SambaNova Raises $1B at $11B Valuation Months After Intel Talks Collapsed
TL;DR: SambaNova Systems just closed the first tranche of a Series F round: $1 billion at an $11 billion valuation, led by General Atlantic, with a second close still pending more investors as of July
July 8, 2026
Blackstone's Dresser Utility Solutions Buy: Inside a $28B Energy Transition PE Playbook
TL;DR: On July 6, 2026, Blackstone Energy Transition Partners agreed to buy Dresser Utility Solutions, a 145-year-old Houston-based maker of gas and water metering and instrumentation equipment, from
July 8, 2026
Non-Traded REIT Redemption Gates: What BREIT's 15-Month Freeze Teaches You
TL;DR: Non-traded REITs advertise monthly redemption windows, but nearly all of them cap payouts at 2% of net asset value per month and 5% per quarter. When redemption requests exceed those caps, the
July 8, 2026
Convertible Arbitrage, Decoded: How Hedge Funds Trade Mispriced Options
TL;DR: Convertible arbitrage is a hedge fund strategy that buys a company's convertible bonds while short-selling its common stock to isolate and harvest a cheap embedded call option. The trade has co
July 8, 2026
Fine Art Investment Funds: The Illiquid, High-Fee Alternative Behind the British Rail Legend
TL;DR: The British Rail Pension Fund earned roughly 13% annualized on art it bought between 1974 and 1999, spending £40 million on about 2,500 works before fully divesting by 2003. It's the single...
July 7, 2026
Invoice Factoring & Trade Finance Funds: Short-Duration Yield After Greensill
TL;DR: Global factoring turnover topped €4.04 trillion in 2025, up 3.7% year over year, with US factoring volume growing more than 35%, according to the Federal Reserve's October 2025 Senior Loan...
July 7, 2026
Capitol Meridian Buys the Building, Not the Contract: Inside the Westway Enterprises SCIF-as-a-Service Deal
Capitol Meridian Buys the Building, Not the Contract According to EIN Presswire , Capitol Meridian Partners has acquired Westway Enterprises LLC, the largest provider of ICD 705-accredited classified...
July 7, 2026
PIPE Deals: How Accredited Investors Buy Public Companies at a Discount
TL;DR: On July 1, 2026, BridgeBio Pharma closed a $933.9 million PIPE (private investment in public equity) with Sixth Street and a KKR affiliate, selling Series A convertible preferred stock at...
July 7, 2026
ESOPs as a Business Exit Vehicle: How Accredited Investors Can Fund the Transition
TL;DR: According to the National Center for Employee Ownership (NCEO) , 6,609 ESOPs now hold $2.06 trillion in total plan assets and cover 15.1 million participants, based on 2023 Form 5500 filings....
July 7, 2026
TeraWulf's $19 Billion Anthropic Lease: What the Bitcoin-Miner-to-AI Pivot Really Signals
According to TeraWulf's 8-K filing , the Bitcoin miner signed a 20-year lease with Anthropic PBC worth roughly $19 billion, turning a coal-country power site in Hawesville, Kentucky into what will...
July 7, 2026
Structured Notes: The 'Best of Both Worlds' Pitch Accredited Investors Should Interrogate
TL;DR: U.S. structured note issuance hit a record $226 billion in 2025, up 14.1% year over year, per SPI Intelligence's USA Market Report. According to the SEC's own investor bulletin on structured...
July 7, 2026
Goldman Sachs Bets $110M That AI Can Make Banks' Riskiest Calls: Inside Taktile's Series C
According to PYMNTS , Taktile has raised a $110 million Series C led by the growth equity arm of Goldman Sachs Alternatives, with the round announced July 6, 2026. The company builds AI decisioning...
July 7, 2026