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6 articles summarized · Last updated: LATEST

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.