Private equity and venture capital markets are experiencing significant developments. The private equity sector is showing signs of recovery after a two-year decline in deals, exits, and closed funds. Morgan Stanley and Goldman Sachs are optimistic about the sector's resurgence, predicting an increase in fees as the market unjams. The industry has accumulated a record $4.5 trillion in dry powder, translating to approximately $9 trillion in buying power with leverage. Meanwhile, early-stage venture capital deal value surged by 56.9% quarter-over-quarter to $16 billion in Q2, driven by select outsized deals. Notable crypto fundraising deals included $225 million for Monad, $150 million for Farcaster, and $100 million for Berachain. Additionally, the digital health sector saw larger check sizes and more exits despite a decline in overall funding and deal volume.