Hines Rialto Closes 1.1B Office Credit Fund
Hines and Rialto Capital closed their co-general partnership fund, Hines Rialto Credit Partners, at $1.1 billion in investor commitments on September 15, 2026, attracting 126 investors at a $100,000 m
How to Read a BDC Tender Offer Letter Before You Get Prorated
The SEC's December 2024 Investor Bulletin on non-publicly traded BDCs is blunt: investors in retail-offered BDCs can generally only sell their shares when the BDC offers to repurchase them , and those
What Happened to OTIS: A Fractional Collectibles Cautionary Tale
In March 2022, Public.com acquired OTIS (Otis Wealth Inc.) , the self-described "stock market for culture" that let retail investors buy Regulation A+ fractional shares in individual sneakers, trading
Trove's Collection Dividends Are a Loyalty Perk, Not Portfolio Income
Trove launched Collection Dividends on Sept 3, 2026, paying 2% annually on vaulted cards, but the payout is Trove revenue, not card cash flows.
How Family Offices Structure Direct Co-Investments Alongside Private Equity Sponsors
Family offices invest directly in PE deals alongside a sponsor through a co-investment SPV, gaining lower fees but facing tight diligence deadlines.
Direct Lending vs. Syndicated Loans: What Accredited Investors Should Know
Over 85% of new U.S. leveraged loans carry covenant-lite terms, while direct lending offers tighter covenants at the cost of full illiquidity.
EIG Closes $4 Billion Senior Infrastructure Debt Platform: What Accredited Investors Need to Know
Senior infrastructure debt manager EIG closed SIDF VI at $1.9 billion, with the full $4 billion platform exceeding its original target by 33 percent.
HarbourVest Raises $2.4 Billion for Private Credit Secondaries
HarbourVest Partners raised $2.4 billion across two private credit secondary vehicles, marking an institutional bet on this fast-growing strategy.
Apogem Capital Closes APEF XI at $597 Million: Why the Lower Middle Market Still Offers Real Alpha
TL;DR: On September 8, 2026, Apogem Capital closed its eleventh private equity fund, APEF XI, at its hard cap of $597 million, with $17 million
What Sixth Street Lending Partners' $500 Million Capital Call Actually Signals
On September 1, Sixth Street Lending Partners called 500 million against a closed commitment pool. Here is what that actually means for investors.
ICG Europe Fund IX Closes at €12 Billion: What the 77% Re-Up Rate Signals About Manager Selection
TL;DR: On September 9, 2026, London-listed alternative asset manager ICG announced the final close of ICG Europe Fund IX at €12 billion , a 50%
ELTIF Explained: How Europe Opened Private Markets to Retail Money (And Why the US Hasn't)
The European Long-Term Investment Fund market crossed 300 registered vehicles in mid-2026, with total assets under management estimated at €34 billion at year-end 2025, a gain of nearly 55 percent in
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
CoinShares Acquires Bastion Asset Management for Crypto Alts
TL;DR: On September 2, 2026, CoinShares PLC (Nasdaq: CSHR) completed its acquisition of Bastion Asset Management Limited, folding Bastion's systematic crypto hedge fund strategies into a new unit...
BCRED Caps Redemptions for Third Straight Quarter: Liquidity Gating Is Now Private Credit's Defining Risk
BCRED capped Q3 2026 redemptions at 5% for the third straight quarter with 4.3B in exit requests, and Fitch found 10 of 16 non-traded BDCs at the wall.
Sneaker Resale as an Alternative Asset: What the Data Shows
In 2024, 12 of 22 new sneaker releases finished below retail and average depreciation doubled, revealing a weak investment case for this category.
Groundfloor Review 2026: Real Estate Debt Investing Without Accreditation
Groundfloor lets non-accredited investors buy real estate debt notes at $10, with 9.91% historical returns and key unresolved SEC disclosures.
Why "Institutional-Quality Deal Access" Is Mostly Marketing, Not a Promise
Institutional-quality deal access describes sourcing, not your fees, terms, or reporting rights as an individual investor.
Family Office Allocation to Alternatives in 2026: What the Data Actually Shows
Family offices held 44% of their portfolios in alternatives in 2024, versus roughly 56% in traditional stocks and bonds.
Masterworks Review 2026: What the Art-Investing Pitch Leaves Out
Masterworks charges a 1.5% annual management fee plus 20% of profits at sale, on top of a roughly 10-11% markup baked into the purchase price before you...