https://pitchbook.com/tag/commentary Commentary en-US Thu, 23 Apr 2026 05:15:28 GMT https://pitchbook.com/news/articles/digital-infrastructure-vehicles-shatter-fundraising-records Private funds raised a record $26B in 2025, new PitchBook data shows. Thu, 23 Apr 2026 05:15:28 GMT https://pitchbook.com/news/articles/digital-infrastructure-vehicles-shatter-fundraising-records https://pitchbook.com/news/articles/ais-giants-mostly-priced-on-promise A new PitchBook analysis finds that valuations aren't always backed by solid business fundamentals among the top private AI companies. Thu, 05 Mar 2026 17:24:07 GMT https://pitchbook.com/news/articles/ais-giants-mostly-priced-on-promise https://pitchbook.com/news/articles/spacexs-astronomical-ipo-valuation-not-so-crazy-under-certain-conditions The company's new rocket and its satellite internet business will be key to its growth and could justify its $1.5 trillion valuation. Tue, 03 Mar 2026 16:50:05 GMT https://pitchbook.com/news/articles/spacexs-astronomical-ipo-valuation-not-so-crazy-under-certain-conditions https://pitchbook.com/news/articles/the-problem-isnt-democratizing-private-markets-its-confusing-access-with-liquidity Retail investors should have access to private markets, but the path to entry matters. Wed, 25 Feb 2026 01:45:27 GMT https://pitchbook.com/news/articles/the-problem-isnt-democratizing-private-markets-its-confusing-access-with-liquidity https://pitchbook.com/news/articles/meta-inks-deal-with-amd-for-chips-and-equity The agreement could help Meta ease its reliance on Nvidia for AI chips, while also aligning the two companies' goals. Wed, 25 Feb 2026 01:01:13 GMT https://pitchbook.com/news/articles/meta-inks-deal-with-amd-for-chips-and-equity https://pitchbook.com/news/articles/nycs-new-comptroller-cant-solve-pension-funds-brain-drain Democrat Mark Levine will oversee New York City's $301.7 billion retirement system, which has struggled with PE underperformance and retaining investment staff Tue, 11 Nov 2025 20:00:00 GMT https://pitchbook.com/news/articles/nycs-new-comptroller-cant-solve-pension-funds-brain-drain https://pitchbook.com/news/articles/defense-startups-vc-dod-budget-priorities-dual-use They're hedging their bets by examining startups that do business with both governments and the private sector. Fri, 02 May 2025 19:04:17 GMT https://pitchbook.com/news/articles/defense-startups-vc-dod-budget-priorities-dual-use https://pitchbook.com/news/articles/future-venture-capital-startups-borders-tariffs Trade wars signal a shift away from the globalization that has underpinned many VC strategies. Thu, 10 Apr 2025 20:17:43 GMT https://pitchbook.com/news/articles/future-venture-capital-startups-borders-tariffs https://pitchbook.com/news/articles/have-a-co-investment-opportunity-call-liberty-mutual Liberty Mutual's $100-billion-plus investment arm is transitioning its platform from fund commitments to direct and co-investments. Wed, 26 Mar 2025 20:37:57 GMT https://pitchbook.com/news/articles/have-a-co-investment-opportunity-call-liberty-mutual https://pitchbook.com/news/articles/the-year-of-the-1b-secondary LP-led secondary transactions are getting bigger and bigger. Mon, 24 Mar 2025 19:05:56 GMT https://pitchbook.com/news/articles/the-year-of-the-1b-secondary https://pitchbook.com/news/articles/why-gp-stakes-investors-dont-fear-consolidation GP stakes investors say asset management consolidation doesn't inflate prices in their market. Tue, 11 Mar 2025 20:53:08 GMT https://pitchbook.com/news/articles/why-gp-stakes-investors-dont-fear-consolidation https://pitchbook.com/news/articles/apollo-blackstone-lead-perpetual-capital-rush Apollo Global Management and Blackstone each reached nearly half a trillion dollars in perpetual capital assets last year. Tue, 04 Mar 2025 19:55:24 GMT https://pitchbook.com/news/articles/apollo-blackstone-lead-perpetual-capital-rush https://pitchbook.com/news/articles/rockefeller-capital-axes-dei-language 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. Tue, 25 Feb 2025 15:34:08 GMT https://pitchbook.com/news/articles/rockefeller-capital-axes-dei-language https://pitchbook.com/news/articles/secondaries-funds-arent-returning-as-they-should Secondary funds with vintages later than 2015 haven't returned more than 100% of the intial capital LPs committed—that's slightly unusual. Tue, 18 Feb 2025 20:09:49 GMT https://pitchbook.com/news/articles/secondaries-funds-arent-returning-as-they-should https://pitchbook.com/news/articles/prospect-of-a-us-sovereign-fund-like-saudia-arabias-raises-questions 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. Wed, 12 Feb 2025 01:17:47 GMT https://pitchbook.com/news/articles/prospect-of-a-us-sovereign-fund-like-saudia-arabias-raises-questions https://pitchbook.com/news/articles/inside-cdpqs-workspace-for-vcs The $450 billion Canadian pension fund CDPQ opened the investor workspace, called Espace CDPQ, in 2016. Wed, 05 Feb 2025 19:00:02 GMT https://pitchbook.com/news/articles/inside-cdpqs-workspace-for-vcs https://pitchbook.com/news/articles/despite-growing-interest-from-potential-suitors-tiktok-deal-remains-in-question Several parties have made bids to acquire the U.S. business of the Chinese short-video app. Fri, 31 Jan 2025 18:53:24 GMT https://pitchbook.com/news/articles/despite-growing-interest-from-potential-suitors-tiktok-deal-remains-in-question https://pitchbook.com/news/articles/new-yorks-pension-fund-goes-all-in-on-co-investments 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. Tue, 28 Jan 2025 19:57:49 GMT https://pitchbook.com/news/articles/new-yorks-pension-fund-goes-all-in-on-co-investments