Private equity activity rebounded in 2024, with global dealmaking increasing 14% to $2 trillion, the highest level of capital deployment since 2022. This growth is driven by advancements in AI, digital infrastructure investments, and a focus on specialization and value creation. CVC Capital Partners closed its €4.61 billion Strategic Opportunities III fund, while Carlyle is raising over $3 billion for a new infrastructure fund. BlackRock's Global Infrastructure Partners is nearing the close of a $25 billion flagship fund, one of the industry's largest. CoreWeave, backed by Blackstone, Magnetar, and Nvidia, filed for an IPO after an 800% revenue surge in 2024. Microsoft, its largest customer, accounted for 62% of its revenue. CoreWeave operates over 250,000 Nvidia GPUs across 32 data centers, with 1.3GW of contracted power, underscoring its role in AI and data infrastructure.