Private Equity 24 Hours

Last updated: July 15, 2026, 5:30 PM ET

Mega-Deals and Financing Packages

A potential $53 billion offer for PayPal from payments giant Stripe and private equity firm Advent International has emerged, as reported by Reuters emerged. In parallel, the New York Yankees are reportedly in advanced discussions with Apollo Global Management to secure a nearly $3 billion financing package secure. Ares Management has finalized its acquisition of Whitestone REIT, taking the U.S. retail property owner private in an all-cash deal valued at approximately $1.7 billion finalized.

Sector Investments and Acquisitions

Verdane has acquired a portfolio of minority stakes in technology businesses from bp acquired. Gemspring-backed Amplix has purchased One Connect, a technology sourcing and procurement firm purchased. Caltius has invested in Saa S Consulting Group, a tech services firm invested. Phoenix Equity Partners has invested in Squarcle, a specialist supply chain consultancy invested. Mutares has sold its Finnish remediation firm Redo to Invex Group sold. RFE-backed Launch Pad has acquired Key Inspection Services, a home inspection and residential services provider acquired. Godspeed-backed ICE USA has snapped up SLC, an easement acquisition and project management firm snapped up. Veritas is set to acquire BGIS, a facilities management services firm, from CCMP Capital Advisors and Alberta Investment Management Corporation set to acquire. Audax and Linden are selling Stat Lab Medical Products to Leica Biosystems, an operating company of Danaher Corporation selling. Stone Point Capital and Further Global, with Permira backing, are acquiring ABC Economics, a firm that advises on competition, regulatory, and dispute matters acquiring. Ana Cap-backed Ryze has signed a deal to acquire Krata, a Spanish firm specializing in property valuations and technical advisory services signed a deal.

AI and Technology Focus

Private equity firms are increasingly partnering with AI specialists. Blackstone, Apollo Global Management, and KKR are providing $5.34 billion to Williams projects providing. Blackstone, Hellman & Friedman, and Anthropic have launched a new AI services provider named Ode with Anthropic, also backed by Apollo Global Management, General Atlantic, GIC, Goldman Sachs, Leonard Green, and Sequoia Capital launched. Francisco Partners is reportedly nearing a $1.3 billion buyout of construction software maker Command Alkon, while Thoma Bravo is eyeing an exit nearing.

Music Rights and Entertainment

Cutting Edge has acquired the music rights and royalties catalog of TV/film composer Brian Tyler acquired. Pophouse has acquired a stake in the music and NIL rights of the band Iron Maiden acquired. Stone Point Capital and Further Global are also involved in acquiring Kroll, with Ardian reportedly interested in a healthcare recruitment platform, and Iron Maiden joining the trend in PE music royalties involved.

Secondaries Market Activity

Louisiana Teachers' Retirement System plans to explore a sale of private equity secondaries assets to reduce its allocation to buyout assets and increase liquidity plans to explore. Credit manager Serone has launched a buyout secondaries strategy with hires from Ardian and UBS, and has initiated a debut fund launched. High Vista has appointed Ramit Malhotra as principal for its GP-led secondaries team, extending its lower middle market private equity investing strategy appointed. Dealflow in the real estate secondaries market is rising as institutional investors seek exposure to in-demand asset classes is rising. Carlyle Alp Invest has closed its second single asset-focused fund on $1.7 billion, surpassing its target and predecessor fund closed.

Fintech and Venture Capital Trends

Venture funding into fintech startups climbed nearly 23% year over year in the first half of 2026, with a significant drop in deal count, indicating larger individual investments climbed. Corporate venture capital is showing a split, with wind-downs at companies like PayPal and Fidelity International suggesting a concentration of power at the top of the market, which may impact smaller funds showing. Robotics startup Monumental has raised $32 million, backed by Khosla Ventures raised. OpenAI researcher Miles Wang is reportedly in talks to launch an AI drug discovery startup valued at $2 billion, highlighting investor interest in applying AI to life sciences in talks.

Pension Fund Performance and Investor Insights

The California Public Employees' Retirement System (CalPERS) has reported a preliminary net investment return of 14.8% for the year ending June 30, 2026, with private equity being a significant contributor reported. A group of investors managing $177 trillion is increasing their influence in private markets, while GPs are grappling with the pace of AI adoption increasing. Blackstone's new EMEA wealth head discussed expansion plans, including more retail-eligible offerings, and noted that fragmented European regulations remain a barrier to access discussed. EQT has sweetened its bid for Australian fund manager Perpetual to A$22.07 per share after its initial offer was rejected sweetened.

Energy and Infrastructure

BlackRock’s Global Infrastructure Partners (GIP) is acquiring a majority and controlling interest in Summit Ridge Energy, a commercial solar power firm that constructs, owns, and operates solar and energy storage systems is acquiring.

Other Notable Transactions

Ares Management has completed its $1.7 billion take-private of Whitestone REIT completed. KKR is marketing Europe's first debt deal backed by PayPal's buy now, pay later loans business in Germany is marketing.