SEC Raises Qualified Client Thresholds June 29: Who Gets Locked Out of Performance-Fee Funds
On June 29, 2026, the SEC's inflation-adjusted thresholds for "Qualified Client" status take effect under SEC Release IA-6961 , issued April 28, 2026. The new numbers are concrete: the
June 21, 2026
Key Person Risk in Private Equity: What LP Agreements Actually Protect You From
TL;DR 97% of private equity LPAs automatically suspend the investment period when a key person event occurs, but the strength of that protection depends entirely on how the provision is drafted
June 21, 2026
CLO Investing for Accredited Investors: What the Senior Tranche Actually Pays
TL;DR The US CLO market hit $135 billion in new issuance in 2025 , up 18% year-over-year. Institutional capital is voting with real dollars. AAA CLO tranches now price at SOFR+120 , delivering
June 21, 2026
How an LBO Actually Works: What Private Equity Does With Your Capital
TL;DR A leveraged buyout puts acquisition debt on the target company's balance sheet, not the fund's. LPs contribute equity. The company services the interest from its own cash flows. PE buyout funds
June 21, 2026
Self-Directed IRA for Alternative Investments: The Rules That Can Blow Up Your Retirement
TL;DR A self-directed IRA lets you hold real estate, private equity, crypto, and other alternative assets inside a tax-advantaged account, but the IRS rules are strict and the penalties are severe.
June 21, 2026
Percent Review 2026: 10-14% Yields on Private Credit Notes — What You're Actually Buying
TL;DR Percent.com targets 10-15% annualized yields on private credit notes. The weighted average across funded deals has come in around 14.43%, with gross returns after losses reported at
June 21, 2026
Distressed Debt Investing: What Happens When You Buy Bonds at 40 Cents
TL;DR Distressed debt means buying bonds or loans trading below 80 cents on the dollar (or yielding 1,000+ basis points over Treasuries) from forced sellers who need cash more than they need price.
June 21, 2026
Infrastructure Investing for Accredited Investors: CPI-Linked Returns and 20-Year Lock-Ups
TL;DR Private infrastructure targets 8.3%–11.0% net IRR over 2025–2034, outpacing projected U.S. equity returns of 4.8%–7.8% over the same period (Macquarie Asset Management, 2025). Accredited
June 21, 2026
Tax Treatment of Alternative Investments: Why Your K-1 Arrives in March and Costs You Money
TL;DR Your K-1 from a private equity or real estate fund will not arrive until March 15 at the earliest, and September 15 if the fund takes an extension. That means you will almost certainly need to
June 21, 2026
Dream Raises $260M at $3B for Sovereign AI: What Bain Capital Sees in the Government AI Race
On June 18, 2026, Dream announced a $260 million funding round at a $3 billion post-money valuation , led by Bicycle Capital and Group 11, with Bain Capital Ventures participating alongside Antler,
June 21, 2026
SpaceX Buys Cursor for $60 Billion: What the All-Stock Deal Tells You About AI Infrastructure Consolidation
SpaceX Buys Cursor for $60 Billion: What the All-Stock Deal Tells You About AI Infrastructure Consolidation By Jeff Barnes, MBA | AIN Contributing Editor | June 20, 2026 SpaceX announced Thursday...
June 20, 2026
Reg A+: The Mini-IPO Accredited Investors Keep Ignoring (And Shouldn't)
Reg A+: The Mini-IPO Accredited Investors Keep Ignoring (And Shouldn't) TL;DR: Regulation A+ lets companies raise up to $75 million per year from both accredited and non-accredited investors under...
June 20, 2026