Private Equity 3 Hours

Last updated: May 18, 2026, 11:31 AM ET

Energy & Infrastructure

Private equity giants secured major financing for the Commonwealth LNG export facility in Louisiana, closing $9.75 billion in project financing with anchor investments from Kimmeridge, CPP Investments, and Mubadala as Caturus reached final investment decision. Meanwhile, Next Era Energy agreed to acquire Dominion Energy in an all-stock transaction valued at $66.8 billion, marking another significant private capital reshaping of the U.S. power sector.

Technology & AI

Sequoia Capital led a $40 million investment in Dust, an AI agents scaleup, as venture capital continues flowing into artificial intelligence infrastructure despite broader market volatility.

Asset Class Trends

Compensation for secondaries specialists lagged behind the broader alternatives industry in 2025, with median pay reaching $739,000 compared to $800,000 for other alternative talent pools, according to Jensen Partners' latest compensation report.

Global Expansion

Private equity firms pursued diversified geographic strategies, with Bain's latest mega-fund underscoring APAC's multi-faceted appeal, Vista opening a Middle East outpost despite regional headwinds, and Andreessen Horowitz reportedly eyeing Japanese defense opportunities. Meanwhile, PE firms continued targeting specialized assets including music rights, with recent high-profile acquisitions including Tina Turner's catalog, while Sverica prepared to sell its agentic Win Wire to NTT Data.