Silicon Valley venture capital firm Greylock has launched Greylock 18, a $1.5bn early-stage fund that will back founders at the pre-seed, seed and Series A stages, with a particular focus on companies emerging from the current wave of AI innovation.
HarbourVest Partners has named former Morgan Stanley Investment Management executive Brian Taranto as the first COO of its global private wealth business, as the private markets manager continues to expand its wealth platform.
North Carolina-based private equity firm LionLight Capital has sped to a $215m hard cap close of its debut fund in just ten weeks, picking up strong support for its strategy of targeting financial and professional services businesses.
Czech private equity firm Genesis Capital has rebranded to Stratum Partners alongside the launch of its second fund, which is targeting €65m to invest in small and medium-sized businesses across the Czech Republic, Slovakia and the wider Central European region.
European private equity fundraising has entered its most prolonged downturn in a decade, with the market recording its weakest fundraising year in 2025 and showing little sign of recovery during the opening months of 2026, a new report from Morningstar shows.
Stripe and Advent International have jointly offered to acquire PayPal Holdings for $60.50 per share, valuing the payments company at more than $53bn, according to Reuters.
Los Angeles-based private equity firm Vance Street Capital has appointed Jason Burmer as managing director and head of business development, adding an executive with more than a decade of deal origination experience.
Swiss-headquartered private markets investor ACE & Company has launched ACE Private Equity, a dedicated platform combining its independent sponsors and secondaries businesses.
The California State Teachers' Retirement System has agreed to anchor a $2bn strategic partnership with Nuveen targeting sustainable infrastructure credit investments.