Databricks Closes $5B at $190B: Coatue, MGX, T. Rowe In
Databricks raised $5B at a $190B valuation on Aug 13, 2026 — Coatue led, with Blackstone, MGX, T. Rowe Price and new investor Sixth Street Growth in the syndicate.
Market Trend
Private Credit’s $27B Six Weeks: Hayfin, Comvest, Bridgepoint
Three direct-lending mega-funds closed over $27 billion since July — Hayfin, Comvest and Bridgepoint. Inside the wave reshaping private credit.
Reddit Joins the S&P 500 on Aug 18: Shares Pop 8.8%
S&P Dow Jones Indices adds Reddit (RDDT) to the S&P 500 effective Aug 18, 2026. Shares jumped 8.8% after-hours as passive funds prepared to buy.
Thrive Holdings Raises $2B at $12B: AI-Native PE Model
Thrive Holdings raised $2B at a $12B valuation from OpenAI, SoftBank, D1 and Altimeter to buy legacy services firms and inject AI into their workflows.
Goldman Buys NEOS for $2.25B: An Options-Income ETF Bet
Goldman Sachs Asset Management will pay up to $2.25 billion for NEOS Investments, adding $30 billion of options-income ETFs and pushing GSAM’s active ETF book to about $80 billion.
Apollo Wins easyJet: £5.7bn Take-Private at 715p a Share
Apollo Global Management sealed a £5.7bn ($7.7bn) all-cash bid for easyJet after Castlelake walked away, in one of the largest airline take-privates ever.
Ferguson to Replace EA in S&P 500 on Aug 5
Ferguson Enterprises (FERG) joins the S&P 500 on Aug 5, taking the slot Electronic Arts vacates as its $55B take-private closes.
SoftBank Reopens $10B OpenAI Margin Loan With Concessions
SoftBank has reopened talks for a $10B margin loan backed by its OpenAI stake, adding lender concessions after a June stall cut the target to $6B.
U.S. IPOs Hit $251B First-Half Record, Pacing for 2021 Beat
U.S. issuers raised $251B through June 26 — the biggest H1 on record — led by SpaceX’s $86.2B IPO and Alphabet’s $85B AI raise. Inside the numbers.
Alphabet Joins the Dow, Replacing Verizon June 29, 2026
Alphabet (GOOGL) replaces Verizon (VZ) in the Dow Jones Industrial Average on June 29, 2026. Here’s what the price-weighted swap means for the index.