Interval Fund vs Closed-End Fund: Which Belongs in Your Alternative Portfolio?
    Alternative Investments

    Interval Fund vs Closed-End Fund: Which Belongs in Your Alternative Portfolio?

    Interval funds and closed-end funds both give retail investors access to illiquid alternatives — private credit, real estate, infrastructure. But they are structurally different. Interval funds trade

    Jeff Barnes, MBA··7 min read
    Interval Funds Explained: Quarterly Redemption Windows, the 5% Cap, and What Advisors Won't Tell You
    Alternative Investments

    Interval Funds Explained: Quarterly Redemption Windows, the 5% Cap, and What Advisors Won't Tell You

    Interval funds are closed-end investment vehicles that allow redemptions only during quarterly windows, capped at 5% of net asset value per quarter under SEC Rule 23c-3. That structure works smoothly

    Jeff Barnes, MBA··12 min read
    Real Estate Tokenization's Liquidity Myth: Why Chainlink's Compliance Engine Isn't a Buyer
    Real Estate

    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

    Jeff Barnes, MBA··10 min read
    Interval Funds Explained: The Investment Vehicle That Locked Out Blackstone Investors in 2022
    Alternative Investments

    Interval Funds Explained: The Investment Vehicle That Locked Out Blackstone Investors in 2022

    TL;DR: Interval funds give you access to private credit, real estate, and infrastructure that traditional mutual funds cannot hold. In exchange, you give up the right to sell whenever you want. Redemp

    Jeff Barnes, MBA··11 min read
    The PE Secondaries Market: How LPs Buy and Sell Private Equity at a Discount
    Alternative Investments

    The PE Secondaries Market: How LPs Buy and Sell Private Equity at a Discount

    The PE Secondaries Market: How LPs Buy and Sell Private Equity at a Discount TL;DR: The private equity secondaries market hit $233 billion in transaction volume in 2025 according to Lazard , up from $132 billion in 2021...

    Jeff Barnes, MBA··13 min read