Private Equity 24 Hours

Last updated: July 22, 2026, 11:30 PM ET

Private Equity Infrastructure and Credit Funds Flourish

Partners Group closed its fourth direct infrastructure program 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 for private credit deployment in Mexico, aiming to capitalize on the country's nearshoring-driven infrastructure expansion.

Tech and Healthcare Sector Acquisitions Continue

TJC is acquiring electrical power firm Sunbelt Solomon from Trilantic North America. Sunbelt Solomon operates 42 locations across the U.S., Canada, and Chile, employing over 1,600 people. In the software space, Cinven is acquiring Salsify, a firm with a customer network exceeding 2,000. Within healthcare technology Cross Country Healthcare Inc., appointing Joel Tremblay as its new CEO. Additionally, Sachs Alternatives fintech firm Aegis Hedging Solutions, with Greenbelt Capital Partners and Baird Capital exiting their stakes.

Monomoy and Hg Drive Deal Activity

advanced sale for concrete manufacturer Cast-Crete, which could be valued at up to $850 million, reflecting a median 14x EV/EBITDA multiple for building products companies. Elsewhere, Hg is backing UK proptech company Street Group with plans to enhance its AI capabilities, following a growth investment at a valuation exceeding £200 million. Hg also this growth investment in Street Group, which provides vertical software and AI tools for UK estate and letting agents.

Health and Technology Consolidations in Focus

Truehelm-backed Wildflower maternity and women’s pelvic health platform Every Mother. Asset-backed Mindoula Janus Healthcare Partners and Valera Health, focusing on engaging hard-to-reach individuals and families within healthcare organizations. Partners investing in flavor maker Custom Flavors, serving the protein & nutrition, gummies & nutraceuticals, functional food & beverage, and better-for-you snack industries.

AI and Tech Sector Valuations and Investments

Menlo Ventures' the unprecedented growth of AI startups, noting Anthropic's leap to a $47 billion revenue run rate. Guest columnist Nigel argues that the global financial value chain, drastically reducing operating costs and enabling personalized products. In June the Crunchbase Unicorn Board, adding over $110 billion in value, with 10 AI labs accounting for $65 billion of that valuation. Despite this growth are being considered.

Sports and Government Technology Investments Emerge

Giants QB insights on investing in sports, discussing his role with BBQGuys and Brand Velocity Group's investment in RCX Sports. Manning also how youth sports provided critical life lessons influencing his investment approach. Concurrently, Enlightenment Capital, Align Capital, and TA are leading private equity's foray into government technology.

Investor Allocations and Secondaries Market Activity

allocations stabilized in the first half of 2026, with 67% of investors keeping allocations unchanged, according to PEI's H1 2026 Investor Report, indicating increased caution. In the secondaries market, Townsend raised $2 billion for real estate secondaries, with $1 billion already deployed, focusing on data center investments. Furthermore, secondaries investors are running evergreen vehicles, with this capital increasingly deployed across a broader set of opportunities.

Deal Flow and Firm Appointments

Inflexion is taking a minority stake in Salto Systems, a designer and manufacturer of electronic access control technology. Madison River in construction firm Pro-Max to support its expansion and service capabilities. Crest Rock in civil contracting firm Andrew Site Work, which performs retrofit, installation, and emergency repair activities. In terms of personnel Karim Bousta as investment partner and appointed Francesca Cornelli to the Athena Council. KKR tapped Roy Gori as a senior advisor to focus on strategic opportunities in global financial services and insurance, particularly in Asia Pacific.

Layoffs and Market Benchmarking Under Review

workers U.S.-based were laid off in 2025, with continued cuts into 2026. Separately, Alaska Permanent a review of its private equity benchmark, with concerns raised about the inclusion of a 12% private debt allocation and the exclusion of energy investments.