Private Equity 24 Hours

Last updated: July 15, 2026, 8:30 PM ET

Major Dealmaking and Financing

Stripe and Advent International are reportedly exploring a $53 billion offer to acquire PayPal. In a separate move, Apollo Global Management is in advanced talks to provide nearly $3 billion in financing for the New York Yankees. Ares Management has completed its $1.7 billion take-private acquisition of Whitestone REIT. Meanwhile, Francisco Partners is nearing a $1.3 billion buyout of construction software maker Command Alkon. EQT has sweetened its bid for Australian fund manager Perpetual to A$22.07 per share.

Private Equity Activity Across Sectors

Verdane has acquired a portfolio of technology stakes from bp, while Gemspring-backed Amplix has acquired tech sourcing firm One Connect. Caltius has invested in technology services firm Saa S Consulting Group, and Phoenix Equity Partners has invested in supply chain consultancy Squarcle. Veritas is set to acquire facilities management services firm BGIS. Stone Point Capital and Further Global are acquiring Kroll, with Permira also involved, while Audax and Linden plan to sell Stat Lab Medical Products. Mutares has sold Finnish remediation firm Redo to Invex Group.

Growth Investments and AI Focus

Robotics startup Monumental has raised $32 million backed by Khosla Ventures. In the AI space, Blackstone, Hellman & Friedman, and Anthropic have launched an AI services provider called Ode with Anthropic, which also includes backing from Apollo Global Management and Goldman Sachs. Separately, Apollo and Blackstone are providing $5.34 billion to Williams projects. Neko has raised $700 million in Series C funding.

Secondaries Market and Portfolio Management

Louisiana Teachers is exploring a private equity secondaries sale to reduce its buyout asset allocation and increase liquidity. Credit manager Serone has launched a buyout secondaries strategy with a debut fund. Carlyle Alp Invest has closed its second single asset-focused fund on $1.7 billion. High Vista has appointed Ramit Malhotra as principal for its GP-led secondaries team. Real estate secondaries are seeing increased dealflow as investors seek exposure to in-demand asset classes.

Music Rights and Specialised Acquisitions

Cutting Edge has acquired the music rights and royalties catalog of TV/film composer Brian Tyler. Pophouse has acquired a stake in Iron Maiden’s music and NIL rights. Stone Point, Further Global, and Permira-backed Kroll are acquiring ABC economics. Ardian has acquired a majority stake in German digital healthcare recruitment platform Pflegia. Ana Cap-backed Ryze has signed a deal to acquire valuation firm Krata.

Fintech and Venture Capital Trends

Fintech venture funding surged nearly 23% year-over-year in H1 2026, with investors concentrating bets on AI and financial infrastructure. Corporate venture capital is showing a concentration of power at the top of the market. KKR is marketing Europe's first debt deal backed by PayPal's buy now, pay later loans.

Institutional Investor Performance

The California Public Employees' Retirement System reported a preliminary net investment return of 14.8% for the year to June 30, 2026, with private equity as a strong contributor.