Cadre Direct Access Fund Review 2026: Minimums, Fees, and the Willow Wealth Problem
TL;DR: Cadre's Direct Access Fund still lists a $25,000 minimum and a fee stack around 1.5% annual asset management plus a 1.0% transaction fee, per Cadre's own support page . But the harder fact to...
August 9, 2026
Sycamore Tree's CLO Debt Fund Hit $131.5M: How to Read a Private Credit Filing History
Sycamore Tree Capital Partners' High Grade CLO Debt Fund reported $131.5 million in cumulative securities sold and six investors in a July 23, 2026 Form D/A, up from $121.5 million and two investors...
August 9, 2026
Cornerstone Investors: What the First LP in Your Fund Actually Costs You
TL;DR: A cornerstone investor is the first LP who commits real size, usually 15-30% of your target, before you have a track record for that specific fund, and their check is what unlocks every check...
August 9, 2026
North Haven Net REIT Raises $58.3 Million: What Morgan Stanley's Monthly NAV REIT Closing Actually Costs You
North Haven Net REIT, the perpetual-life, non-listed real estate investment trust advised by a wholly owned subsidiary of Morgan Stanley, sold 2,790,195 common shares on August 3, 2026 for roughly...
August 9, 2026
Redemption Gates: The Fine Print That Decides When You Actually Get Your Money Back
Redemption gates cap how much money can leave a fund in a given quarter, usually 2-5% of net asset value. When requests exceed that cap, you get a partial fill and a place in line for next quarter....
August 9, 2026
CD&R's Fund XIII Offshore Filing: What a SICAV-RAIF Feeder Actually Does
On August 5, 2026, an entity called CD R Fund XIII Private Investors Offshore SICAV-RAIF S.C.Sp. filed a Form D with the SEC under Investment Company Act Section 3(c)(7). It's the offshore feeder...
August 9, 2026
The SPAC Comeback Nobody's Hyping (And Why That's the Point)
SPACs are back, quietly. Not 2021 back. In 2025, 144 SPAC IPOs raised more than $30 billion, the strongest year since the boom, and 2026 is on pace to land somewhere close to that, with roughly 112...
August 9, 2026
9,918 First-Time Funds Filed in Q1 2026: What the SEC's Form D Data Tells You
Reg D fund issuers raised $682.6 billion in the first quarter of 2026, up 39% from $490.4 billion in the fourth quarter of 2025, according to SEC DERA's Regulation D Offerings Statistics . Buried...
August 9, 2026
Democratizing Private Equity, or Democratizing the Exit?
Robinhood Ventures Fund I priced its IPO at $25 in March 2026 , dropped to $21 on day one, spiked to an intraday high of $77.39 within weeks, and now trades around $28 to $30.50 against a net asset va
August 8, 2026
LuminArx and Bridge's $500M Bet on AI-Underwritten Supplier Financing
LuminArx Capital Management and Bridge announced a $500 million financing partnership on August 5, 2026, aimed at CPG brands and retail suppliers that fill purchase orders for Walmart, Sam's Club, and
August 8, 2026
Hadrian's $1.37B Series D: What an $7.87B Valuation Really Tells LPs
Hadrian, the Los Angeles-based startup that builds AI-guided factories for aerospace and defense parts, raised $1.37 billion in a Series D round announced August 6, 2026, at a $7.87 billion post-money
August 8, 2026
PeerStreet's Collapse in Numbers: What a $4.25 Billion Lending Platform's Bankruptcy Teaches Accredited Investors
PeerStreet, a real estate debt crowdfunding platform that raised money from Andreessen Horowitz and moved more than $6 billion in loan volume over its lifetime, filed for Chapter 11 bankruptcy in Dela
August 8, 2026