Real Estate Secondaries: The $20B Market LPs Are Using to Generate Liquidity Right Now
Real estate secondary transactions reached $20.3-25.1 billion in 2025 — up 25% per year since 2019 — and GP-led transactions now account for 72% of volume. Real estate LP positions are trading at 71%
August 4, 2026
The Pre-Term-Sheet Discipline Every Capital Raiser Skips
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
August 4, 2026
NAV Loans in Private Equity: How GPs Borrow Against Fund Portfolios to Pay LPs
By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026
August 3, 2026
GP Stakes Investing: How Blue Owl, Petershill, and Wafra Buy Into PE Managers
By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026
August 3, 2026
Index Ventures Closes $3.5B Across Three Funds After Wiz Windfall
Index Ventures closed $2B in new capital in July 2026, bringing its total fresh firepower to $3.5B spread across three purpose-built funds: a $400M seed vehicle, a $900M venture fund, and a $700M grow
August 3, 2026
Carried Interest Taxation 2026: What Congress Is Threatening and What It Costs PE Funds
Congress has tried to eliminate the carried interest tax preference since 2007 and has failed every time. The most recent attempt, H.R. 1091 (Carried Interest Fairness Act of 2025), is still alive in
August 3, 2026
SEC Proposes Scrapping Reg NMS Rule 611 — What It Means for Tokenized Stocks on DeFi
By Jeff Barnes, MBA | August 3, 2026
August 3, 2026
Ondo Finance Eyes $500M Deal as RWA Market Crosses $36B
By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026
August 3, 2026
Rule 506(c) Just Got Clearer for Tokenized Securities: What the July 2026 SEC Guidance Means
By Jeff Barnes, MBA | August 3, 2026 | Angel Investors Network
August 3, 2026
Preferred Equity in Real Estate: Where It Sits in the Capital Stack and What Investors Earn
By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026
August 3, 2026
Cov-Lite Loans in Private Credit: What the Lack of Covenants Means for Direct Lending Investors
By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026
August 3, 2026
PIK Loans in Private Credit: What Payment-in-Kind Notes Mean for Direct Lending Investors
By Jeff Barnes, MBA | Angel Investors Network | August 3, 2026
August 3, 2026