Private Equity 24 Hours

Last updated: August 7, 2026, 8:44 PM ET

Mega Deals & Fundraising

Carlyle has acquired a minority stake in Prime Capital Financial from Abry Partners, exiting one of the fastest-growing US wealth platforms with $50bn in AUM after three years of concentrated growth. In the largest private credit transaction of its kind, Pantheon bought $523m of BlackRock TCP Capital’s private credit book via a landmark BDC continuation vehicle. Wise Equity signed a deal to acquire a majority stake in E-Pharma Trento, a CDMO that may pursue bolt-on acquisitions for new technologies. Eir Partners invested in ClaimsBridge and supported its add-on acquisition of Dialysis PPO, aiming to scale the platform organically and through M&A. On the UK take-private front, ‘bear hugs’ are on the rise as Partners Group agreed to buy a majority stake in AVK Power Solutions, a provider of power systems for data centers and AI infrastructure. Separately, Nordic Capital sealed an $800m take-private of BWXT’s nuclear medicine business, highlighting PE appetite for radiopharmaceuticals. Bernard Arnault appointed Aymeric Le Clere as chairman and CEO of Financière Agache, the €3.1bn holding vehicle that anchors control of LVMH.

Healthcare & Workforce Services

Private equity is doubling down on technology-driven healthcare workforce services. Accel-KKR, Bain, Knox Lane and LLR Partners are among eight firms transacting in the space, seeking to improve staffing efficiency amid labor shortages. Accel-KKR, Bain and Knox Lane specifically are betting on clinical workforce services platforms that leverage technology to optimize scheduling and compliance.

Infrastructure & Secondaries

The single-asset secondaries market in infrastructure is blooming, shifting from a liquidity tool to a primary access strategy. However, discipline, alignment and entry valuations remain critical to ensuring buyers secure good deals, according to Stafford’s William.

European VC & Startup Scene

July saw no summer slowdown for active startup investors, with three companies securing funding rounds of $1bn or more in a week of oversized checks across AI, fintech and healthcare. Familiar names like Khosla Ventures and Y Combinator topped the rankings of most prolific venture dealmakers in July. A16z continues to expand its European footprint, with over 30 venture scouts now hunting for deals across the continent. For younger talent, partners across Europe have identified the top junior VCs to watch in the current fundraising environment. Meanwhile, Lendable is chasing a superapp vision despite capacity constraints, with management saying they are “more constrained by capacity than ideas”. On the university spinout front, Queen Mary University of London spinouts are looking to raise venture capital. However, not all is well at scale-ups: Pleo is facing a culture crisis marked by an executive exodus, unhappy staff and sale speculation.

Asset Management & Private Credit

Allianz posted record operating profit in Q2, driven by €39bn in asset management net inflows as PIMCO and AGI pushed third-party AuM to a record €2.16tn. The standout contribution came from the asset management arm, underscoring strong demand for fixed-income and private credit strategies.