Private Equity 3 Days

Last updated: July 22, 2026, 8:30 PM ET

Infrastructure and Credit

Partners Group closed its fourth direct infrastructure program above $15 billion, marking its largest infrastructure raise to date and exceeding its predecessor vintage by over 50%. The fund is already more than 40% committed. Elsewhere, Apollo is targeting up to $20 billion for private credit deployment in Mexico, focusing on infrastructure build-out driven by nearshoring trends. In a significant energy infrastructure deal to power projects owned by Williams, taking a 49% non-controlling interest in five projects.

Fundraising and Investor Activity

allocations stabilized in the first half of 2026, with 67% of investors keeping allocations unchanged amid increased caution. Investor intentions show Worcester Retirement System is, as is San Joaquin County Employees' Retirement Association. Secondaries volume in the first half of 2026, with Jefferies noting the remarkable performance despite recent market volatility. Secondaries fundraising in the first six months, with the first quarter accounting for the bulk of activity. Townsend has, deploying $1 billion of its latest fund with an early focus on data centers. Clipway reached $6.4 billion for its debut fund, surpassing its initial $4 billion target. More than half of secondaries investors are, a trend that Evercore notes is broadening across the market.

Technology and AI Investments

highlighted unprecedented of AI startups, citing Anthropic's leap to a $47 billion revenue run rate. AI continues to be a dominant theme, with in June, collectively adding over $65 billion in value. Guest columnist Nigel the global financial value chain, reducing marginal operating costs and enabling personalized products. European fintech for investment. Dell Technologies Capital's Daniel Docter, asserting the business model is not headed for extinction. Natural has for AI agents, aiming to compete with Stripe. Inference startup Infinity at a $100 million valuation from investors including OpenAI and Anthropic researchers. CuspAI has to accelerate AI materials discovery.

M&A and Portfolio Company Activity

TJC is from Trilantic North America. Monomoy is reportedly in an, which could be valued at up to $850 million. Cinven is, which has over 2,000 customers. Wildflower Health, backed by Truehelm, has. Mindoula, backed by Equality Asset, has. Butterfly and Graham Partners are. Goldman Sachs Alternatives is, with Greenbelt Capital Partners and Baird Capital exiting. Madison River is to support its expansion. Knox Lane has. Crest Rock is. KPS Asia is. Paine Schwartz is to Truelink. Pelican Energy has. Brightstar is. Coalesce-backed Examinetics has. Greenbelt is. Bain Capital is. Wind Point-backed Assisi Pet Care has acquired Forthglade from IK Partners. I Squared-backed Liberty Tire Recycling has. Falfurrias has. PE-backed Premier Care Dental Management has. Searchlight and Abry have. Kayne Anderson and Warburg Pincus are to Magnolia Oil & Gas Corporation. RFE-backed LaunchPad has. O2-backed 4M has. Enlightenment Capital is. Hg is with plans to deepen AI capabilities, valuing the company at over £200 million. Apax Partners is. Carbyne-backed SuanNutra is. CapVest has. Kinderhook is. BGF is.

Sector Focus and Market Trends

Private real estate is as investors seek liquidity amid refinancing pressures and elusive exits. Tech valuations are facing scrutiny, with LPs following the 'Saaspocalypse'. The Crunchbase Tech Layoffs Tracker shows over 127,000 workers at U.S. tech companies were laid off in 2025, with layoffs continuing into 2026. In the sports sector, former NY Giants QB Eli Manning, having transitioned from investor to a full-time role with BBQGuys. He also discusses Brand Velocity Group's recent investment. In the financial services sector, Hellman & Friedman is moving Baker Tilly's $3 billion debt from private credit to the syndicated market. KKR has to focus on financial services and insurance opportunities in Asia Pacific.

Firm Moves and Deal Valuations

Partners Group closed its fourth direct infrastructure program above $15 billion. Apollo is targeting up to $20 billion for private credit deployment in Mexico. TJC is. Monomoy is in an, potentially valuing it at up to $850 million. Cinven is. Truehelm-backed Wildflower Health has. Equality Asset-backed Mindoula has. Revolut has in an employee share sale. Butterfly and Graham Partners are. Goldman Sachs Alternatives is. Madison River is. Knox Lane has. Crest Rock is. KPS Asia is. Paine Schwartz is to Truelink. Pelican Energy has. Brightstar is. Coalesce-backed Examinetics has. Greenbelt is. Bain Capital is. Wind Point-backed Assisi Pet Care has acquired Forthglade from IK Partners. I Squared-backed Liberty Tire Recycling has. Falfurrias has. PE-backed Premier Care Dental Management has. Searchlight and Abry have. Kayne Anderson and Warburg Pincus are to Magnolia Oil & Gas Corporation. RFE-backed LaunchPad has. O2-backed 4M has. Enlightenment Capital is. Hg is with plans to deepen AI capabilities, valuing the company at over £200 million. Apax Partners is. Carbyne-backed SuanNutra is. CapVest has. Kinderhook is. BGF is. Blackstone is nearing a $400 million exit deal for RGIS international. Apollo is in advanced talks over a $3 billion Yankees financing package. CVC DIF is acquiring a majority stake in Eco Eridania. Dimension Capital has raised $800 million for its third fund, showing growth in