Private Equity 8 Hours

Last updated: July 23, 2026, 8:30 PM ET

Dealmaking & Portfolio Moves

Blackstone is set to divest its battery storage developer Aypa Power to Brookfield for $7 billion, a transaction that includes Aypa's operational, under-construction, and contracted projects, along with its development platform agreed to sell. In a separate transaction, Matador Resources Company is acquiring EnCap-backed Paloma Permian for nearly $1.3 billion, which also encompasses undeveloped acreage in West Texas and Southeast New Mexico from Ridge Runner Resources agreed to acquire. Meanwhile, New Spring-backed Vybe Urgent Care has expanded its footprint by acquiring two Liberty Urgent Care centers in Pennsylvania announced an acquisition.

Fund & Investment Strategies

Questions are being raised about incentive structures within private equity when executives' personal net worth significantly dwarfs potential carry payouts addressing alignment. In the realm of continuation funds, while lenders and buyers are becoming more amenable to leverage, disagreements persist regarding its appropriate application and timing exploring leverage. Decathlon has also made an investment in health tech firm Health Endeavors announced an investment.