CVC's $3.4B Catalyst III Close Reveals the K-Shaped Split in Private Equity
TL;DR: CVC Capital Partners just closed Catalyst III, its third European mid-market buyout fund, at roughly €3.0 billion ($3.4 billion), nearly double the €1.75 billion ($2.0 billion) target it set ou
July 9, 2026
Liquid Alternative Funds: Hedge Fund Strategies for Everyday Investors
TL;DR: Liquid alternative funds promise hedge fund strategies with the daily liquidity of a mutual fund. From June 2006 to June 2022, the average liquid alt fund trailed global stocks by 4.2 percentag
July 9, 2026
Streitwise Review 2026: Low Fees, a 77% Dividend Cut, and What Non-Accredited Investors Need to Know
TL;DR: Streitwise charges one of the lowest fees in the non-traded REIT business, a flat 2% annual management fee with no promote, no acquisition fee, and no 7-10% load buried in the fine print. That
July 9, 2026
Paradigm's $1.2B Fund Says the Crypto VC Boom Isn't Back the Way You Think
TL;DR: Paradigm, the crypto venture firm co-founded by former Coinbase exec Fred Ehrsam and former Sequoia Capital partner Matt Huang, closed a $1.2 billion fourth fund on July 8, 2026, its third dedi
July 9, 2026
Timberland Investing for Accredited Investors: How TIMOs Work in 2026
TL;DR: Timberland is a roughly $200 billion global institutional asset class, and over the past three decades the NCREIF Timberland Index has delivered its return in an almost perfect 50/50 split: abo
July 9, 2026
Mubadala Opens Its $25 Billion Private Credit Book: What It Signals for Accredited Investors
TL;DR: On July 6, 2026, Mubadala Investment Company handed its entire $25 billion private credit book to Mubadala Capital, its asset-management arm, and threw in a $4.65 billion capital top-up so the
July 9, 2026
How to Evaluate a Private Credit BDC Before You Invest: A Due-Diligence Checklist
TL;DR: In early 2026, Blue Owl Capital Corp II froze quarterly redemptions entirely for a $1.6 billion non-traded business development company, after investors realized a wave of loan markdowns could
July 9, 2026
Royalty Exchange Review 2026: Buying Music Royalties as an Alternative Asset
TL;DR: Royalty Exchange has brokered more than $200 million across 2,000-plus royalty transactions since it opened its marketplace, drawing in over 30,000 registered investors who bid on income stream
July 9, 2026
SambaNova Raises $1B at $11B Valuation Months After Intel Talks Collapsed
TL;DR: SambaNova Systems just closed the first tranche of a Series F round: $1 billion at an $11 billion valuation, led by General Atlantic, with a second close still pending more investors as of July
July 8, 2026
AI Mega-Round Valuations Are a Warning Sign, Not a Green Light, for Accredited Investors
TL;DR: SambaNova jumping from a $1.6 billion Intel acquisition price to an $11 billion Series F in seven months, and Norm hitting a $1.2 billion "unicorn" tag on just $260 million raised in under thre
July 8, 2026
Convertible Arbitrage, Decoded: How Hedge Funds Trade Mispriced Options
TL;DR: Convertible arbitrage is a hedge fund strategy that buys a company's convertible bonds while short-selling its common stock to isolate and harvest a cheap embedded call option. The trade has co
July 8, 2026
Norm AI Hits $1.2B Unicorn Status as New York Life, TIAA Back $120M Series C
TL;DR: Norm AI, a compliance-automation startup that translates regulations into machine-readable rules for large enterprises, closed a $120 million Series C on July 7, 2026, at a $1.2 billion valuati
July 8, 2026