Private Equity 24-Hour Briefing
×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 pehub.com 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 pehub.com Salsify, a firm with a customer network exceeding 2,000. Within healthcare technology pehub.com Cross Country Healthcare Inc., appointing Joel Tremblay as its new CEO. Additionally, Sachs Alternatives pehub.com fintech firm Aegis Hedging Solutions, with Greenbelt Capital Partners and Baird Capital exiting their stakes.
Monomoy and Hg Drive Deal Activity
advanced sale pehub.com 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 pehub.com UK proptech company Street Group with plans to enhance its AI capabilities, following a growth investment at a valuation exceeding £200 million. Hg also pehub.com 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 pehub.com maternity and women’s pelvic health platform Every Mother. Asset-backed Mindoula pehub.com Janus Healthcare Partners and Valera Health, focusing on engaging hard-to-reach individuals and families within healthcare organizations. Partners investing pehub.com 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' techcrunch.com the unprecedented growth of AI startups, noting Anthropic's leap to a $47 billion revenue run rate. Guest columnist Nigel argues that news.crunchbase.com the global financial value chain, drastically reducing operating costs and enabling personalized products. In June news.crunchbase.com the Crunchbase Unicorn Board, adding over $110 billion in value, with 10 AI labs accounting for $65 billion of that valuation. Despite this growth sifted.eu are being considered.
Sports and Government Technology Investments Emerge
Giants QB pehub.com insights on investing in sports, discussing his role with BBQGuys and Brand Velocity Group's investment in RCX Sports. Manning also pehub.com 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 privateequityinternational.com 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 secondariesinvestor.com $2 billion for real estate secondaries, with $1 billion already deployed, focusing on data center investments. Furthermore, secondaries investors secondariesinvestor.com are running evergreen vehicles, with this capital increasingly deployed across a broader set of opportunities.
Deal Flow and Firm Appointments
Inflexion is taking pehub.com a minority stake in Salto Systems, a designer and manufacturer of electronic access control technology. Madison River pehub.com in construction firm Pro-Max to support its expansion and service capabilities. Crest Rock pehub.com in civil contracting firm Andrew Site Work, which performs retrofit, installation, and emergency repair activities. In terms of personnel pehub.com Karim Bousta as investment partner and appointed Francesca Cornelli to the Athena Council. KKR tapped pehub.com 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 news.crunchbase.com were laid off in 2025, with continued cuts into 2026. Separately, Alaska Permanent privateequityinternational.com 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.