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Private Equity 24 Hours

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6 articles summarized · Last updated: LATEST

Last updated: July 25, 2026, 8:30 PM ET

Dealmaking and Valuations

Elon Musk's Boring Company is reportedly raising funds at a $20 billion valuation, signaling continued interest in the tunneling startup. In a separate transaction, Bluestone Equity Partners led a $55 million growth round for cue sports platform Poolhouse, the tenth deal from its inaugural $350 million fund. Meanwhile, Perpetual rejected a raised A$2.5 billion approach from EQT, citing a persistent price gap, marking the second rejection of the Swedish firm.

Fund Realizations and Extensions

Shore Capital its first real estate fund with the $268 million sale of a veterinary portfolio to Four Corners Property Trust, marking a full realization for its inaugural fund. In a separate development, Blackstone Infrastructure extended the merger deadline for TXNM Energy to May 2027, allowing more time to secure outstanding regulatory approvals in New Mexico.

Sports Investments

Blue Owl into the Cleveland Cavaliers, highlighting the growing trend of private equity investment in professional sports franchises.