What's New PitchBook's 2026 Artificial Intelligence Outlook declares the start of "The Great Competition Wars," identifying sectors where AI will generate outsized returns and others where overheating will destroy value. Winners will pursue network effects, unique data moats, exceptional design, and creative distribution strategies—while undifferentiated startups face "disproportionate value destruction." Why It Matters We are in the early stages of a 50-year technological

PitchBook's 2026 Industry PE Outlook provides a sector-by-sector roadmap, highlighting commercial aerospace parts, electrical engineering for datacenters, and health & wellness as top investment targets. Platform LBOs are expected to capture 25%+ of deal activity, signaling a return to scale-building strategies.

AI reshaped private markets in 2025—both as an investment thesis and an operating reality. The industry poured hundreds of billions into data center infrastructure while simultaneously racing to deploy AI tools across deal sourcing, due diligence, and portfolio operations. But the year also revealed that capital isn't the constraint—power is.

As artificial intelligence reshapes the global economy, institutional investors face a critical question: how to capture the AI opportunity without betting on which software company will emerge victorious. Alexey Teplukhin, Managing Director at Blue Owl Capital, argues the answer lies in owning the physical infrastructure rather than picking winners—data centers representing the "airports of information" that every competitor must use.

Blackstone's President and COO Jon Gray warns that while current tariff-induced uncertainty creates short-term market volatility, the real transformation lies in artificial intelligence reshaping entire industries and driving unprecedented demand for data infrastructure.

According to Hamilton Lane's Infrastructure Market Overview 2025, global infrastructure transaction volume reached $1.16 trillion in 2024, with artificial intelligence driving unprecedented demand for data centers and power generation assets. Infrastructure now represents 6% of private markets allocation, up from just 1% in 1999, as institutional investors pivot toward essential services and energy transition opportunities.

5,000-acre West Texas site offers 500 MW behind-the-meter power by 2026, positioning Texas as a global AI data center hub.

Marc Zahr, Co-President and Head of Real Estate at Blue Owl Capital, recently appeared on the Alt Goes Mainstream podcast for a live interview in Miami to discuss how his firm has transformed from a $17 million startup in 2009 to managing $64 billion in real estate assets today. Zahr identifies a massive market inefficiency: $20 trillion of property, plant and equipment sits on investment-grade companies' balance sheets as non-earning assets, creating unprecedented opportunit

Related Companies launches Related Digital with $500M initial commitment and plans to raise up to $8B to develop data centers for AI and cloud tech.

Brookfield CEO Flatt talks private markets amid US-Canada tariff tensions, highlighting digital infrastructure as a key strategic focus.

QuadReal and T5 expand their data center platform with new investment to meet growing demand and develop a 5 GW Scaled Campus strategy.

QuadReal and T5 expand their data center platform with new investment to meet growing demand and develop a 5 GW Scaled Campus strategy.

US private equity giants face scrutiny as ByteDance uses their Malaysian data centers to access restricted Nvidia chips via loophole.

Cambridge Wilkinson enhances team to raise capital for data centers and digital infrastructure, supporting the digital economy's growth.

Kathleen McCarthy, Blackstone's Global Co-Head of Real Estate, spoke with CNBC about real estate market dynamics and outlook.

Blue Owl Capital making it’s first major AI infrastructure investment by backing the high-profile Stargate project.

World's largest property owner Blackstone signals office market bottom as valuations drop, weighs fresh deals amid post-pandemic recovery.

ElmTree Funds closes $500M in industrial real estate deals across 7 markets in 6 states, focusing on mission-critical assets.

What's New Apollo's 2025 Credit Outlook   reveals that the booming artificial intelligence market and data demands will require over $2...

Blackstone is investing $300 million in DDN, a data intelligence solutions provider, at a $5 billion valuation.