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6 articles summarized · Last updated: LATEST

Last updated: July 25, 2026, 11:30 PM ET

Infrastructure and Valuations

Elon Musk's Boring Company at a $20 billion valuation, signaling continued investor interest in disruptive infrastructure ventures. In a separate development, Blackstone Infrastructure Partners extended the merger deadline for TXNM Energy to May 2027, allowing more time for regulatory approvals.

Fund Deployment and Exits

Bluestone Equity Partners led a $55 million growth round for cue sports platform Poolhouse, marking the tenth deal from its inaugural $350 million fund. Meanwhile, Shore Capital announced a successful exit, realizing its first real estate fund with the $268 million sale of a 102-property veterinary portfolio to Four Corners Property Trust.

M&A Activity and Sports Investments

Australian wealth manager Perpetual rejected EQT's raised A$2.5 billion approach for the second time, citing a persistent price gap. In sports, Blue Owl is reportedly buying into the Cleveland Cavaliers, underscoring the growing trend of private equity investment in professional sports franchises.