Structured Notes: The 'Best of Both Worlds' Pitch Accredited Investors Should Interrogate
TL;DR: U.S. structured note issuance hit a record $226 billion in 2025, up 14.1% year over year, per SPI Intelligence's USA Market Report. According to the SEC's own investor bulletin on structured...
July 7, 2026
Trading Cards as an Alternative Asset: What the Fractional Platforms Won't Tell You About Liquidity
TL;DR: Collectable Sports Assets LLC, the SEC-registered platform that let accredited and retail investors buy fractional shares of vintage trading cards, halted secondary trading in 2024 and issued...
July 7, 2026
PIPE Deals: How Accredited Investors Buy Public Companies at a Discount
TL;DR: On July 1, 2026, BridgeBio Pharma closed a $933.9 million PIPE (private investment in public equity) with Sixth Street and a KKR affiliate, selling Series A convertible preferred stock at...
July 7, 2026
Goldman Sachs Bets $110M That AI Can Make Banks' Riskiest Calls: Inside Taktile's Series C
According to PYMNTS , Taktile has raised a $110 million Series C led by the growth equity arm of Goldman Sachs Alternatives, with the round announced July 6, 2026. The company builds AI decisioning...
July 7, 2026
Fine Art Investment Funds: The Illiquid, High-Fee Alternative Behind the British Rail Legend
TL;DR: The British Rail Pension Fund earned roughly 13% annualized on art it bought between 1974 and 1999, spending £40 million on about 2,500 works before fully divesting by 2003. It's the single...
July 7, 2026
Capitol Meridian Buys the Building, Not the Contract: Inside the Westway Enterprises SCIF-as-a-Service Deal
Capitol Meridian Buys the Building, Not the Contract According to EIN Presswire , Capitol Meridian Partners has acquired Westway Enterprises LLC, the largest provider of ICD 705-accredited classified...
July 7, 2026
Market-Neutral Hedge Fund Strategies: How Uncorrelated Returns Actually Work
TL;DR: A market-neutral hedge fund isn't trying to beat the SP 500. It's trying to earn a small, steady spread over cash by holding roughly 50% of net assets long and 50% short, so the portfolio's bet
July 6, 2026
Moonfare Review: What Accredited Investors Actually Buy in a Feeder Fund — and What It Costs
Moonfare has scaled to 3.9 billion in assets under management with more than 5,600 investors across 24 countries , and it did it by cutting the private equity check size from the traditional $5 millio
July 6, 2026
Deal-by-Deal vs Fund-Level Carry Waterfalls: The Structural Risk Hiding Behind the Headline Carry Rate
TL;DR: 64% of North American buyout funds still use an American, deal-by-deal carry waterfall, versus just 36% on a whole-fund European structure, according to Proskauer's 2026 "Under the Microscope"
July 6, 2026
Structured Settlement Factoring as an Alternative Fixed-Income Asset Class
J.G. Wentworth's securitization vehicle bought structured settlement payment streams from injury victims and lottery winners at an average 10.92% discount rate, then repackaged those same cash flows i
July 6, 2026
SEC Rule 144A: The Institutional Safe Harbor Behind Your Private Credit Fund's Portfolio
A qualified institutional buyer needs $100 million parked in securities before it can touch a Rule 144A bond. You don't have that. But if you own shares in Barings BDC (NYSE: BBDC) or a private credit
July 6, 2026
The 721 Exchange: How Accredited Investors Turn a 1031-DST Into Liquid REIT Shares
DST equity raised hit $8.41 billion in 2025, up 49% year-over-year from $5.66 billion in 2024, and Mountain Dell Consulting projects $10-11 billion for 2026 — a big chunk of that capital is chasing a
July 6, 2026