Private Equity 3 Days

Last updated: May 28, 2026, 5:32 PM ET

Private Equity Fundraising & Capital Formation

Private equity firms continue to attract substantial capital despite market volatility, with Actis securing $2.5 billion at the first close of its $6 billion flagship energy fund, while Seine Capital exceeded its debut target by 20%. The momentum extends to mid-market strategies as Eurazeo landed over €1 billion in commitments for PME V, matching the final size of its predecessor fund in a single tranche. External fundraising specialists are playing an increasingly vital role, with placement agents raising $82 billion for GP clients last year, underscoring their importance in navigating challenging market conditions.

Strategic Acquisitions & Platform Expansion

Deal activity remains robust across diverse sectors, as firms deploy capital to consolidate fragmented markets. Modella Capital's acquisition of Flying Tiger Copenhagen represents the firm's most ambitious move yet to build an international high-street platform, while Fortress's purchase of IPValue brings over 20,000 technology patents under private equity ownership. In healthcare, Frazier acquired behavioral health pharmacy Altruix serving patients with severe mental illness and substance use disorders, and New Mountain-backed Swoop snapped up prescription management platform Nimble to expand its healthcare engagement capabilities. The industrial sector saw Arsenal's planned acquisition of specialty hook provider Velco, with the Cripps Foundation maintaining a significant minority stake post-close.

Technology & AI Infrastructure Investment

Artificial intelligence continues driving private equity strategy, with I Squared Capital committing $1 billion to launch a US data center platform targeting AI inference workloads. EQT's partnership with Google Cloud will accelerate AI adoption across more than 300 portfolio companies through access to Google's agentic AI platform. Meanwhile, Triomics secured $22 million in Series B funding led by Battery Ventures to bring oncology-specific AI to cancer centers, and ClickHouse tripled annualized revenue to $250 million while charting a path toward IPO. European AI ambitions are crystallizing as Mistral struck deals with BMW and Airbus in its industrial AI push, building on the company's billion-dollar bet to create Europe's AI cloud alternative.

Healthcare & Special Situations

Healthcare private equity maintains its strong trajectory, with Blackstone Life Sciences agreeing to a $1.3 billion strategic financing package with Apogee Therapeutics combining royalty and debt components. Bregal Sagemount backed health tech firm LSPedia, supporting product innovation and global expansion, while ACP acquired medical tech firm Heritage Imaging with CEO Dr. Steve Coppess continuing to lead the company alongside existing management. Prospect Capital's sale of Valley Electric to MYR Group for $328 million is expected to close around July 1, 2026, demonstrating continued exits in essential infrastructure assets.

Personnel Moves & Leadership Changes

Executive movement reflects evolving firm strategies, as Ardian appointed Mark Benedetti as co-CEO after 20 years at the firm, where he has chaired the executive committee since September 2023. Omni Partners hired Roald Hunvik as partner, marking its first personnel expansion outside the UK in Oslo. Transom brought Jeff Haight aboard as operating partner to oversee value creation initiatives across select portfolio companies, while EIV Capital promoted Jason Tracton to partner after joining as managing director in September 2022. These moves come amid Arsenal tapping Bradley Brown as investment partner to develop industrial technology strategies.

Geographic Expansion & Market Entry

European private equity activity shows particular strength, with KKR opening a Milan office marking a significant step in the firm's localization strategy across Europe. Tikehau Capital appointed Guillaume Arnaud as head of France