Private Equity 24-Hour Briefing
×Last updated: July 25, 2026, 5:30 PM ET
Infrastructure and Valuations
Elon Musk's Boring Company is reportedly raising new funding at a $20 billion valuation, signaling continued investor interest in infrastructure ventures. In a separate deal, Blackstone Infrastructure extended the merger deadline for TXNM Energy to May 2027, seeking to secure outstanding regulatory approvals.
Fund Deployments and Exits
Bluestone Equity Partners led a $55 million growth round for cue sports platform Poolhouse, marking the tenth deal from its $350 million inaugural fund. Meanwhile, Shore Capital successfully exited its first real estate fund by selling a 102-property veterinary portfolio for $268 million.
M&A Activity and Sports Investments
Swedish firm EQT saw its A$2.5 billion takeover approach for Australian wealth manager Perpetual rejected again due to a persistent price gap. In sports, Blue Owl acquired a stake in the Cleveland Cavaliers, highlighting the growing trend of private equity investment in professional sports franchises.