Private Equity 8 Hours

Last updated: July 15, 2026, 2:30 PM ET

Dealmaking and Financing Activity

Private equity firms remain active across various sectors, with significant deal announcements and financing packages shaping the market. Apollo Global Management is reportedly in advanced discussions to provide nearly $3 billion in financing for the New York Yankees. In the technology realm, Verdane has acquired a portfolio of minority stakes in technology businesses from bp, while acquired tech sourcing firm One Connect, and Caltius invested in Saa S Consulting Group. Francisco Partners is nearing a $1.3 billion buyout of construction software maker Command Alkon, and Ares Management completed its $1.7 billion take-private of Whitestone REIT. Elsewhere, Mutares sold Finnish remediation firm Redo to Invex Group.

In the realm of technology and AI, Hellman & Friedman, and Anthropic have launched a new AI services provider called Ode with Anthropic, securing substantial backing from firms including Apollo Global Management, General Atlantic, GIC, Goldman Sachs, Leonard Green, and Sequoia Capital. This follows a broader trend of private equity firms teaming up with. Meanwhile, KKR is marketing Europe's first debt deal backed by PayPal's buy now, pay later loans. Robotics startup Monumental has raised $32 million, with backing from Khosla Ventures.

Fundraising and Investment Strategies

The secondaries market is experiencing a surge in activity, driven by rising investor confidence in real estate. Louisiana Teachers' is exploring a secondaries sale to reduce its private equity allocation and increase liquidity. Credit manager Serone has launched a buyout secondaries strategy, bolstering its team with hires from Ardian and UBS. High Vista has also tapped Ramit Malhotra as principal for its GP-led secondaries team, extending its private equity investing capabilities. Carlyle Alp Invest has closed its second single-asset-focused fund at $1.7 billion, surpassing its target and predecessor fund.

Sector-Specific Investments and Exits

Private equity's impact on institutional investors' returns is notable, with the California Public Employees' Retirement System posting a preliminary net investment return of 14.8% for the year ended June 30, 2026, with private equity as a key contributor. EQT has sweetened its bid for Australian fund manager Perpetual to A$22.07 a share after its initial approach was rejected. VSS is exiting tech services company Centroid Systems, while are selling Stat Lab Medical Products to Leica Biosystems. In infrastructure is set to acquire commercial solar power firm Summit Ridge. Cutting Edge has acquired the music rights and royalties of TV/film composer Brian.

Tech Layoffs and Venture Capital Trends

The tech industry continues to grapple with significant layoffs, with over 127,000 workers at U.S.-based tech companies having been laid off in 2025, a trend that has persisted into 2026. In venture capital, fintech funding surged 23% in the first half of 2026, with a notable concentration of investments in AI and financial infrastructure, even as deal counts fell. Corporate venture capital appears to be consolidating, with a focus on larger.