Private Equity 8 Hours

Last updated: May 18, 2026, 5:30 AM ET

Private‑Equity Moves

L Catterton’s exit of Everlane transferred the U.S. apparel brand to Shein for roughly $100 million, a stark discount that underscores the tightening valuations for direct‑to‑consumer assets amid slowing consumer spending. In parallel, investors’ influx into DeepMind alumni funds has reached the multi‑billion‑dollar level, reflecting confidence that former Alphabet AI talent can generate outsized returns across fintech, health‑tech and enterprise software. Meanwhile, a report on bio‑hacking venture gaps highlighted that women comprise less than 20% of founders in the sector, raising concerns that the rapidly expanding $10 billion bio‑tech investment pool may overlook diverse talent and limit long‑term innovation.