Private Equity 24-Hour Briefing
×Last updated: October 27, 2026, 3:40 PM ET
Mega-Fund Fundraising
Advent closed $30bn peinsights.substack.com across its global fund complex, with its 11th flagship GPE XI beating target and a new mid-market fund debuting alongside it. Disruptive raised $10bn techcrunch.com for large positions in at least 10 companies, with a focus on AI and defense.
Deals and Financing
Ares Capital agreed to acquire peinsights.substack.com Mid Cap Financial Investment Corporation in a $2.6bn deal, a transaction tied to an Apollo-managed vehicle. OMERS bought a minority stake in Brookfield-backed Australian alternative asset manager La Trobe Financial. CVC DIF took a majority stake peinsights.substack.com in Spanish shipyard Cernaval in Algeciras. Blackstone took a second lien peinsights.substack.com in a $63bn financing package for Anthropic's Broadcom compute deal, alongside Bank of America, Citi and Morgan Stanley.
Venture and AI
Venture funding to robotics startups surged 185% news.crunchbase.com in the third quarter, with the US and China leading the physical AI push. Sequoia and General Catalyst reportedly valued an AI startup sifted.eu founded by an ex-police chief at $400m. Europe's fintech founders are turning to AI sifted.eu for a second act, while Crunchbase argues AI agents need operational oversight news.crunchbase.com as they take on regulated roles.
Secondaries and Investor Scrutiny
The GP-led secondaries boom is straining limited partner capabilities pei-secondariesinvestor.com, according to CF Private Equity. Meanwhile, Nik Storonsky has warned founders sifted.eu about the influence venture capitalists can wield over their companies.
Coming Up
Europe's Q3 2026 startup funding tally, covering 55 rounds and $511bn in total, is laid out in detail sifted.eu.