Private Equity 8 Hours

Last updated: July 3, 2026, 2:30 PM ET

Private Equity Dealmaking & Investments

Blackstone's private wealth fund achieved its strongest-ever monthly return, driven significantly by its investment in AI developer Anthropic. This performance underscores the growing influence of AI stakes in boosting private equity fund returns for high-net-worth individuals. In a separate development, Eurazeo has exited its Spanish hotel portfolio, FST Hotels, selling to Extendam, a European firm specializing in hospitality private equity. This transaction signifies ongoing portfolio adjustments within the European hospitality sector.

Meanwhile, the Town of Wellesley is actively seeking an investment consultant for its retirement board and Other Post-Employment Benefits trust, issuing a request for proposals. This move indicates a standard governance process for managing public pension assets. Elsewhere, venture capital firms backed by ETCI are reportedly split over a proposed strategy to restrict non-European investments, pointing to potential internal disagreements within the VC community regarding geographical investment focus.