Private Equity 3 Hours

Last updated: August 3, 2026, 8:33 AM ET

Infrastructure and Energy Deals

KKR has agreed to acquire a 50% stake in a 1.2 GW portfolio of onshore solar and wind assets across Europe from Total Energies. (REF:1) This deal involves KKR deploying insurance capital into the €1.8 billion renewables portfolio.

Venture Capital Funding and AI Focus

Menlo Ventures' Matt Murphy indicated that artificial intelligence is driving the firm toward larger deal sizes. (REF:2) The firm is looking to deploy its new $3 billion in capital into promising AI ventures. (REF:2) June, a startup focused on simplifying AI adoption, has emerged from stealth with a $20 million pre-seed funding round. (REF:7) James Dacombe's Olix has achieved a valuation of $3.3 billion. (REF:4)

Private Equity Exits and New Ventures

Permira has partially exited its investment in sustainable fashion brand Reformation through its initial public offering. (REF:6) Reformation and its shareholders raised $210.9 million in the IPO, which was priced at the lower end of its projected range. (REF:6) Cortec is reportedly preparing to launch a sale process for A1 Garage Door Service. (REF:3) Cortec had previously invested in A1 Garage Door Service in 2019 and supported at least 17 add-on acquisitions since then. (REF:3)

Investor Strategies and Networking Platforms

New York State Teachers' Retirement System (NYSTRS) has outlined its private equity pacing strategy for fiscal year 2027. (REF:5) NYSTRS intends to commit up to $2.7 billion to the private equity asset class during that fiscal year. (REF:5) PE Club founded by Nicolas Paulmier, is transforming former private equity executives' networks into a platform for limited partners (LPs). (REF:8) The firm's LPs typically consist of serial entrepreneurs, ex-CEOs, and partners or former partners from major European private equity firms. (REF:8)