CPP Investments Bets $741M on India Data Centers: What Pension Funds Know That You Don't
Canada's largest pension fund just made its biggest single India bet. CPP Investments committed ₹70 billion, roughly $741 million USD, to CtrlS Datacenters, taking an 8.2% equity stake and a 48% posit
June 18, 2026
Odyssey Raises $310M at $1.45B: Amazon Is Betting on World Models, Not Just LLMs
On June 17, 2026, world model startup Odyssey closed a $310M Series B at a $1.45B post-money valuation, led by Natural Capital with participation from Amazon Web Services, AMD Ventures, GV, EQT, and I
June 18, 2026
UK PE Is Having a Record Exit Year. But Everyone Is Selling to Each Other.
UK private equity exits reached £20.9 billion ($28B) across 131 deals in the first four months of 2026, putting the market on track for a record year. According to PitchBook's analyst note, "UK Exit M
June 18, 2026
Altaris Takes Simulations Plus Private for $375M: What Healthcare PE Is Betting On
TL;DR: On June 16, 2026, Altaris Capital Partners announced a $375 million all-cash deal to take Simulations Plus (Nasdaq: SLP) private at $18.50 per share, a 26% premium to the 60-day volume-weighted
June 18, 2026
Earlybird and AVP Launch a €500M European Defence Fund. Here Is What That Signals.
Earlybird Venture Capital and AVP (formerly AXA Venture Partners, rebranded April 2025) have jointly launched E2D, a €500 million growth fund targeting European defence and dual-use technologies. Tech
June 18, 2026
LongRange Capital Buys Pizza Hut for $1.5B: What This Franchise PE Deal Reveals
The short version: On June 16, 2026, Yum! Brands announced a $2.7B two-part sale of Pizza Hut. LongRange Capital, a CalPERS-backed private equity firm founded by Bob Berlin, agreed to buy Pizza Hut ou
June 18, 2026
Subscription Credit Facilities: How Your PE Fund's Reported IRR Is Likely Inflated
The Short Version: Same Deal, 11 Points of IRR Apart Your PE fund buys a company for $100 million in month one and sells it for $200 million at month 36. If your GP called your capital at deal clos...
June 17, 2026
Chronograph Raises $140M From Sixth Street Growth: What Private Markets Data Infrastructure Means for LPs
Chronograph Raises $140M From Sixth Street Growth: What Private Markets Data Infrastructure Means for LPs TL;DR: On June 16, 2026, Chronograph announced a $140M+ minority growth equity investment f...
June 17, 2026
1031 Exchange: The Tax Deferral Strategy Every Real Estate Investor Needs to Know
TL;DR: You sell an investment property with a $1.2 million gain. At a combined federal rate of 23.8%, you owe $285,600 to the IRS. A properly executed 1031 exchange defers every dollar of that bill...
June 17, 2026
Private REIT vs. Public REIT: What the BREIT Gating Crisis Should Teach Every Investor
The Day Investors Discovered Their Money Was Locked In November 2022, Blackstone's non-traded REIT known as BREIT received $9.9 billion in redemption requests from investors who wanted their money ...
June 17, 2026
SEC's 2026 Exam Priorities Signal a New Era for Private Fund Oversight
TL;DR The SEC's Division of Examinations released its 2026 Examination Priorities in late 2025. For the first time since 2021, private fund advisers do not have their own standalone section. That d...
June 17, 2026
Vintage Year in Private Equity: Why Your Entry Timing Shapes Returns More Than the Manager
The 400-Basis-Point Gap Nobody Talks About Imagine you commit capital to the same private equity firm twice. Same GP. Same strategy. Same team. Two different years. One commitment earns a 16.58% ne...
June 17, 2026