9fin's BDC Watchlist Flags $5.7 Billion in At-Risk Loans, and the Market Already Priced It In

    9fin's BDC Watchlist Flags $5.7 Billion in At-Risk Loans, and the Market Already Priced It In

    TL;DR: On July 16, 2026, debt-data platform 9fin launched a BDC Watchlist flagging $5.7 billion of loans across 157 business development companies (BDCs) as at risk of further deterioration, about 1.9% of the $305.2...

    July 17, 2026

    Fireworks AI Just Raised $1.5B at a $17.5B Valuation, and Nvidia Keeps Funding Its Own Customer

    Fireworks AI Just Raised $1.5B at a $17.5B Valuation, and Nvidia Keeps Funding Its Own Customer

    TL;DR: Fireworks AI, a San Mateo startup that helps developers train and run custom AI models instead of renting them from big labs, raised $1.5 billion in a Series D at a $17.5 billion valuation, according to...

    July 17, 2026

    Why Cox Capital's BDC Tender Offers Are Priced 15% to 30% Below NAV

    Why Cox Capital's BDC Tender Offers Are Priced 15% to 30% Below NAV

    TL;DR: Cox Capital Partners is offering cash tender offers to investors trapped in three gated private-credit BDCs: HPS Corporate Lending Fund (HLEND), Apollo Debt Solutions BDC (ADS), and Ares Strategic Income Fund...

    July 17, 2026

    Timberland Investing Explained: How TIMOs, Direct Land, and Timber REITs Actually Work

    Timberland Investing Explained: How TIMOs, Direct Land, and Timber REITs Actually Work

    TL;DR: A TIMO (Timber Investment Management Organization) is a professional manager that buys, grows, and harvests timberland for investors. Pension funds and endowments have used them since the 1970s, and the NCREIF...

    July 17, 2026

    Catastrophe Bonds Explained: How Cat Bonds and ILS Actually Work in 2026

    Catastrophe Bonds Explained: How Cat Bonds and ILS Actually Work in 2026

    TL;DR: Catastrophe bonds let insurers offload hurricane and earthquake risk to investors like you, in exchange for coupon yields that have averaged roughly 7.4% a year since 2002 and returned double digits three years...

    July 17, 2026

    Moonfare Review 2026: What You're Really Paying For in Private Equity Access

    Moonfare Review 2026: What You're Really Paying For in Private Equity Access

    TL;DR: Moonfare is a feeder-fund platform that pools smaller checks from individual accredited and qualified investors into single-LP vehicles, which then buy institutional-size stakes in private equity funds run by...

    July 17, 2026

    Silver Hill Energy Partners Closes $1.277B Fund V: What the Oversubscription Really Signals

    Silver Hill Energy Partners Closes $1.277B Fund V: What the Oversubscription Really Signals

    TL;DR: Silver Hill Energy Partners, a Dallas-based operator, closed its fifth fund, Silver Hill Energy Partners V, at $1.277 billion on July 16, 2026, oversubscribed and backed mostly by repeat institutional investors —...

    July 17, 2026

    The Key Person Clause: What Actually Protects You If Your Fund Manager Walks Away

    The Key Person Clause: What Actually Protects You If Your Fund Manager Walks Away

    Most LPs invest in a fund because of two or three specific people, and almost none of them read the clause that protects them if those people leave, according to the SEC's own investor education...

    July 16, 2026

    Trade Credit Insurance Funds: The Alternative Asset Class Betting on Who Doesn't Get Paid

    Trade Credit Insurance Funds: The Alternative Asset Class Betting on Who Doesn't Get Paid

    Trade credit insurance protects a business against the one risk most owners never plan for, according to the National Association of Insurance Commissioners : a customer that simply doesn't pay....

    July 16, 2026

    Senra Systems Raised $65M to Automate One of Manufacturing's Last Manual Processes

    Senra Systems Raised $65M to Automate One of Manufacturing's Last Manual Processes

    Senra Systems just raised $65 million to fix one of manufacturing's most stubbornly manual processes, according to The AI Journal . The Series B, announced July 15, 2026, was co-led by...

    July 16, 2026

    Cyclops Raised $20M to Fix the Weekend Problem in Payments. Here's the Real Opportunity

    Cyclops Raised $20M to Fix the Weekend Problem in Payments. Here's the Real Opportunity

    Cyclops just raised $20 million to fix a problem most people don't know exists in how money moves on weekends, according to Fortune . The Miami-based fintech closed a Series A led by Nava...

    July 16, 2026

    SkyKnight Capital Closes Fund V at $2 Billion, More Than Doubling Its Last Raise

    SkyKnight Capital Closes Fund V at $2 Billion, More Than Doubling Its Last Raise

    SkyKnight Capital just closed its fifth buyout fund at $2 billion, according to Connect Money . The fund, SkyKnight Capital Fund V, was oversubscribed against a $1.5 billion target, closed on...

    July 16, 2026