Preferred Equity in Real Estate: Where It Sits in the Capital Stack and What Investors Earn

    Preferred Equity in Real Estate: Where It Sits in the Capital Stack and What Investors Earn

    By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026

    August 3, 2026

    Cov-Lite Loans in Private Credit: What the Lack of Covenants Means for Direct Lending Investors

    Cov-Lite Loans in Private Credit: What the Lack of Covenants Means for Direct Lending Investors

    By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026

    August 3, 2026

    SEC Proposes Scrapping Reg NMS Rule 611 — What It Means for Tokenized Stocks on DeFi

    SEC Proposes Scrapping Reg NMS Rule 611 — What It Means for Tokenized Stocks on DeFi

    By Jeff Barnes, MBA | August 3, 2026

    August 3, 2026

    Rule 506(c) Just Got Clearer for Tokenized Securities: What the July 2026 SEC Guidance Means

    Rule 506(c) Just Got Clearer for Tokenized Securities: What the July 2026 SEC Guidance Means

    By Jeff Barnes, MBA | August 3, 2026 | Angel Investors Network

    August 3, 2026

    Index Ventures Closes $3.5B Across Three Funds After Wiz Windfall

    Index Ventures Closes $3.5B Across Three Funds After Wiz Windfall

    Index Ventures closed $2B in new capital in July 2026, bringing its total fresh firepower to $3.5B spread across three purpose-built funds: a $400M seed vehicle, a $900M venture fund, and a $700M grow

    August 3, 2026

    Management Fee Offset in Private Equity: What Every LP Should Negotiate

    Management Fee Offset in Private Equity: What Every LP Should Negotiate

    Management fee offsets reduce the effective cost of PE fund ownership by crediting portfolio company fees back against management fees charged to LPs. In 2026, 100% transaction fee offsets and 80%

    August 2, 2026

    Lincoln Property Crosses $2 Billion in 2026 Capital: Family Offices Are Back in CRE

    Lincoln Property Crosses $2 Billion in 2026 Capital: Family Offices Are Back in CRE

    Lincoln Property Company crossed $2 billion in capital formation in 2026, driven substantially by family office partnerships. The anchor investors — connected to Pilot Flying J and Endeavor Energy

    August 2, 2026

    Ares Management Q2 2026: $52 Billion in Direct Lending — What It Means for Accredited Investors

    Ares Management Q2 2026: $52 Billion in Direct Lending — What It Means for Accredited Investors

    Ares Management closed $8.2 billion in new U.S. direct lending commitments in Q2 2026 alone, bringing its trailing 12-month total to $52.3 billion. That number tells you where institutional capital

    August 2, 2026

    Interval Fund vs Closed-End Fund: Which Belongs in Your Alternative Portfolio?

    Interval Fund vs Closed-End Fund: Which Belongs in Your Alternative Portfolio?

    Interval funds and closed-end funds both give retail investors access to illiquid alternatives — private credit, real estate, infrastructure. But they are structurally different. Interval funds trade

    August 2, 2026

    Private Equity Secondaries Hit Record $121B in H1 2026: What LPs Need to Know

    Private Equity Secondaries Hit Record $121B in H1 2026: What LPs Need to Know

    The private equity secondaries market closed H1 2026 at $121 billion in volume — a record first half. GP-led secondaries hit $65 billion, up 35% year-over-year. The full year is tracking to $250-260

    August 2, 2026

    SEC's First Rule 18f-4 Enforcement: What Every ETF Investor Needs to Know

    SEC's First Rule 18f-4 Enforcement: What Every ETF Investor Needs to Know

    The SEC just issued its first-ever enforcement action under Rule 18f-4 — the derivatives risk management rule for investment companies. The target was Simplify Asset Management. The penalty was

    August 2, 2026

    How to Build an Angel Investing Portfolio: The Math Behind Diversification

    How to Build an Angel Investing Portfolio: The Math Behind Diversification

    Angel investing returns follow a power law. The top 1% of deals return 50x or more. The bottom third are total losses. This means diversification is not optional — it is the mechanism that makes

    August 2, 2026