Fund of Funds Explained: Fees, Returns, and Who Should Use One

    Fund of Funds Explained: Fees, Returns, and Who Should Use One

    **TL;DR** A Fund of Funds (FoF) is a pooled investment vehicle that buys stakes in other investment funds rather than directly in portfolio companies. You get access to oversubscribed top-tier manager

    June 7, 2026

    Hologic's $18.3B Take-Private: A PE Deal Masterclass

    Hologic's $18.3B Take-Private: A PE Deal Masterclass

    Blackstone and TPG just closed an $18.3 billion take-private of Hologic on April 7, 2026. The price was $76 per share in cash plus a contingent value right (CVR) worth up to $3 per share. That's a 46

    June 7, 2026

    Form ADV: How to Read It Before You Hire Any Financial Adviser

    Form ADV: How to Read It Before You Hire Any Financial Adviser

    FORM ADV: HOW TO READ IT BEFORE YOU HIRE ANY FINANCIAL ADVISER TL;DR Form ADV is the mandatory SEC disclosure document that every registered investment adviser must file. You need to read it before yo

    June 7, 2026

    ROFR Explained: How Right of First Refusal Affects Your Exit

    ROFR Explained: How Right of First Refusal Affects Your Exit

    **TL;DR: Right of First Refusal (ROFR) gives your company and other investors the right to match any third-party offer on your shares before you can sell them. This restriction can delay your secondar

    June 7, 2026

    Helion Energy's $465M Series G: Inside the Fusion Energy Bet Accredited Investors Are Watching

    Helion Energy's $465M Series G: Inside the Fusion Energy Bet Accredited Investors Are Watching

    TL;DR: Helion Energy raised $465 million in Series G funding on June 4, 2026, with Thrive Capital leading at a $15.5 billion post-money valuation. The company now has a binding 50 MW power purchase ag

    June 7, 2026

    L Catterton: Inside the LVMH-Backed Consumer PE Giant

    L Catterton: Inside the LVMH-Backed Consumer PE Giant

    TL;DR: L Catterton manages $30.9 billion in SEC-regulated assets and stands as the world's largest consumer-focused private equity firm. LVMH and Groupe Arnault own 40% of the partnership. The remaini

    June 7, 2026

    NewLimit's $435M Series C: Inside the Longevity Biotech Bet

    NewLimit's $435M Series C: Inside the Longevity Biotech Bet

    **TL;DR:** NewLimit raised $435 million in Series C funding on June 2, 2026, at a $3.1 billion valuation. Founders Fund led the round. Brian Armstrong (Coinbase CEO) co-founded the company in 2021 and

    June 7, 2026

    TVPI Explained: The PE Metric LPs Use to Grade Fund Returns

    TVPI Explained: The PE Metric LPs Use to Grade Fund Returns

    TL;DR TVPI (Total Value to Paid-In Capital) measures every dollar of value a private equity fund has generated relative to the capital you invested. It combines the cash you have already received with

    June 7, 2026

    Blackstone Gates BCRED for the First Time: What It Means for Your Alternative Investments

    Blackstone Gates BCRED for the First Time: What It Means for Your Alternative Investments

    Blackstone just did something it has never done before. On June 4, 2026, the investment giant announced it would gate redemptions on BCRED, its flagship $79 billion private credit fund. Investors aske

    June 7, 2026

    The SEC Petition to Raise Reg CF to $20M: What It Means for Angel Investors and Crowdfunding

    The SEC Petition to Raise Reg CF to $20M: What It Means for Angel Investors and Crowdfunding

    In January 2026, Sherwood Neiss, the co-author of the original JOBS Act Title III crowdfunding framework, filed a formal petition with the SEC asking the Commission to raise the Regulation...

    June 6, 2026

    The Liquidity Illusion in Evergreen PE Funds: What Accredited Investors Aren't Being Told

    The Liquidity Illusion in Evergreen PE Funds: What Accredited Investors Aren't Being Told

    When Partners Group gated its $8.6 billion evergreen private equity fund on June 3, 2026, after redemption requests reached 9.8% of NAV versus a 5% contractual cap, investors who thought they had...

    June 6, 2026

    Bridge Logistics Closes $1.4B Industrial Fund: Why Institutional Money Is Still Betting on Warehouses

    Bridge Logistics Closes $1.4B Industrial Fund: Why Institutional Money Is Still Betting on Warehouses

    Bridge Logistics Properties, an industrial real estate manager operating under the Apollo Global Management umbrella after Apollo's $1.5 billion all-stock acquisition of Bridge Investment Group in...

    June 6, 2026