Private Equity 3 Hours

Last updated: May 28, 2026, 2:31 PM ET

Fundraising & Valuations

Insurance technology company Corgi secured $106 million in Series B1 funding at a $2.6 billion valuation, doubling its worth from just three weeks prior when it announced a $160 million Series B. The rapid repricing comes amid renewed investor appetite for fintech plays despite market volatility. Meanwhile, sustainable infrastructure investor Actis reached $2.5 billion at first close of its $6 billion flagship energy fund, reflecting strong institutional demand for ESG-focused vehicles as General Atlantic's private equity arm accelerates deployment. In secondary markets, senior executives are mounting a defense of mark-up practices following public skepticism about valuation methodologies, arguing that premium pricing reflects genuine value creation rather than artificial inflation.

Deal Activity

Bain Capital agreed to sell Estia Health to Stonepeak barely six months after acquiring the Australian aged-care operator in December 2023, signaling a swift exit in the healthcare services sector. The transaction values Estia at approximately what Bain paid, marking a rare quick flip in the current market environment. Separately, Advaya Capital acquired Comscore Movies in a corporate carveout from the Reston-based media analytics firm, consolidating box office data capabilities under private ownership as streaming and theatrical revenues recover post-pandemic.

Market Infrastructure

External fundraisers continue supporting emerging managers and fueling growth in the lower and mid-market segments, according to the latest placement agent rankings. Despite technological advances in capital raising, traditional intermediary networks remain essential for smaller funds lacking established investor relationships. The persistence of placement agents reflects ongoing challenges in direct investor outreach across diverse geographic markets and investor bases.

Technology Ecosystem

European founders are increasingly scaling companies domestically rather than immediately relocating to Silicon Valley, positioning Paris as perhaps the most important AI hub outside the United States. This shift suggests maturation of Europe's venture ecosystem and reduced brain drain to American tech centers. Concurrently, Oxford academic Carissa Véliz warns that predictive AI systems pose significant dangers including discrimination and privacy violations, adding to regulatory concerns surrounding artificial intelligence deployment across financial services and healthcare sectors.

Events Calendar

StrictlyVC arrives in Los Angeles on June 18 for networking sessions and fireside chats featuring executives from Mach Industries and Shinkei Systems, highlighting California's continued role as a private equity dealmaking and innovation nexus despite East Coast concentration of many large funds.