Alternative Investments
BDC Redemption Requests Are Easing, Except at One Fund: A Q3 2026 Data Read
Three of the four largest non-traded business development companies (BDCs) reporting Q3 2026 repurchase data through September 11 show declining redemption-request percentages from the prior quarter.
Jeff Barnes, MBA··11 min read
Alternative Investments
The Democratization of Private Markets Is a Liquidity Trap With Good Marketing
TL;DR: The "democratization of private markets" pitch tells you that interval funds, non-traded REITs, non-traded BDCs, and tokenized fund platforms now give you the same access institutions have always had. That is...
Jeff Barnes, MBA··10 min read