CPP Investments Bets $741M on India Data Centers: What Pension Funds Know That You Don't
Canada's largest pension fund just made its biggest single India bet. CPP Investments committed ₹70 billion, roughly $741 million USD, to CtrlS Datacenters, taking an 8.2% equity stake and a 48% posit
June 18, 2026
Direct Lending vs Broadly Syndicated Loans: A Private Credit Investor's Guide
TL;DR: Two corporate debt markets, each sitting at roughly $1.55 trillion in outstanding balances, now compete for the same PE-backed borrowers. Direct lending pays 9.8-10.3% with maintenance covenant
June 18, 2026
Altaris Takes Simulations Plus Private for $375M: What Healthcare PE Is Betting On
TL;DR: On June 16, 2026, Altaris Capital Partners announced a $375 million all-cash deal to take Simulations Plus (Nasdaq: SLP) private at $18.50 per share, a 26% premium to the 60-day volume-weighted
June 18, 2026
Montagu Carves BMC Helix Out of KKR's Empire: The PE Playbook Behind the Deal
On June 17, 2026, Montagu Private Equity announced it will acquire a majority stake in BMC Helix, carving the agentic AI ServiceOps platform out of KKR-owned BMC Software. KKR retains a minority stake
June 18, 2026
Chronograph Raises $140M From Sixth Street Growth: What Private Markets Data Infrastructure Means for LPs
Chronograph Raises $140M From Sixth Street Growth: What Private Markets Data Infrastructure Means for LPs TL;DR: On June 16, 2026, Chronograph announced a $140M+ minority growth equity investment f...
June 17, 2026
What Is a Business Development Company (BDC)? Private Credit for Everyone Explained
What Is a Business Development Company (BDC)? Private Credit for Everyone Explained TL;DR: The total BDC market reached $475 billion in assets under management in Q1 2025 , up from roughly $30 bill...
June 17, 2026
Subscription Credit Facilities: How Your PE Fund's Reported IRR Is Likely Inflated
The Short Version: Same Deal, 11 Points of IRR Apart Your PE fund buys a company for $100 million in month one and sells it for $200 million at month 36. If your GP called your capital at deal clos...
June 17, 2026
SEC's 2026 Exam Priorities Signal a New Era for Private Fund Oversight
TL;DR The SEC's Division of Examinations released its 2026 Examination Priorities in late 2025. For the first time since 2021, private fund advisers do not have their own standalone section. That d...
June 17, 2026
AI Ate 81% of Venture Capital in Q1 2026. Here's What That Means for Your Portfolio
TL;DR Global venture capital hit a record $297 billion in Q1 2026, per the PitchBook-NVCA Venture Monitor . AI companies captured $240 billion of that, or 81% of all capital deployed in a single qu...
June 17, 2026
How to Evaluate an Emerging VC Fund Manager: 7 Signals That Actually Predict Returns
TL;DR: Cambridge Associates benchmarking data shows that 53% of the top-10 performing VC funds in any given year between 2004 and 2016 were Fund I or Fund II. A full 73% were emerging managers. The...
June 17, 2026
Private REIT vs. Public REIT: What the BREIT Gating Crisis Should Teach Every Investor
The Day Investors Discovered Their Money Was Locked In November 2022, Blackstone's non-traded REIT known as BREIT received $9.9 billion in redemption requests from investors who wanted their money ...
June 17, 2026
Flutterwave Raises $250M Series E at $3.2B Valuation: Ripple Bets on Africa's Payment Rails
Flutterwave Raises $250M Series E at $3.2B Valuation: Ripple Bets on Africa's Payment Rails Lagos-based payments company Flutterwave has raised $250 million in a Series E round at a $3.2 billion po...
June 17, 2026