Investments

Technology and infrastructure continue to attract private equity capital. Bruin Capital is selling golf simulation company Full Swing to Versant Media for $530 million, marking a significant exit in the sports technology space selling Full Swing $530m. Bridgepoint has made a €200 million minority investment in Skello, an AI-powered HR management software provider for frontline workforces, highlighting continued interest in Saa S solutions for businesses backing Skello with €200m. EQT is acquiring parking technology group Orikan, signaling a push into the Asia Pacific mid-market with a focus on integrated parking and compliance technology EQT acquires Orikan. Avance has backed infrastructure firm Lexxel, with the founders and management team reinvesting alongside the firm to support continued growth Avance backs Lexxel. In the cleantech sector, investors poured $15 billion into seed through growth-stage rounds in the first half of the year, indicating a stabilization of funding as energy demand grows cleantech funding stabilizes.

Fund Closures & Market Trends

The secondaries market saw a significant fund closure as Eurazeo held the final close of its fifth-generation private equity secondaries program at €2.3 billion, surpassing its €2 billion target Eurazeo closes secondaries fund at €2.3bn. CVC Capital Partners also closed its European-focused mid-market private equity fund, CVC Catalyst III, at approximately €3 billion, nearly double its target CVC closes mid-market fund. In a notable debut on public markets, IQM, a quantum computing firm, received applause from its investors for its public market listing, indicating a positive reception for deep tech companies moving to IPO IQM applauds debut. Hive has raised $15 million for its "silicon brain" technology, which aims to significantly cut the hourly cost of running machines by 80%, pointing to innovation in AI-driven operational efficiency Hive raises $15m for AI. The broader venture capital landscape is seeing LPs concentrate investments in megafunds due to economic uncertainty, a trend that may sacrifice higher potential returns for perceived safety VC LPs concentrate on megafunds.