The BDC Redemption Crisis: Why $15.6 Billion Couldn't Get Out in Q2 2026
Investors asked private credit funds for $15.6 billion back in the second quarter of 2026. Ten of the 16 business development companies that Fitch Ratings tracks couldn't pay it. Their quarterly redem
July 12, 2026
Serent Capital's Record $1.3B Fund VI Signals a Growth Equity Rebound
Serent Capital just closed the largest fund of its 18-year history. Fund VI landed at $1.3 billion, beating its own record and arriving at a moment when buyout PE is stuck in neutral. That timing matt
July 12, 2026
The Informed Investor Access Act: What Advisor-Verified Accreditation Really Changes
Rep. Troy Downing wants your financial advisor to decide whether you're sophisticated enough to buy a private placement. His bill, the Informed Investor Access Act, would let a registered investment a
July 12, 2026
Cardone Capital Review 2026: Fees, Fund Structure, and the SEC History Nobody Mentions on Instagram
Cardone Capital is Grant Cardone's real estate syndication platform, built around multifamily apartment funds that raise money from thousands of small investors and roll it into large property acquisi
July 12, 2026
Private Credit Hit $2.1 Trillion. The SEC Just Made It a Top 2026 Exam Priority.
Private credit just crossed $2.1 trillion in global assets under management. Same quarter, the SEC put it on the top of the list of things examiners will scrutinize in 2026. I don't think that's a coi
July 12, 2026
How to Evaluate a BDC Before You Invest: A Due-Diligence Checklist
Business development companies look simple on the surface. You buy shares, you collect a double-digit yield, you move on. In 2026, that surface cracked. Non-traded BDCs took in more than $15.6 billion
July 12, 2026
Arctos Keystone Partners Fund I Closes at $6.2 Billion: Inside KKR's GP-Financing Bet
Arctos closed its first Keystone fund at $6.2 billion. That is 55% above the $4 billion target the firm set out to raise, and it makes Keystone Fund I the largest first-time GP Solutions vehicle ever
July 12, 2026
Ares Core Infrastructure Fund's $1.11B July Raise Signals a Wealth-Channel Land Grab
Ares Management pulled in $1.11 billion for its Core Infrastructure Fund in July 2026. That's the single largest monthly haul the fund has posted since launch, and it beats June's $851.3 million by 30
July 12, 2026
HarbourVest's $4.75B Co-Investment Close Signals a New High in LP Demand
HarbourVest Partners just closed its seventh direct co-investment program, HCF VII, at $4.75 billion. That's 19% above the fund's original $4 billion target. When a program this size clears its hard c
July 12, 2026
Subscription Lines of Credit: How Sub Lines Distort Reported PE/VC Fund IRR
A six-month delay in calling capital can add close to two full percentage points to a private equity fund's reported IRR without changing a single dollar of profit. According to the Kenan...
July 11, 2026
Activist Hedge Fund Investing: How Shareholder Activists Force Change and Unlock Value
Elliott Management spent two months in private talks with Synopsys (NASDAQ: SNPS) before the chip-design software maker agreed, on May 26, 2026, to put Elliott partner Jesse Cohn on its board....
July 11, 2026
Risk Parity Explained: How Bridgewater's All Weather Strategy Broke in 2022
Bridgewater Associates' All Weather fund lost roughly 22% in 2022. That's worse than its drawdown in the 2008 financial crisis, when the fund fell about 20%. According to Markov Processes...
July 11, 2026