Private Equity 24-Hour Briefing
×Last updated: July 15, 2026, 8:30 PM ET
Major Dealmaking and Financing
Stripe and Advent International are reportedly exploring news.crunchbase.com 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 pehub.com tech sourcing firm One Connect. Caltius has invested pehub.com in technology services firm Saa S Consulting Group, and Phoenix Equity Partners has invested pehub.com in supply chain consultancy Squarcle. Veritas is set to acquire pehub.com facilities management services firm BGIS. Stone Point Capital and Further Global are acquiring pehub.com Kroll, with Permira also involved, while Audax and Linden plan to sell pehub.com Stat Lab Medical Products. Mutares has sold pehub.com Finnish remediation firm Redo to Invex Group.
Growth Investments and AI Focus
Robotics startup Monumental has raised sifted.eu $32 million backed by Khosla Ventures. In the AI space, Blackstone, Hellman & Friedman, and Anthropic have launched pehub.com 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 pehub.com $5.34 billion to Williams projects. Neko has raised sifted.eu $700 million in Series C funding.
Secondaries Market and Portfolio Management
Louisiana Teachers is exploring secondariesinvestor.com a private equity secondaries sale to reduce its buyout asset allocation and increase liquidity. Credit manager Serone has launched secondariesinvestor.com a buyout secondaries strategy with a debut fund. Carlyle Alp Invest has closed secondariesinvestor.com its second single asset-focused fund on $1.7 billion. High Vista has appointed pehub.com Ramit Malhotra as principal for its GP-led secondaries team. Real estate secondaries are seeing secondariesinvestor.com increased dealflow as investors seek exposure to in-demand asset classes.
Music Rights and Specialised Acquisitions
Cutting Edge has acquired pehub.com the music rights and royalties catalog of TV/film composer Brian Tyler. Pophouse has acquired pehub.com a stake in Iron Maiden’s music and NIL rights. Stone Point, Further Global, and Permira-backed Kroll are acquiring pehub.com ABC economics. Ardian has acquired pehub.com a majority stake in German digital healthcare recruitment platform Pflegia. Ana Cap-backed Ryze has signed pehub.com a deal to acquire valuation firm Krata.
Fintech and Venture Capital Trends
Fintech venture funding surged news.crunchbase.com nearly 23% year-over-year in H1 2026, with investors concentrating bets on AI and financial infrastructure. Corporate venture capital is showing news.crunchbase.com 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.