Private Equity 24 Hours

Last updated: July 14, 2026, 11:30 PM ET

AI and Life Sciences Attract Major Investment

Investor interest in applying artificial intelligence to drug discovery is surging, with OpenAI researcher Miles Wang reportedly in talks to launch a new startup in the space, potentially valued at $2 billion. Elsewhere, David Beckham’s health drink venture, IM8, secured $1 billion from General Catalyst’s Customer Value Fund, which operates outside traditional equity investments, for its longevity vitamin drink.

Private Equity Firms Drive Consolidation and Sector Expansion

The private markets are experiencing significant consolidation, with major players like Apollo, Clearlake, and KKR actively acquiring other private markets firms. KKR is set to take a majority stake in Thomson Reuters’ global print business for $500 million, retaining a 49% equity stake in the joint venture. In a flurry of sector-specific acquisitions, CAI Capital-backed Green Arrow acquired three transportation technology firms, while Gryphon-backed SMG scooped up health, safety, and environmental services firm CrossSafety. Innovatus-backed Meet The People expanded its reach by acquiring ad agency The Loomis Agency and its digital marketing arm. Great Point-backed Vetn Care continued its veterinary hospital roll-up strategy by acquiring Holistic Veterinary Care, and ACP-backed Marco acquired industrial products supplier Rocket Seals.

Healthcare and Financial Services See Strategic Investments

Kaltroco has invested in the school dental program Smile America Partners to support its growth invests in program. In a significant move within the biopharma sector, Archi Med is taking Esperion Therapeutics private for $1.1 billion, focusing on therapies for cardiometabolic and rare diseases takes private. Warburg Pincus-led investors are acquiring a controlling stake in pharmacy Pantherx Rare from sellers Nautic Partners, General Atlantic, and The Vistria Group. Lightyear Capital is backing tax and accounting firm Prosperity Partners, with Unity Partners maintaining a minority stake backs firm. Inflexion has agreed to acquire German provider of single-use medical consumables Primed Group from Paragon Partners, marking its sixth DACH investment and third healthcare deal in the region. Battery Ventures-backed ORTEC completed an add-on acquisition of TOBA HR Solutions, expanding its healthcare client base.

Secondaries Market Offers Liquidity and Strategic Advantages

The secondaries market is evolving into a sophisticated capital formation tool, particularly for real estate, allowing investors to unlock liquidity, retain high-conviction assets, and reposition platforms for growth. Asante is building its Asia-Pacific secondaries business with a new hire from Evercore, who will lead originating and executing transactions in the region builds business.

Personnel Moves and Emerging Tech Funding

Banyan has promoted Simon Gélinas to managing director and head of investments, where he will oversee the firm’s investment function. Vance Street has appointed Jason Burmer as managing director and head of business development, a role he previously held at Edgewater Capital Partners. Gen Nx360 has tapped Adam Feuer as operating partner, bringing experience from One Rock Capital Partners. The first quarter of 2026 has been a strong period for cybersecurity startup funding, with privacy and cybersecurity ventures securing $4.4 billion in seed to growth-stage financing in Q2 alone pulling in funding. European defense technology startups are also attracting attention, with Project Q landing a €15 million Series A round and Nest AI aiming to reduce Europe's reliance on foreign defense models.

Pension Funds and Growth Funds Adjust Strategies

Chicago FABF is seeking investment consultants for its $1.66 billion in assets under management. Temasek-linked Vertex is scaling back ambitions with a new growth fund, Vertex Growth III, which will be at least 40% smaller than its predecessor.