Private Equity 3 Days

Last updated: May 30, 2026, 2:32 AM ET

AI Infrastructure & Technology Investing

Private equity firms are pouring capital into artificial intelligence infrastructure as the technology reshapes investment strategies. Anthropic secured $65 billion in its Series H round, while Apollo and Blackstone syndicated $36 billion in private credit financing for the company's AI buildout, marking one of the largest private credit deals on record. The AI inference market is drawing significant attention, with chipmaker Groq reportedly raising $650 million as it pivots from hardware to focus on refining AI model responses. Meanwhile, I Squared Capital committed $1 billion to launch a US data center platform targeting AI inference workloads and colocation services. In healthcare technology, Triomics raised $22 million in Series B funding led by Battery Ventures to bring oncology-specific AI to cancer centers.

Healthcare & Life Sciences Transactions

The healthcare sector continues to attract private equity investment across multiple sub-sectors. PE firms including AEA Investors, Bridgepoint and Kohlberg pursued oncology-related assets in six separate deals, reflecting sustained appetite for specialized medical companies. Blackstone Life Sciences provided up to $1.3 billion in royalty and debt financing to Apogee Therapeutics, supporting the company's drug development pipeline. Frazier acquired behavioral health pharmacy firm Altruix from Wind Rose, serving patients with severe mental illness and substance use disorders. In medical imaging, ACP purchased Heritage Imaging, with CEO Dr. Steve Coppess continuing to lead the company post-transaction.

Geographic Expansion & Platform Building

European and Asian expansion dominated personnel and strategic moves this week. EQT appointed Nicholas Macksey and Hari Gopalakrishnan as co-heads of its Private Capital Asia business, tasking them with deploying a record $15.6 billion regional fund. The Swedish firm also struck a partnership with Google Cloud to accelerate AI adoption across more than 300 portfolio companies. KKR opened a Milan office as part of its localization strategy across Europe, while Tikehau Capital appointed Guillaume Arnaud as head of France after his 17-year tenure at the firm. Omni Partners hired Roald Hunvik as partner in Oslo, marking its first appointment outside the UK.

GP Liquidity Solutions & Fund Structures

With exit markets remaining challenging, general partners are turning to creative liquidity solutions. British Columbia Investment Management launched a Capital Solutions Group within its private equity unit to provide financing to buyout firms facing prolonged exit shortages. Littlejohn completed a continuation fund for commercial building services firm Valcourt Group, with Carlyle Alp Invest serving as lead investor. The focus on operational execution came into focus as industry commentary emphasized that value creation success stems from disciplined execution rather than compelling theses alone. Legal costs for LP-led transactions remain substantial, with both buyers and sellers paying over $25,000 per fund interest for counsel services.

M&A Activity & Strategic Acquisitions

Deal flow remained steady across diverse sectors. MidOcean agreed to sell Zonda to CoStar Group in a transaction valued at undisclosed terms, while Bain Capital sold Estia Health to Stonepeak, exiting its December 2023 investment. Prospect Capital divested Valley Electric to MYR Group for $328 million, with closing expected in July 2026. In insurance services, Hg invested $500 million in Rightsline, a provider of rights and royalties management software, while Ambienta-backed No Dig Alliance acquired JS Drilling Solutions to expand underground pipe installation capabilities.

Strategic Partnerships & Credit Platforms

Credit and partnership strategies evolved across multiple firms. CVC Credit reinforced its position in Curium through a new debt and equity package supporting the Paris-based nuclear medicine specialist's refinancing. KKR and Capital Group prepared an Asia push with a public-private credit fund, marking their first move outside the United States under their hybrid credit franchise. Oaktree partnered with Pantheon to scale European lending with up to €1 billion in investment. In software, Main Capital acquired majority stake in Belgium's Ferranti, an international utility software provider.

Personnel Moves & Operating Partner Additions

Executive appointments signaled strategic shifts across firms. Quad-C named Ali Shams as managing director, who previously served as technology operating executive at HIG Capital. Transom appointed Jeff Haight as operating partner to oversee value creation initiatives across select portfolio companies. EIV Capital promoted Jason Tracton to partner after joining in September 2022 as managing director of EIV Resources. Carlyle named Ian Fujiyama as chairman of its US/Europe-focused midmarket platform, building on his expertise in ADG services.

High-Street Retail & Consumer Platforms

Modella Capital extended its UK high-street roll-up strategy with the acquisition of Flying Tiger Copenhagen, representing its most ambitious move yet to build an international retail platform. In landscaping services, Bregal Partners-backed Juniper Landscaping acquired Hilton Head Landscapes to expand geographic coverage. Straylight Capital invested in loyalty rewards provider Patron Points alongside Scaleworks. DigitalBridge agreed to acquire ArcLight Capital for $1.05 billion, with consideration including a base purchase price of $650 million plus up to $400 million in contingent payments.

Software & Technology Services

Technology-focused deals spanned multiple verticals. Main Capital-backed Xait acquired Germany's SAE, a software company offering CPQ and variant management services. Hg made a move in the rights and royalties sector with its Rightsline investment while Ambienta's No Dig Alliance expanded through the JS Drilling acquisition. Shore Capital-backed Ondex Automation acquired The Fitch Company, a Chicago-based discrete and process automation systems integrator. Fortress acquired IP licensing company IPValue, which has handled over 20,000 technology patents.

Alternative Investment Platforms

Alternative approaches to capital formation gained traction. Aequitas Invest built a funding portal for women-led businesses after founders Molly Huyck and Amie Konwinski identified barriers to capital access. ClickHouse tripled annualized revenue to $250 million, positioning the database provider for a potential IP