Why I'm Watching Private Credit Interval Funds Right Now
Why I'm Watching Private Credit Interval Funds Right Now TL;DR: The average alternative credit interval fund (ACIF) yield dropped 110 basis points in 2025 — from 10.4% to 9.3% — while the category swelled to 91 funds...
May 19, 2026
1031 Exchange Rules Most Accredited Investors Get Wrong
1031 Exchange Rules Most Accredited Investors Get Wrong TL;DR: Section 1031 remains fully intact after the One Big Beautiful Bill (July 4, 2025). But the IRS Tax Court record shows that even technically sophisticated...
May 19, 2026
Yieldstreet vs Fundrise vs Masterworks: A 90-Day Money-In Comparison
Yieldstreet vs Fundrise vs Masterworks: A 90-Day Money-In Comparison TL;DR: CNBC reviewed 30 Yieldstreet real estate deals and found 4 written to $0, 23 on a watchlist, and $370M+ in investor capital at risk — $78M...
May 19, 2026
Hedge Fund Replication ETFs: The Cheaper Way Into Long/Short
Hedge Fund Replication ETFs: The Cheaper Way Into Long/Short TL;DR: On a $250,000 alternatives sleeve, a traditional hedge fund's 2-and-20 structure costs you $5,000–$10,000 more per year than a multi-strategy...
May 19, 2026
Wefunder vs StartEngine vs Republic: The 2026 Platform Reality
Wefunder vs StartEngine vs Republic: The 2026 Platform Reality TL;DR: Per SEC DERA data through December 2024 , only 2.2% of Reg CF issuers have ever given investors an exit via acquisition, and just 0.25% have IPO'd....
May 19, 2026
How to Read a Private Credit Fund's Prospectus in 15 Minutes
How to Read a Private Credit Fund's Prospectus in 15 Minutes TL;DR: Private credit funds now hold over $26.6 trillion in assets, and retail accredited investor access is expanding fast. Most investors focus on the yield...
May 19, 2026
Reg CF in 2026: What 5 Years of EDGAR Data Tell Us About Actual Returns
Reg CF in 2026: What 5 Years of EDGAR Data Tell Us About Actual Returns TL;DR: Of the 9,461 Reg CF offerings initiated since 2016, fewer than half — 4,303, or 45% — have reported any proceeds to the SEC at all. The...
May 19, 2026
Why Family Offices Are Quietly Rotating Into Music Royalties Right Now
Why Family Offices Are Quietly Rotating Into Music Royalties Right Now TL;DR: Primary Wave Music closed its Fund 4 at $2.225 billion in April 2026 — the largest closed-end music royalties fund ever raised — with...
May 19, 2026
Multifamily Syndications: Real Returns From Tracked Deals Since 2023
Multifamily Syndications: Real Returns From Tracked Deals Since 2023 TL;DR: The 2021-2022 multifamily syndication vintage is the worst retail real estate investor loss cycle since 2008 CMBS. GVA Real Estate admitted 80%...
May 19, 2026
The 2025 Accredited Investor Rule Changes Most Advisors Haven't Told You About
The 2025 Accredited Investor Rule Changes Most Advisors Haven't Told You About TL;DR: No sweeping new SEC rule took effect in 2025 — the $200K/$300K income and $1M net worth thresholds are unchanged. But two quiet...
May 19, 2026
How to Prepare a Series B Pitch Deck for US VCs
A Series B pitch deck demonstrates proven traction and unit economics at scale. US venture capitalists evaluate these decks differently than seed-stage presentations, shifting focus from 'can this work?' to 'will this scale predictably?'
May 14, 2026
Tech Company CVCs: Why Angels Should Ignore Them
Corporate venture capital arms from tech giants manage $296B in assets, but angel investors who co-invest with CVCs face dilution and subordination. Strategic misalignment destroys individual investor value.
May 14, 2026