BDC Dividend Cuts Accelerate in 2026 as Coverage Ratios Slip Below 1x
TL;DR: The median business development company posted dividend coverage of 0.99x in the first quarter of 2026, and just 0.89x once you strip out payment-in-kind interest, according to a...
July 19, 2026
Recallable Capital and Recycling Provisions: What They Really Cost LPs
Recycling provisions let a private equity general partner reinvest exit proceeds instead of returning them to you, and recallable capital lets the GP pull back a distribution you already banked....
July 19, 2026
Titan Invest Review 2026: Hedge-Fund-Style Marketing Meets a $1M SEC Settlement
TL;DR: Titan Invest markets itself as "hedge fund investing for the rest of us." You get in for $500, pay a flat 0.40% advisory fee, and Titan handles the rest. I like the pitch. I do not like the...
July 19, 2026
KKR's $500 Million Bet on Thomson Reuters' Print Business Comes With a Guarantee
TL;DR: KKR, the $758 billion private equity firm, agreed on July 14, 2026 to buy 51% of Thomson Reuters' Global Print business for $500 million in cash, according to a Thomson Reuters SEC filing...
July 19, 2026
Citation Capital's $1.2 Billion Debut Fund Defies the Worst PE Fundraising Drought in Years
Citation Capital closed its debut fund at $1.2 billion on July 13, 2026, hitting a $1.1 billion hard cap from outside investors plus GP and affiliate capital, according to the firm's official press...
July 19, 2026
Republic Review 2026: Fees, Volume, and the Accredited-Only Pivot
Republic raised only $15.6 million through Reg CF in the United States in 2024. Wefunder raised $99.4 million. StartEngine raised $85.6 million, according to Kingscrowd's 2025 crowdfunding exits and...
July 19, 2026
How to Read a Private Fund's SEC Form D Before You Invest: A Checklist for Accredited Investors
TL;DR: Form D is a notice, not a prospectus. The SEC's own FAQ on Form D confirms it: issuers file it after they sell securities, not before, and it discloses the deal's legal skeleton, not its...
July 19, 2026
Agentiq's Reg A+ Bet on Ronny Cruz: Why the Fee Stack Beats the Odds
TL;DR: Agentiq wants you to buy a piece of a 20-year-old minor-league infielder's future paycheck. Ronny Cruz signed the deal in June 2026, the first athlete on the platform, giving up 10% of his...
July 19, 2026
Databricks Hits $188 Billion Before the Money Even Closes
Databricks just told the world it's worth $188 billion. The money hasn't landed yet. TechCrunch reported on July 17, 2026 that Coatue is leading a new round at that price, with roughly $3 billion...
July 19, 2026
What Happens When a Limited Partner Defaults on a Capital Call
TL;DR: When a limited partner misses a capital call, the general partner doesn't wait around. Most fund agreements give you a written cure period of roughly 5 business days after notice before you're
July 18, 2026
Neko Health's $700M Series C: A 4x Markup in 18 Months, But Whose $7 Billion Is It?
TL;DR: Neko Health, the full-body scanning startup co-founded by Spotify's Daniel Ek, raised $700 million in a Series C led by Lightspeed Venture Partners and O.G. Venture Partners. Media outlets, not
July 18, 2026
Reinsurance Sidecars: The Other Insurance-Linked Bet, and Why It's Not a Cat Bond
Reinsurance Sidecars: The Other Insurance-Linked Bet, and Why It's Not a Cat Bond A reinsurance sidecar is a temporary, fully collateralized partnership where you take a proportional slice of one rei
July 18, 2026