The SEC Wants to Open Private Markets to Retail Investors. The Liquidity Problem Is Already Showing Up.
TL;DR: On July 7, 2026, the SEC published its 2026 Reg Flex Agenda, listing "Enhancing Retail Exposure to Private Markets" as one of roughly 40 planned rulemakings. That follows the SEC's decision to scrap the old 15%...
July 17, 2026
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
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
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
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
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
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
Long Angle Review 2026: Is a Vetted Investor Community Worth the Dues?
Long Angle built its membership around a simple thesis, according to the community's own site : high-net-worth operators make better investment decisions in a room of peers than alone with a...
July 16, 2026
CLO Equity Explained: The Riskiest, Highest-Paying Slice of Private Credit
CLO equity is the tranche that eats losses first and profits most, and according to the SEC's investor education office , it's also one of the least understood corners of private credit. A CLO,...
July 16, 2026
Private Credit Raised $16 Billion in Q2. Only Half of It Found a Home
Direct lending funds raised $16.25 billion in Q2 2026, up from just $1.3 billion in Q1, according to a Reuters report citing Preqin data . But the money isn't finding a home fast enough. That...
July 16, 2026
Three PE Funds Closed Oversubscribed This Week. Here's Who Actually Benefits
Three private equity firms announced oversubscribed, hard-capped fund closes within 48 hours of each other this week, according to Connect Money . I don't think that's a coincidence, and I don't...
July 16, 2026
EquityBee Review 2026: Should You Fund Someone Else's Stock Options?
EquityBee has built its entire business on a problem most startup employees discover too late, according to the company's own platform : you can't afford to exercise your options after you...
July 16, 2026