ELTIF Explained: How Europe Opened Private Markets to Retail Money (And Why the US Hasn't)

    ELTIF Explained: How Europe Opened Private Markets to Retail Money (And Why the US Hasn't)

    The European Long-Term Investment Fund market crossed 300 registered vehicles in mid-2026, with total assets under management estimated at €34 billion at year-end 2025, a gain of nearly 55 percent in

    September 7, 2026

    Carta Review 2026: What Happened After Carta Killed Its Own Secondary Market

    Carta Review 2026: What Happened After Carta Killed Its Own Secondary Market

    Carta manages equity ownership records for approximately 40,000 startups and reported roughly $370 million in combined annual revenue as of early 2024, split across cap table software ($250 million),

    September 7, 2026

    Wall Street Built Two Evergreen Fund Structures. Institutions Got the Illiquid One. Retail Got the Redemption Gate.

    Wall Street Built Two Evergreen Fund Structures. Institutions Got the Illiquid One. Retail Got the Redemption Gate.

    On September 7, 2026, Alternative Credit Investor reported that Bridgepoint has set up Bridgepoint Direct Lending Evergreen in Luxembourg, a perpetual private credit vehicle for institutional investor

    September 7, 2026

    How to Read a BDC's NAV Markdown Before You Panic: A Checklist

    How to Read a BDC's NAV Markdown Before You Panic: A Checklist

    In January 2026, BlackRock TCP Capital Corp. (TCPC) filed an off-cycle disclosure warning that its net asset value per share would fall approximately 19% in a single quarter, from $8.71 to between $7.

    September 7, 2026

    Fintor Review 2026: What Happened to the Fractional Real Estate App

    Fintor Review 2026: What Happened to the Fractional Real Estate App

    TL;DR: Fintor raised $33.7M and built a fractional real estate app that let investors buy shares of individual rental homes for as little as $5, but its legal entity Fintor Assets, LLC filed a formal

    September 6, 2026

    PeerRealty Review 2026: What Happened to This Real Estate Crowdfunding Platform?

    PeerRealty Review 2026: What Happened to This Real Estate Crowdfunding Platform?

    TL;DR: PeerRealty, a Chicago-based real estate crowdfunding platform that launched in 2014 and accepted accredited investors into Regulation D equity deals, stopped posting new investment opportunitie

    September 6, 2026

    Carbon Removal Investing: What Accredited Investors Need to Know

    Carbon Removal Investing: What Accredited Investors Need to Know

    TL;DR: Frontier, the advance market commitment backed by Stripe, Alphabet, Shopify, Meta, and McKinsey, has pledged to buy $1.8 billion worth of permanent carbon removal by 2040 , and corporate offtak

    September 6, 2026

    CVC Capital Partners Raises $10 Billion for Its Largest-Ever Secondaries Fund

    CVC Capital Partners Raises $10 Billion for Its Largest-Ever Secondaries Fund

    CVC Capital Partners closed its largest-ever secondaries fund on September 3, 2026, raising $10 billion for Secondary Opportunities Fund VI (SOF VI) — nearly doubling the $5.8 billion its predecessor

    September 6, 2026

    Tyree and D'Angelo Partners Closes Fund IV at $650 Million: What a 10-Week Raise Tells LP Investors

    Tyree and D'Angelo Partners Closes Fund IV at $650 Million: What a 10-Week Raise Tells LP Investors

    Tyree & D'Angelo Partners closed TDP Fund IV LP at its $650 million hard cap on August 31, 2026, significantly oversubscribed and fully allocated after less than ten weeks in market, at a time whe

    September 6, 2026

    The Adverse Selection Problem Hidden in Retail Private Markets

    The Adverse Selection Problem Hidden in Retail Private Markets

    TL;DR: Private markets are opening to retail investors at record speed, and my read is that the products reaching retail shelves first are disproportionately the ones institutional LPs have already pr

    September 6, 2026

    Saudi Arabia's HUMAIN Plans a $10 Billion AI Venture Fund. Here Is What It Means for You.

    Saudi Arabia's HUMAIN Plans a $10 Billion AI Venture Fund. Here Is What It Means for You.

    TL;DR: Saudi Arabia's HUMAIN, a wholly owned subsidiary of the $1.1 trillion Public Investment Fund (PIF), told Semafor on September 3 that its planned $10 billion global AI venture fund could launch

    September 6, 2026

    How an LP Should Read a Continuation Vehicle Fairness Opinion Before Deciding to Roll or Sell

    How an LP Should Read a Continuation Vehicle Fairness Opinion Before Deciding to Roll or Sell

    TL;DR: Continuation vehicles generated $65 billion of GP-led secondary volume in the first half of 2026, up 35% year over year, according to Evercore's H1 2026 Secondary Market Review — and every one

    September 6, 2026