Private Equity 3 Hours

Last updated: July 30, 2026, 2:30 PM ET

Cleantech and Health Tech Draw Major Investment

Battery storage startup Antora Energy has round, positioning it as one of the year's largest cleantech financings, with plans to deploy large-scale projects amid rising AI-driven energy demand. In the health sector, Function, a health testing platform offering over 100 blood tests via yearly subscription, secured $450M from General Catalyst. The European Union has also scheme to support AI gigafactories.

Private Equity Firms Report Strong Fundraising and Exits

Blue Owl Capital is nearing the close of its latest GP stakes fund at $10.6 billion, with the vehicle expected to finalize this year. KKR reported its, generating $848 million in realised performance income with exit multiples reaching as high as 20x, countering broader industry anxieties. CVC Capital Partners is also aiming for a third-quarter close on its sixth secondaries fund, having raised $9.3 billion to date for the vehicle.

Secondary Markets and Asian Opportunities

HIG Capital is preparing to sell industrial services firm JT Thorpe to Truelink Capital, having originally acquired the company in 2022. Meanwhile, the concentration of capital in Asia's large-cap private equity space may present lucrative opportunities for general partners capable of raising smaller amounts of capital further down the market.