Goldman: Alternatives Demand Holds Despite Private Credit
TL;DR: Goldman Sachs Asset Management, the investment arm of Goldman Sachs, ran a survey, and CNBC reported that 93% of current alternative owners were still happy with their investments. Another 97%…
Why the 10-Year Treasury Yield at 5.23% Matters to You
TL;DR: The 10 year Treasury yield climbed to 5.23% this week, its highest level since 2007, according to CNBC, and the 30 year yield rose past 5.5%, its highest since 2004, according to Business Insi…
Dollar Index Holds Near Two-Month High as Fed Turns Hawkish
TL;DR: The US Dollar Index traded near 101.10 Monday after Federal Reserve officials signaled a more hawkish stance, with the CME FedWatch tool now showing better than a 70% chance of an October rate…
Why Democratized Private Markets Can Hurt Retail Investors
Interval fund assets grew at a 39% annualized rate over the past decade, reaching $80.76 billion across roughly 100 funds, according to Morningstar research. The industry pitch is straightforward: ins
What Is First-Loss Capital? Junior Tranches Explained
First-loss capital is the layer of a structured deal that absorbs every dollar of loss before senior investors take any hit. In a standard collateralized loan obligation (CLO), that layer is the unrat
The $95M Fund Betting on Texas Power Queue Collateral
Dynamix Capital Partners has closed the SSSC Batch Zero Fund, a $95 million vehicle engineered to post security deposits on behalf of landowners and developers competing for power allocations in ERCOT
Blue Owl Technology Finance Corp (OTF): A BDC Review
By Jeff Barnes, MBA | September 8, 2026 | Alternative Investments TL;DR: Blue Owl Technology Finance Corp (NYSE: OTF) raised $150 million in senior unsecured notes at a 7.6% coupon maturing September
Evergreen Does Not Mean Liquid: The Bridgepoint Lesson
Bridgepoint has launched a perpetual private credit fund in Luxembourg that offers zero redemption rights, zero liquidity windows, and no secondary market exit mechanism. The fund, Bridgepoint Direct
Pacific Private Money's $80 Million Collapse: The Debt Fund Red Flags Investors Missed
Mark Hanf and Nam Phan, the founder/CEO and COO of Novato-based Pacific Private Money Group, raised more than $80 million from about 190 investors, many of them retirees, then allegedly used new inves
Royalty Financing: The Alternative Credit Structure Retail Investors Rarely See
Royalty financing is a distinct private-credit structure in which an investor provides upfront capital to a company in exchange for a contractual...
BridgeInvest Raises $612M for Fund V as Private CRE Credit Fills the Bank Lending Gap
Miami-based BridgeInvest has reached a second close of $612 million for its BridgeInvest Specialty Credit Fund V, an open-ended vehicle targeting...
Blackstone BREC's Monthly Intake Fell 72%: What It Signals for Private Real Estate Credit
TL;DR: Blackstone Private Real Estate Credit and Income Fund (BREC), a non-traded BDC that lends against commercial real estate, took in about $7.13 million of new equity in its August 2026 monthly...
Warehouse Facilities in Private Credit: The Bridge Financing LPs Rarely See
TL;DR: A warehouse facility is a short-term credit line, usually from a bank, that a private credit fund draws on to fund loans before it calls committed capital from limited partners or before the...
ESOP Seller Notes: The Private Credit Opportunity Hidden Inside Employee Buyouts
Most accredited investors know ESOPs as a feel-good exit strategy for retiring business owners. What far fewer know is that ESOP transactions generate a real, if niche, private credit opportunity:...
Unitranche Debt Explained: How Private Credit's Single-Tranche Structure Changed Middle-Market Lending
TL;DR: Private credit has grown into a roughly $3 trillion global market, and Morgan Stanley projects it could reach $5 trillion by 2029 ( Morgan Stanley, October 2025 ). Unitranche debt, a single ble
Ares' $12.7 Billion Pathfinder III and the Rise of Asset-Based Finance
Ares Management closed its Pathfinder III fund at $12.7 billion in August 2026, the fastest fundraise in the firm's alternative credit history, according to Alternative Credit Investor . The fund's...
Private Credit's Split Screen: Institutional Records vs. Retail BDC Redemptions
Private credit ran two completely different playbooks in the first half of 2026. Institutional LPs closed a record ~$190 billion into private credit funds, up 53% year over year, according to With...
Sycamore Tree's CLO Debt Fund Hit $131.5M: How to Read a Private Credit Filing History
Sycamore Tree Capital Partners' High Grade CLO Debt Fund reported $131.5 million in cumulative securities sold and six investors in a July 23, 2026 Form D/A, up from $121.5 million and two investors...
LuminArx and Bridge's $500M Bet on AI-Underwritten Supplier Financing
LuminArx Capital Management and Bridge announced a $500 million financing partnership on August 5, 2026, aimed at CPG brands and retail suppliers that fill purchase orders for Walmart, Sam's Club, and
What Is a Collateralized Fund Obligation (CFO)? Star Mountain's $5 Billion Deal Explained
On August 4, 2026, Star Mountain Capital closed Star Mountain CFO I, a rated securitization backed by its portfolio of lower-middle-market private credit investments. Star Mountain manages roughly $5...