SEC's 2026 Small Business Forum: Reg CF Could Go to $20M — And Accredited Investor Rules May Change Too
The SEC's 45th Annual Small Business Forum, held March 9, 2026, produced a report delivered to Congress on July 27, 2026. Participants voted to prioritize five recommendations — led by raising the Reg
July 29, 2026
Lower Middle Market Direct Lending: The Underserved $9 Billion Niche Below the Radar
TL;DR: Lower middle market (LMM) direct lending targets companies with $5M to $25M EBITDA. It pays 100 to 150 basis points more than upper-middle-market loans, carries lower leverage (4.0x vs. 5.0 to
July 28, 2026
GP-Led Secondaries vs. LP-Led Secondaries: A Complete Guide for Accredited Investors
TL;DR: The secondary market reached $116 billion in 2025, up from $88 billion in 2023. GP-led secondaries — where fund managers roll trophy assets into new continuation vehicles — now dominate the mar
July 28, 2026
Securitize Registers as SEC Investment Adviser: What Tokenized Fund Compliance Means for Investors
TL;DR: Securitize Capital registered as an SEC investment adviser on July 27, 2026. That registration adds a fourth federal license to its existing broker-dealer, alternative trading system, and trans
July 28, 2026
Angel Investor vs Venture Capitalist — Complete Comparison Guide
According to the Angel Capital Association's 2025 halo report , private markets continue to evolve as institutional and accredited investors seek alternatives to traditional public market exposure. Yo
July 28, 2026
How Multi-Strategy Hedge Funds Seed External Managers: A Guide for Accredited Investors
TL;DR: Hedgeweek reported July 27 that Meridiem Capital rebuilt from near-zero to $1.6 billion in assets after Millennium Management withdrew its $1.5 billion seed investment. Schonfeld Strategic Advi
July 28, 2026
The Complete Capital Raising Framework: 7 Steps That Raised $100B+
According to Pitchbook's 2025 Private Equity Outlook , private markets continue to evolve as institutional and accredited investors seek alternatives to traditional public market exposure. Most capita
July 28, 2026
The Great AI Funding Bifurcation: Why 99% of Founders Are Raising Wrong in 2026
According to Crunchbase funding data , private markets continue to evolve as institutional and accredited investors seek alternatives to traditional public market exposure. Most founders still think A
July 28, 2026
SAFE Note vs Convertible Note — Complete Comparison
According to the Angel Capital Association's 2025 halo report , private markets continue to evolve as institutional and accredited investors seek alternatives to traditional public market exposure. Mo
July 28, 2026
PGIM Acquires Deerpath Capital: How Full-Spectrum Direct Lending Works from $5M to $500M Deals
TL;DR: PGIM announced July 27 it is acquiring the remaining 25% of Deerpath Capital, completing its full ownership of a lower middle market lender with $9 billion in AUM and 1,200 transactions over 20
July 28, 2026
Why Mangrove Hit the Hard Cap at $250M While Other Funds Stall
According to Pitchbook's 2025 Private Equity Outlook , private markets continue to evolve as institutional and accredited investors seek alternatives to traditional public market exposure. In private
July 28, 2026
Multi-Strategy Closes: Why Bain Built a $5B Conviction Model
According to Pitchbook's 2025 Private Equity Outlook , private markets continue to evolve as institutional and accredited investors seek alternatives to traditional public market exposure. Most fund m
July 28, 2026