The Adverse Selection Problem Hidden in Retail Private Markets
TL;DR: Private markets are opening to retail investors at record speed, and my read is that the products reaching retail shelves first are disproportionately the ones institutional LPs have already pr
September 6, 2026
CVC Capital Partners Raises $10 Billion for Its Largest-Ever Secondaries Fund
CVC Capital Partners closed its largest-ever secondaries fund on September 3, 2026, raising $10 billion for Secondary Opportunities Fund VI (SOF VI) — nearly doubling the $5.8 billion its predecessor
September 6, 2026
Saudi Arabia's HUMAIN Plans a $10 Billion AI Venture Fund. Here Is What It Means for You.
TL;DR: Saudi Arabia's HUMAIN, a wholly owned subsidiary of the $1.1 trillion Public Investment Fund (PIF), told Semafor on September 3 that its planned $10 billion global AI venture fund could launch
September 6, 2026
Sports Team Ownership Funds: A Plain-English Guide to the Alternative Asset Class
TL;DR: Professional sports team ownership has become a recognized alternative asset class as every major U.S. league now permits institutional capital: the NFL became the last holdout when NFL owners
September 6, 2026
Carbon Removal Investing: What Accredited Investors Need to Know
TL;DR: Frontier, the advance market commitment backed by Stripe, Alphabet, Shopify, Meta, and McKinsey, has pledged to buy $1.8 billion worth of permanent carbon removal by 2040 , and corporate offtak
September 6, 2026
How an LP Should Read a Continuation Vehicle Fairness Opinion Before Deciding to Roll or Sell
TL;DR: Continuation vehicles generated $65 billion of GP-led secondary volume in the first half of 2026, up 35% year over year, according to Evercore's H1 2026 Secondary Market Review — and every one
September 6, 2026
Fintor Review 2026: What Happened to the Fractional Real Estate App
TL;DR: Fintor raised $33.7M and built a fractional real estate app that let investors buy shares of individual rental homes for as little as $5, but its legal entity Fintor Assets, LLC filed a formal
September 6, 2026
PeerRealty Review 2026: What Happened to This Real Estate Crowdfunding Platform?
TL;DR: PeerRealty, a Chicago-based real estate crowdfunding platform that launched in 2014 and accepted accredited investors into Regulation D equity deals, stopped posting new investment opportunitie
September 6, 2026
Co-GP Investing Explained: How Limited Partners Buy a Piece of the General Partner, Not Just the Fund
Co-GP investing means buying an equity stake in the General Partner entity of a specific real estate or private equity deal, not contributing capital as a passive limited partner. A co-GP investor...
September 5, 2026
Family Offices Aren't Smart Money Anymore, They're the New Retail
The conventional wisdom treats family office capital as patient, sophisticated "smart money" that belongs at the top of any cap table. Here is my read: for a large and fast-growing share of family...
September 5, 2026
Alpha Dhabi Doubles Its Stake in Mubadala Capital Micad Credit JV to $1 Billion
TL;DR: Alpha Dhabi Holding has doubled its capital commitment in the Micad Credit joint venture to $1 billion, lifting its ownership stake from 20% to 40% in a vehicle that now manages $1.7 billion...
September 5, 2026
Private Credit Funds Promise Retail Access. Their Own Data Shows Class I Getting 99% of the Money.
As of July 31, 2026, PGIM Private Credit Fund had raised $278.1 million through Class I shares out of $281.1 million in total disclosed proceeds. Class S, the commission-based retail share class,...
September 5, 2026