Private Equity 8 Hours

Last updated: June 10, 2026, 8:31 PM ET

Private Equity Deal Flow

Med-Metrix struck a deal to acquire Can Aide, a Medicaid eligibility services provider backed by HCAP Partners, expanding its healthcare technology footprint. Separately, HGGC and WPCG invested in wealth management firm Crewe Advisors, with management retaining majority control and operational leadership. In a major fundraising push, Ares Management secured $12.7 billion for asset-based finance through its Pathfinder III strategy, which closed at its $8.5 billion hard cap. Meanwhile, Apollo adjusted terms on a $1.15 billion Shutterfly junk bond, offering concessions to assuage credit investors concerned about AI disruption and the company's widening losses.

AI Investment Landscape

Google DeepMind selected a cohort of startups for its inaugural robotics accelerator program, signaling intensified corporate venture activity in the sector. This comes as London's AI talent war intensifies with Cursor, Legora, and Lovable expanding operations and competing for scarce specialized engineers. The surge in AI-focused hiring contrasts sharply with continued tech sector layoffs, where over 127,000 U.S. workers have been cut in 2025 amid ongoing workforce reductions into 2026. Private equity firms are positioning capital toward AI-driven businesses while the sector simultaneously experiences both aggressive expansion and significant workforce contraction.