SBICs: The Federally Backed Private Equity Structure Most Accredited Investors Are Sleeping On

    SBICs: The Federally Backed Private Equity Structure Most Accredited Investors Are Sleeping On

    I spend a lot of time talking to accredited investors who have placed capital in hedge funds, syndicated real estate deals, and direct startup investments — but have never once considered an SBIC. Tha

    June 19, 2026

    NAV Financing in Private Equity: What It Is, Why GPs Love It, and Why LPs Should Be Worried

    NAV Financing in Private Equity: What It Is, Why GPs Love It, and Why LPs Should Be Worried

    TL;DR: Your PE fund manager just borrowed against the portfolio you already own — and you probably didn't know. I want you to picture something. You invest $5 million into a private equity fund. The G

    June 19, 2026

    Apollo Funds Just Bet on DeFi Plumbing: What Morpho's $175M Series A Means for Institutional Credit

    Apollo Funds Just Bet on DeFi Plumbing: What Morpho's $175M Series A Means for Institutional Credit

    Apollo Funds Is in a DeFi Deal. Read That Sentence Again. When a $700 billion alternative credit manager writes a check into a permissionless blockchain lending protocol, the story is not about crypto

    June 19, 2026

    Terreno Realty's $77.1M Maryland Acquisition and What Industrial REIT Deal Flow Reveals in 2026

    Terreno Realty's $77.1M Maryland Acquisition and What Industrial REIT Deal Flow Reveals in 2026

    TL;DR: Terreno Realty (NYSE: TRNO) paid $77.1 million for a three-building industrial complex in Landover, Maryland — 305,000 square feet on 24 acres, 92% leased to nine tenants, with 49 dock-high loa

    June 19, 2026

    Gulf Partners Group's $100M NinjaTrader Deal Signals a Structural Shift in GCC Private Credit

    Gulf Partners Group's $100M NinjaTrader Deal Signals a Structural Shift in GCC Private Credit

    A Bahrain-based private markets firm that launched just five months ago has already closed a $100 million senior secured private credit facility for NinjaTrader Group Holding — and if you follow where

    June 19, 2026

    EQT's $14.5 Billion Intertek Take-Private: What Angel Investors Need to Know About the Biggest UK Deal in Nearly Two Decades

    EQT's $14.5 Billion Intertek Take-Private: What Angel Investors Need to Know About the Biggest UK Deal in Nearly Two Decades

    On June 18, 2026, Swedish private equity firm EQT announced a $14.5 billion take-private acquisition of Intertek Group , the London-listed testing and certification company. The equity value lands at

    June 19, 2026

    Odyssey Raises $310M at $1.45B: Amazon Is Betting on World Models, Not Just LLMs

    Odyssey Raises $310M at $1.45B: Amazon Is Betting on World Models, Not Just LLMs

    On June 17, 2026, world model startup Odyssey closed a $310M Series B at a $1.45B post-money valuation, led by Natural Capital with participation from Amazon Web Services, AMD Ventures, GV, EQT, and I

    June 18, 2026

    The PE Distribution Waterfall: How $100M in Fund Proceeds Gets Divided

    The PE Distribution Waterfall: How $100M in Fund Proceeds Gets Divided

    The distribution waterfall is the contractual mechanism that determines how every dollar of fund proceeds splits between you, the limited partner, and the general partner. Get this wrong, and a fund t

    June 18, 2026

    Co-Investment in Private Equity: The Insider Track to Better LP Returns

    Co-Investment in Private Equity: The Insider Track to Better LP Returns

    A co-investment lets you put capital directly into a single private equity deal alongside the fund, at zero carried interest and reduced or zero management fees. According to ILPA Principles 3.0, this

    June 18, 2026

    Earlybird and AVP Launch a €500M European Defence Fund. Here Is What That Signals.

    Earlybird and AVP Launch a €500M European Defence Fund. Here Is What That Signals.

    Earlybird Venture Capital and AVP (formerly AXA Venture Partners, rebranded April 2025) have jointly launched E2D, a €500 million growth fund targeting European defence and dual-use technologies. Tech

    June 18, 2026

    UK PE Is Having a Record Exit Year. But Everyone Is Selling to Each Other.

    UK PE Is Having a Record Exit Year. But Everyone Is Selling to Each Other.

    UK private equity exits reached £20.9 billion ($28B) across 131 deals in the first four months of 2026, putting the market on track for a record year. According to PitchBook's analyst note, "UK Exit M

    June 18, 2026

    LongRange Capital Buys Pizza Hut for $1.5B: What This Franchise PE Deal Reveals

    LongRange Capital Buys Pizza Hut for $1.5B: What This Franchise PE Deal Reveals

    The short version: On June 16, 2026, Yum! Brands announced a $2.7B two-part sale of Pizza Hut. LongRange Capital, a CalPERS-backed private equity firm founded by Bob Berlin, agreed to buy Pizza Hut ou

    June 18, 2026