Private Equity 8 Hours

Last updated: June 15, 2026, 5:31 PM ET

Large Deals & Exits

Private equity giants closed a $35 billion credit facility to fund Anthropic's AI chip development, marking one of the largest private credit transactions this year as major firms chase artificial intelligence infrastructure opportunities. Morgan Stanley exited Brazos Delaware II for $1.6 billion at an 8x EBITDA multiple based on 2027 projections, while Advent-backed Nuvei acquired Payoneer in a $2.75 billion take-private transaction that consolidates two major payment processing platforms. H.I.G. Capital completed the sale of contract research organization Celerion to THL Partners for $1.8 billion, reflecting continued strong demand for clinical pharmacology assets.

Healthcare & Life Sciences

Abry Partners raised an oversubscribed $780 million continuation vehicle for Centauri Health Solutions, enabling the Boston-based firm to retain one of its premier healthcare holdings amid sector consolidation. A new healthcare sector spotlight from PE Hub features insights from major investors including Bain Capital, EQT, and Permira on navigating tech transformation and reimbursement challenges. Meanwhile, Prime Radiant Partners committed $50 million in growth equity to Cellares for its inaugural investment, signaling renewed private equity interest in life sciences automation.

Growth & Expansion

Otro Capital invested in University of Utah's Crimson Brand Partners to manage commercial operations across athletics and the broader university, representing an unusual convergence of private equity and collegiate sports marketing. L Catterton entered exclusive talks for a stake in Hyrox, the extreme fitness brand backed by LVMH, as the firm seeks exposure to boutique fitness concepts gaining traction globally. Littlejohn-backed Ardurra acquired Kelly Engineers, building upon the company's recent Northeast expansion strategy and adding engineering capabilities to its infrastructure services portfolio.

Fundraising & Secondaries

CalPERS appointed new leadership to oversee its $250 billion alternatives portfolio amid ongoing discussions about evergreen fund alignment with investor interests, while secondaries investors demonstrated measured enthusiasm for software-as-a-service opportunities. Argosy doubled its fund size through a $145 million raise, with its small-deal-focused secondaries unit targeting investments between $100,000 and $10 million as institutional demand grows for niche private equity exposure.