Private Equity 24 Hours

Last updated: July 22, 2026, 8:30 PM ET

Infrastructure and Credit Sees Major Capital Inflows

Partners Group closed its fourth direct infrastructure programme above $15 billion, marking its largest infrastructure raise to date and exceeding its predecessor vintage by over 50%. The fund is already more than 40% committed. In parallel, Apollo is targeting up to $20 billion of private credit deployment in Mexico, aiming to capitalize on the country's nearshoring-driven infrastructure build-out.

Tech and Software M&A Activity Remains Strong

Cinven is set to acquire software firm Salsify, which boasts a network of over 2,000 customers. In a separate deal, TJC plans to acquire electrical power firm Sunbelt Solomon from Trilantic North America. Sunbelt Solomon operates 42 locations across the US, Canada, and Chile, employing over 1,600 people. Goldman Sachs Alternatives will acquire fintech firm Aegis Hedging Solutions, with Greenbelt Capital Partners and Baird Capital exiting their stakes. Knox Lane has acquired health tech firm Cross Country Healthcare Inc., appointing Joel Tremblay as its new CEO.

Healthcare and Women's Health Sectors Attract Investment

Wildflower Health, backed by Truehelm, has acquired maternity and women’s pelvic health platform Every Mother. Equality Asset-backed Mindoula is acquiring Janus Healthcare Partners and Valera Health, bolstering its capabilities in serving hard-to-engage individuals and families within healthcare organizations.

Construction and Real Estate Sees Targeted Investments

Monomoy advanced sale for concrete manufacturer Cast-Crete. Building products companies have achieved a median 14x EV/EBITDA multiple in recent years, suggesting Cast-Crete could be valued up to $850 million. Madison River is investing in construction firm Pro-Max to support its expansion and service capabilities. Crest Rock is investing in civil contracting firm Andrew Site Work, which performs retrofit, installation, and emergency repair activities for municipalities. Townsend has raised $2 billion for real estate secondaries, with $1 billion already deployed, focusing early on data center investments.

AI and Technology Startups Drive Valuation and Deal-Making

AI continues to be a significant driver of value, with 10 AI labs joining The Crunchbase Unicorn Board in June, collectively adding over $65 billion in valuation. Anthropic, for example revenue run rate by May, a growth rate described as unprecedented by Menlo Ventures' Matt Murphy. Dimension Capital’s third fund, valued at $800 million of science and compute. Hg is backing UK proptech company Street Group with plans to enhance its AI capabilities, valuing the company at over £200 million. Salsify, a software firm with over 2,000 customers, is being acquired by Cinven.

Private Equity Allocations Stabilize Amidst Cautious Investor Sentiment

Investor caution led to stabilized private equity allocations in the first half of 2026, with 67% of institutions keeping their allocations unchanged, according to PEI's H1 2026 Investor Report. More than half of secondaries investors are running evergreen vehicles, with this capital increasingly deployed into a broader range of opportunities, according to an Evercore report. Alaska Permanent is considering a review of its private equity benchmark, raising concerns over the inclusion of private debt and the exclusion of energy investments.

Diversified Sector Investments and Strategic Hires

Butterfly and Graham Partners are investing in flavor maker Custom Flavors, which serves multiple food and beverage industries. In the sports sector, former NY Giants QB Eli Manning is sharing insights on investing, highlighting his role with Brand Velocity Group's investment in RCX Sports. Athena Capital has recruited Karim Bousta as an investment partner and appointed Francesca Cornelli to its Council of operating partners. KKR has appointed Roy Gori as a senior advisor to focus on strategic opportunities in global financial services and insurance.

Layoffs Continue in the Tech Sector

U.S.-based tech companies have seen over 127,000 workers laid off in 2025, with the trend continuing into 2026, according to Crunchbase News.