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EquityZen vs. Hiive: Pre-IPO Secondary Markets in 2026

Private Equity's Growing Role in U.S. Insurance

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US Debt Hits $40 Trillion. Yields Make It Worse
TL;DR: US debt hit $40 trillion this week as the 10 year Treasury yield jumped to 5.23%, its highest since 2007, and the 30 year hit 5.49%, its highest since 2004, per Hindustan Times and Fortune. A …

Private Equity's Growing Role in U.S. Insurance
I signed off on more than 1,000 QA jobs on a nuclear submarine. Every one asked the same question: who actually verified this, and what happens if they were wrong? That question belongs in your insur…

IRA Investing: What a Self-Directed IRA Allows
Your Broker's Menu Isn't the Law. It's a Business Decision I spent years signing off on QA jobs aboard a fast attack submarine, where the rule was simple: verify before you trust. Nobody's word was g…

EquityZen vs. Hiive: Pre-IPO Secondary Markets in 2026
The pre-IPO secondary market hit a consolidation turning point in early 2026: Morgan Stanley closed its acquisition of EquityZen on January 27, 2026 and immediately cut buyer-side fees from 5% to 2.5%

Hines Rialto Closes 1.1B Office Credit Fund
Hines and Rialto Capital closed their co-general partnership fund, Hines Rialto Credit Partners, at $1.1 billion in investor commitments on September 15, 2026, attracting 126 investors at a $100,000 m

What Is a Management Fee Waiver in Private Equity?
A management fee waiver is an election a private equity general partner makes to forgo its annual management fee — typically 2% of committed capital — in exchange for an increased profits interest in
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