What Is a BDC? A Plain-English Guide to Business Development Companies for Accredited Investors
What Is a BDC? A Plain-English Guide to Business Development Companies for Accredited Investors By Jeff Barnes, MBA | June 23, 2026 | Alternative Investments TL;DR: Business development companies (BDC
June 23, 2026
Baseten Raised $1.5 Billion at a $13 Billion Valuation. Here Is What That Signals for AI Infrastructure Investors.
TL;DR: Baseten closed a $1.5 billion Series F at a $13 billion valuation on June 22, 2026, led by Sands Capital and Wellington Management. The company grew revenue 20x year-over-year and inference vol
June 23, 2026
Interval Funds Explained: The Investment Vehicle That Locked Out Blackstone Investors in 2022
TL;DR: Interval funds give you access to private credit, real estate, and infrastructure that traditional mutual funds cannot hold. In exchange, you give up the right to sell whenever you want. Redemp
June 23, 2026
The $400 Million ATM Ponzi: How Daryl Heller Fooled 2,700 Investors and the Red Flags They Missed
By Jeff Barnes, MBA | Regulatory Compliance Here is the short version: the SEC charged Daryl F. Heller and his Pennsylvania companies with running a $770 million Ponzi scheme that destroyed $402 milli
June 23, 2026
S2 Capital Faces $140 Million in Foreclosures. Here Is What Went Wrong and What Multifamily LPs Should Learn.
TL;DR: S2 Capital, a Dallas-based multifamily syndicator led by Scott Everett, is facing foreclosure auctions on at least three DFW properties totaling $140 million in July 2026. Total distress across
June 23, 2026
PE Clawback Provisions: The Clause That Forces Your GP to Return Carried Interest and How to Evaluate It
TL/DR: A clawback provision forces your general partner to return carried interest already paid out if the fund's overall performance doesn't justify it. Only 78% of US private equity funds use whole-
June 23, 2026
Tokenized Real-World Assets: What 27% of Accredited Investors Are Circling in 2026
The tZERO VerifyInvestor 2026 Accredited Investor Outlook surveyed more than 200 verified accredited investors across the United States in April 2026. The results on digital asset securities are st...
June 22, 2026
Brian Armstrong Wants a Literacy Test, Not a Wealth Test. The SEC Might Agree.
In June 2026, Coinbase CEO Brian Armstrong appeared on Yahoo Finance's Power Players podcast and called for eliminating the US accredited investor wealth thresholds, replacing them with a financial...
June 22, 2026
How PE Firms Value Your Portfolio: The Mark-to-Model Problem Every LP Must Understand
According to the IPEV Valuation Guidelines (updated 2025), private equity and venture capital fund managers are required to estimate fair value for portfolio holdings at every NAV reporting date. T...
June 22, 2026
How Family Offices Invest in Alternatives: The Allocation Blueprint for Accredited Investors
The UBS Global Family Office Report 2025 surveyed family offices managing an average of $1.6 billion in assets and found that private equity represents 21% of average global family office portfolio...
June 22, 2026
SEC Proposes Killing the Baby Shelf Rule: What It Means for Private Market Investors
The Securities and Exchange Commission proposed eliminating the "baby shelf" limitations for smaller public companies in May 2026, as part of a broader three-part capital formation package under Ch...
June 22, 2026
Impact Investing in Private Markets: What the $1.57 Trillion Market Actually Returns
The GIIN 2024 Annual Impact Investor Survey put global impact investing AUM at $1.571 trillion, managed by 3,907 organizations. That represents a 21% compound annual growth rate since 2019, when GI...
June 22, 2026