Private funds raised a record $26B in 2025, new PitchBook data shows.

A new PitchBook analysis finds that valuations aren’t always backed by solid business fundamentals among the top private AI companies.

The company’s new rocket and its satellite internet business will be key to its growth and could justify its $1.5 trillion valuation.

Retail investors should have access to private markets, but the path to entry matters.

The agreement could help Meta ease its reliance on Nvidia for AI chips, while also aligning the two companies’ goals.

Democrat Mark Levine will oversee New York City’s $301.7 billion retirement system, which has struggled with PE underperformance and retaining investment staff

They’re hedging their bets by examining startups that do business with both governments and the private sector.

Trade wars signal a shift away from the globalization that has underpinned many VC strategies.

Liberty Mutual’s $100-billion-plus investment arm is transitioning its platform from fund commitments to direct and co-investments.

LP-led secondary transactions are getting bigger and bigger.

GP stakes investors say asset management consolidation doesn’t inflate prices in their market.

Apollo Global Management and Blackstone each reached nearly half a trillion dollars in perpetual capital assets last year.

Rockefeller Capital Management removed a 2021 case study detailing its DEI-driven shareholder engagement campaign, several ESG reports and its responsible investment policy, according to a PitchBook analysis using the internet archive.

Secondary funds with vintages later than 2015 haven’t returned more than 100% of the intial capital LPs committed—that’s slightly unusual.

Trump’s comparison to Saudi Arabia’s PIF raises concerns about the governance structure and funding sources for a potential state-backed fund in the US.

The $450 billion Canadian pension fund CDPQ opened the investor workspace, called Espace CDPQ, in 2016.

Several parties have made bids to acquire the U.S. business of the Chinese short-video app.

The New York State Common Retirement Fund committed $2.7 billion to PE funds in November 2024, most of which went to co-investment vehicles.