Martin Marietta's $13.5B Lhoist Deal: What It Signals for Industrial PE

    Martin Marietta's $13.5B Lhoist Deal: What It Signals for Industrial PE

    5 billion acquisition of Lhoist North America on June 29, 2026. The deal values Lhoist at 15x Adjusted EBITDA including synergies, with $85 million in annual cost savings targeted. The Berghmans famil

    June 30, 2026

    Special Situations Investing: How Accredited Investors Access Distressed Deals

    Special Situations Investing: How Accredited Investors Access Distressed Deals

    Oaktree Capital generated 18-23% gross IRR over 30 years. Elliott Management delivered 14.1% compound annual returns with lower volatility than the S P 500. Roughly $900 billion in US high-yield debt

    June 30, 2026

    Mid-Year 2026 Alternative Investment Portfolio Review: The Full Checklist

    Mid-Year 2026 Alternative Investment Portfolio Review: The Full Checklist

    With PE distributions at 6% of AUM (lowest recorded), VC returns concentrated in five mega-firms, and commercial real estate still correcting, the H1 2026 environment requires active assessment not pa

    June 30, 2026

    GP Stakes Investing: How Accredited Investors Access PE Manager Equity in 2026

    GP Stakes Investing: How Accredited Investors Access PE Manager Equity in 2026

    Blue Owl Capital's Dyal unit manages $47.8B across 55+ GP stakes. Deal volume hit 164 transactions in 2025, up 40% year-over-year. Accredited investors can now access this strategy through feeder fund

    June 30, 2026

    Venture Debt Explained: When Startups Borrow Instead of Dilute

    Venture Debt Explained: When Startups Borrow Instead of Dilute

    The US market hit a record $68.8 billion in 2025. Current rates run 10-14% annually with warrant coverage of 0.05-2%, far cheaper than the 15-25% dilution from a typical equity round. SVB's collapse i

    June 30, 2026

    DPI vs TVPI: The LP Metric That Actually Matters in 2026

    DPI vs TVPI: The LP Metric That Actually Matters in 2026

    TVPI (Total Value to Paid-In) includes unrealized paper gains. In 2026, LPs are demanding DPI because distributions fell to 6% of AUM, the lowest recorded level, while nine consecutive vintages failed

    June 30, 2026

    SEC Fraud Alert: How a Fake Form ADV Fooled Investors in 2026

    SEC Fraud Alert: How a Fake Form ADV Fooled Investors in 2026

    18 million default judgment against AI Financial Education Foundation Ltd. for filing false Form ADV disclosures claiming $10 million in AUM, a Denver office, and a private fund that did not exist. Th

    June 30, 2026

    CrowdStreet 2026: What Happened After the $63M Fraud and Is It Safe Now?

    CrowdStreet 2026: What Happened After the $63M Fraud and Is It Safe Now?

    8 million of investor capital in the 2023 Nightingale fraud. CEO Elchonon Schwartz was sentenced to 87 months in prison in May 2025 with $45.8 million in restitution ordered. Only 13% of stolen funds

    June 30, 2026

    H1 2026 Private Markets Recap: What the Numbers Actually Say

    H1 2026 Private Markets Recap: What the Numbers Actually Say

    $412 billion in H1 2025. VC deal value hit a record on the back of AI mega-rounds — OpenAI's $122 billion Series D alone represented 41% of Q1 global VC. Five mega-firms captured 73% of

    June 30, 2026

    EQT's €5 Billion Scaleup Europe Fund: What Accredited Investors Need to Know

    EQT's €5 Billion Scaleup Europe Fund: What Accredited Investors Need to Know

    TL;DR EQT's Scaleup Europe Fund is targeting €5 billion to back 30-40 late-stage European tech companies, anchored by a €1 billion European Commission commitment. Denmark's national promotional bank E

    June 29, 2026

    Accredited Investor Verification Under Rule 506(c): Three Methods, Real Costs

    Accredited Investor Verification Under Rule 506(c): Three Methods, Real Costs

    TL;DR Rule 506(c) requires issuers to take "reasonable steps to verify" accredited investor status — three documented methods satisfy that standard: income records, net worth documentation, and third-

    June 29, 2026

    Invesco Bets $2.3 Trillion of Credibility on Tokenized Stablecoin Reserves

    Invesco Bets $2.3 Trillion of Credibility on Tokenized Stablecoin Reserves

    TL;DR Invesco ($2.3 trillion AUM) filed with the SEC on June 24, 2026, to launch a tokenized money market fund built to hold GENIUS Act-compliant stablecoin reserves. The fund holds only short-dated U

    June 29, 2026