
Why Cox Capital's BDC Tender Offers Are Priced 15% to 30% Below NAV
TL;DR: Cox Capital Partners is offering cash tender offers to investors trapped in three gated private-credit BDCs: HPS Corporate Lending Fund (HLEND), Apollo Debt Solutions BDC (ADS), and Ares Strategic Income Fund...

The SEC Wants to Open Private Markets to Retail Investors. The Liquidity Problem Is Already Showing Up.
TL;DR: On July 7, 2026, the SEC published its 2026 Reg Flex Agenda, listing "Enhancing Retail Exposure to Private Markets" as one of roughly 40 planned rulemakings. That follows the SEC's decision to scrap the old 15%...

The BDC Redemption Crisis: Why $15.6 Billion Couldn't Get Out in Q2 2026
Investors asked private credit funds for $15.6 billion back in the second quarter of 2026. Ten of the 16 business development companies that Fitch Ratings tracks couldn't pay it. Their quarterly redem

RealtyMogul Review 2026: Low Minimums, Frozen Redemptions, and a Distribution Cut You Need to See
RealtyMogul's REITs cut distributions and froze redemptions in April 2026. Here's the fee breakdown, NAV data, and who should actually use this platform.