Private Equity 3 Hours

Last updated: May 13, 2026, 11:30 AM ET

Private Equity Dealmaking & Exits

American Securities is exiting its investment in the processing equipment sector, agreeing to sell CPM to Rosebank Capital for $2.1bn after holding the stake since 2018. This transaction follows a scaled-back listing by another major sponsor, with KKR-backed Global Medical Response pricing its initial public offering below the expected range to raise $479M in a New York debut valued at $3.3bn. Elsewhere in deal flow, Eir Partners has backed life science technology firm Quartz Bio, which specializes in providing sample and biomarker intelligence for clinical-stage biopharma companies.

Fundraising & Strategy Shifts

Blackstone is reportedly laying the groundwork for the third vintage of its long-dated private equity strategy, signaling continued confidence in extended hold periods for buyouts. In the secondary market, Cambridge Associates is increasing focus on credit secondaries and specialty lending, anticipating fast growth among its Asian wealthy client base and a sustained rise in allocations to private credit. Meanwhile, the advisory space is consolidating, as evidenced by Lazard’s agreed acquisition of Campbell Lutyens, with future co-CEOs Holcombe Green and Gordon Bajnai signaling strategic alignment for future growth.

Venture Capital & Technology Backing

Venture activity continues in specialized technology sectors, with Accel and Thiel’s Founders Fund co-leading a $220M raise for Fractile. In niche AI applications, the startup Saile secured $2.2M in pre-seed funding to develop an AI-powered platform that helps physicians manage credentialing and find side job opportunities. These investments contrast with ongoing legal scrutiny in generative AI, as the voice synthesis firm ElevenLabs faces a fresh lawsuit concerning the unauthorized use of voices belonging to Pulitzer and Emmy-winning journalists.

Industry Events & Sector Focus

Firms continue to explore niche verticals and strategic partnerships, with reports indicating that TPG, Advent, Bain Capital, and Brookfield are teaming up with OpenAI. Separately, William Blair is positioning itself to capture General Partner (GP) and Limited Partner (LP) stakes within the sports investment sector. Industry professionals are preparing for key gatherings, including the return of DACH's Largest Private Equity Conference in Munich this September, while the broader technology market is adjusting to current conditions, as suggested by the structure of TechCrunch Disrupt 2026, which features 200+ sessions across six stages designed for today’s tougher startup market.