Carried Interest Waterfall Explained: How GPs Actually Get Paid
Carried interest is the general partner's share of fund profits, typically 20%, and it flows through a four-tier waterfall that determines exactly when...
August 31, 2026
SBA 7(a) Acquisition Financing Rules 2026: Why Zero-Down Deals No Longer Exist
Under SBA Standard Operating Procedure 50 10 8, effective June 1, 2025 (Whiteford/JDSupra client alert) , every business-acquisition loan backed by the...
August 31, 2026
a16z's $1.1 Billion Machine Age Fund: What the Hardware Pivot Means for AI Investors
Andreessen Horowitz launched a dedicated $1.1 billion hardware-focused fund on August 28, 2026, called the Machine Age Fund, marking the firm's first...
August 31, 2026
Ventures Platform Closes $84M Pan-African Fund II: What It Signals for Frontier VC
Ventures Platform closed its second Pan-African fund at $84 million, beating its $75 million target, with new capital from EBRD, Norfund, and Ashesi...
August 30, 2026
Capital F's $17M Fund Has 80% Female LPs: What It Signals for Accredited Women Investors
Capital F closed a $17 million debut fund with roughly 80% female LPs, in an industry where women hold under 20% of LP seats.
August 30, 2026
SPAC Revival 2026: Off Life Support Isn't the Same as Back
SPACs raised $25.8 billion in 2025, roughly three times 2024's total.
August 30, 2026
Family Office Allocation to Alternatives in 2026: What the Data Actually Shows
Family offices held 44% of their portfolios in alternatives in 2024, versus roughly 56% in traditional stocks and bonds.
August 30, 2026
Masterworks Review 2026: What the Art-Investing Pitch Leaves Out
Masterworks charges a 1.5% annual management fee plus 20% of profits at sale, on top of a roughly 10-11% markup baked into the purchase price before you...
August 30, 2026
Real Estate Syndication Sponsor Track Record Red Flags: A Due Diligence Checklist
Sponsors write their own track records, and nobody audits the pitch deck before it reaches you.
August 30, 2026
BDC Redemption Gates Explained: What Happens When You Can't Get Your Money Out
Roughly $15 billion in redemption requests are sitting stuck across non-traded business development companies and private-credit funds right now, and the...
August 30, 2026
SEC Greenlights Tokenized Fund Custody: What Franklin Templeton's No-Action Letter Means for Investors
On August 12, 2026, the SEC's Division of Investment Management issued its first-ever no-action letter applying Rule 17f-2 self-custody relief to a...
August 30, 2026
Permanent Capital Ventures Raises $200M Fund II for Applied AI
Permanent Capital Ventures just launched a $200 million Fund II, pushing total capital raised since its early-2024 founding past $350 million.
August 30, 2026