SEC's Proposed Regulation Crypto: Three Exemption Pathways and the Section 11 Gap Investors Need to Know

    SEC's Proposed Regulation Crypto: Three Exemption Pathways and the Section 11 Gap Investors Need to Know

    TL;DR: The SEC is drafting a proposed rule called Regulation Crypto that would create three separate fundraising pathways for token issuers: a Startup Exemption capping raises around $5 million over...

    July 10, 2026

    Russell Investments' $416B Platform Sold to B Capital-CalPERS Consortium

    Russell Investments' $416B Platform Sold to B Capital-CalPERS Consortium

    TL;DR: A consortium led by B Capital, a $12B Singapore-based venture capital firm, is acquiring Russell Investments, a 90-year-old asset manager with $416B in global AUM and $23B parked in...

    July 10, 2026

    Pharmaceutical Royalty Investing: How Royalty Pharma Makes This Alt Asset Public

    Pharmaceutical Royalty Investing: How Royalty Pharma Makes This Alt Asset Public

    TL;DR: Royalty Pharma (NASDAQ: RPRX) is a $31.6-33.3 billion company that buys the right to a slice of future drug sales, and you can own it through any ordinary brokerage account for the price of...

    July 10, 2026

    Blue Owl's £1.3bn UK Hospital Deal: What It Signals for Net-Lease Income Investors

    Blue Owl's £1.3bn UK Hospital Deal: What It Signals for Net-Lease Income Investors

    TL;DR: Blue Owl Capital just closed a £1.3bn (~$1.65B) acquisition of 12 acute-care hospitals from Spire Healthcare Group plc, buying the real estate out of a sale-and-leaseback structure previously...

    July 10, 2026

    Paradigm's $1.2B Fund Says the Crypto VC Boom Isn't Back the Way You Think

    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

    OCREDIT's $2.5B Offering: What a Non-Traded Perpetual-Life BDC Really Costs You

    OCREDIT's $2.5B Offering: What a Non-Traded Perpetual-Life BDC Really Costs You

    TL;DR: On July 7, 2026, T. Rowe Price's OHA Select Private Credit Fund, ticker OCREDIT, registered a new continuous offering for up to $2.5 billion in common shares, split roughly $833.3 million each

    July 9, 2026

    How to Evaluate a Private Credit BDC Before You Invest: A Due-Diligence Checklist

    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

    Real Estate Tokenization's Liquidity Myth: Why Chainlink's Compliance Engine Isn't a Buyer

    Real Estate Tokenization's Liquidity Myth: Why Chainlink's Compliance Engine Isn't a Buyer

    TL;DR: CaliberCos and Chainlink just shipped genuinely useful plumbing for tokenized real estate funds, but plumbing isn't demand. The data on tokens that already trade, RealT's, shows they turn over

    July 9, 2026

    Timberland Investing for Accredited Investors: How TIMOs Work in 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

    CVC's $3.4B Catalyst III Close Reveals the K-Shaped Split in Private Equity

    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

    Mubadala Opens Its $25 Billion Private Credit Book: What It Signals for Accredited Investors

    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

    Streitwise Review 2026: Low Fees, a 77% Dividend Cut, and What Non-Accredited Investors Need to Know

    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