Fake Advisory Firms Are Filing Real SEC Paperwork: What the 38-Entity Crackdown Reveals About EDGAR's Blind Spot
On August 27, 2026, the SEC charged 38 entities with filing fraudulent Form ADVs to pose as legitimate investment advisers, and the filings themselves were the crime scene: fake Colorado addresses, di
September 3, 2026
CVC's $10 Billion Secondaries Fund Signals a Compressed Market
TL;DR: CVC Capital Partners just closed a $10 billion secondaries fund , its sixth and largest, more than 70% bigger than the $5.8 billion it raised in 2023 and nearly four times the $2.7 billion it r
September 3, 2026
Watch and Trading Card Fractional Investing: Otis vs. Rally vs. Collectable Compared
TL;DR: Of the three platforms retail investors mention most when they ask about buying fractional shares in watches, trading cards, and sports memorabilia, only one is still actually running. Accordin
September 3, 2026
Private Credit Is Not Dying. It Is Consolidating
Golub Capital calls the private credit stress a Darwinian moment, and fresh bank capital deploying into the dislocation backs the read.
September 2, 2026
Levine Leichtman Capital Partners Buys The Colt Group in Its Fifth Fund VII Deal
LLCP acquired The Colt Group in its fifth Fund VII platform deal, showing how its structured debt-plus-equity strategy actually works.
September 2, 2026
Cross-Collateralization in Fund Structures, Explained
Cross-collateralization pledges multiple fund assets as shared security, turning one default into a risk for the entire pool.
September 2, 2026
Bathla Group's Collapse Exposes 40 Private Credit Lenders. Here Is What It Signals
Bathla Group's collapse exposed roughly 40 private credit lenders at once, a concentration risk US investors should recognize in their own funds.
September 2, 2026
MA Financial Caps Redemptions at 1% a Month. Here Is What It Teaches Retail Investors
MA Financial capped redemptions at 1% a month with zero Bathla exposure, showing how fear spreads faster than actual credit losses.
September 2, 2026
BDC Debt-to-Equity Ratio: The Leverage Number Every BDC Investor Should Check
A BDCs debt-to-equity ratio reveals real leverage. The 2018 rule change doubled the ceiling from 1:1 to 2:1, and the trend matters most.
September 2, 2026
Variant Alternative Income Fund Review 2026: What Half Its Investors Just Tried to Exit
About half of Variant Alternative Income Fund's shares were queued for redemption in one quarter, testing interval fund liquidity limits.
September 2, 2026
Permira and CPP Investments Take Fund Administrator JTC Private for 2.7 Billion Pounds
Permira and CPP Investments took fund administrator JTC private for 2.7 billion pounds, consolidating the infrastructure behind private funds.
September 2, 2026
7 Red Flags to Check Before You Invest in a Private Credit Fund
Rising leverage, climbing non-accrual rates, and SEC scrutiny are real warning signs. Here are 7 checks before investing in private credit.
September 2, 2026