The $138 Million Warning: How One Adviser Sold Clients Funds He Secretly Controlled

    The $138 Million Warning: How One Adviser Sold Clients Funds He Secretly Controlled

    TL;DR: Vincent Camarda ran A.G. Morgan Financial Advisors and also owned the five private funds he sold to his own advisory clients. The SEC says he raised at least $138 million from 431 investors, pu

    July 14, 2026

    Elevation Capital's $500M Fund IX Bets on India's AI App Layer

    Elevation Capital's $500M Fund IX Bets on India's AI App Layer

    Elevation Capital just closed a $500M fund to back seed and Series A AI startups in India, and paired it with a $400M late-stage vehicle for $900M in total firepower. Check sizes at the earliest stage

    July 14, 2026

    Cove Capital Investments Review: Debt-Free DST Model, Unverified Track Record

    Cove Capital Investments Review: Debt-Free DST Model, Unverified Track Record

    TL;DR: Cove Capital Investments is a Torrance, California DST sponsor founded in 2012 by Dwight Kay and Chay Lapin, built around an all-cash, debt-free acquisition model that removes lender foreclosur

    July 14, 2026

    Rithm Property Trust's New Stock Offering: The Sponsor Is Buying Both Sides of This Multifamily Bet

    Rithm Property Trust's New Stock Offering: The Sponsor Is Buying Both Sides of This Multifamily Bet

    TL;DR: Rithm Property Trust (NYSE: RPT) filed to sell new common stock to help fund a roughly $951.1 million pile of multifamily construction and bridge loans it's buying from an affiliate, Genesis Ca

    July 14, 2026

    Nuveen's $58.7M NREX I: What an Institutional DST Actually Costs You

    Nuveen's $58.7M NREX I: What an Institutional DST Actually Costs You

    TL;DR: Nuveen closed its NREX I Delaware Statutory Trust at $58.7 million, packaging three fully-leased Class A light-industrial buildings in Minneapolis (405,756 square feet) into a 1031 exchange veh

    July 14, 2026

    Chicago Atlantic's $62.5M Koach Deal Shows What Cannabis Real Estate Credit Actually Pays

    Chicago Atlantic's $62.5M Koach Deal Shows What Cannabis Real Estate Credit Actually Pays

    TL;DR: Chicago Atlantic Real Estate Finance (REFI) just issued 4.3 million shares to Koach Capital in exchange for $62.5 million of second-lien notes secured by 32 cannabis retail properties. The note

    July 14, 2026

    Citation Capital's $1.2 Billion Debut Fund: Inside the Largest Female-Founded Buyout Raise Ever

    Citation Capital's $1.2 Billion Debut Fund: Inside the Largest Female-Founded Buyout Raise Ever

    TL;DR: Citation Capital, a Dallas and Greenwich-based buyout shop founded by two former Goldman Sachs and BDT Capital dealmakers, closed its first fund at $1.2 billion, hit its hard cap, and is now si

    July 14, 2026

    Acurio Ventures' €115M Secondaries Fund: What VC Secondaries Actually Are, and Whether US Investors Have an Equivalent

    Acurio Ventures' €115M Secondaries Fund: What VC Secondaries Actually Are, and Whether US Investors Have an Equivalent

    TL;DR: Bilbao-based Acurio Ventures closed a €115 million fund built entirely to buy stakes in European VC funds from LPs who want out early, a corner of the market called "VC secondaries." Acurio say

    July 14, 2026

    The SEC's New Retail Fraud Working Group Is a 2017 Rerun, and the Numbers Say Watch Closely

    The SEC's New Retail Fraud Working Group Is a 2017 Rerun, and the Numbers Say Watch Closely

    TL;DR: The SEC created a new Retail Fraud Working Group on July 7, 2026, led by Kate Zoladz, Kim Frederick, and David Woodcock. It is a near-copy of the Retail Strategy Task Force that Jay Clayton lau

    July 14, 2026

    Blue Origin's $10B Round Is Closed to You — Here's the Real Access Gap for Accredited Investors

    Blue Origin's $10B Round Is Closed to You — Here's the Real Access Gap for Accredited Investors

    Blue Origin is closing its first-ever outside funding round: $10 billion at a $130 billion pre-money valuation, according to reporting from Ars Technica on the deal . Coatue Management is leading

    July 13, 2026

    Titan Invest Review 2026: Fees, ARK Venture Fund Access, and the SEC Settlement You Need to Know

    Titan Invest Review 2026: Fees, ARK Venture Fund Access, and the SEC Settlement You Need to Know

    Titan Global Capital Management USA LLC, the registered investment adviser behind the Titan Invest app, pitches itself as hedge-fund-style active management for people who don't have hedge-fund m

    July 13, 2026

    SambaNova's $1B Series F Hit an $11B Valuation. Here's How You Actually Get Exposure.

    SambaNova's $1B Series F Hit an $11B Valuation. Here's How You Actually Get Exposure.

    SambaNova Systems closed the first tranche of a $1 billion Series F on July 8, 2026, at an $11 billion post-money valuation, led by General Atlantic with T. Rowe Price, Capital Group, BlackRock-m

    July 13, 2026