Hiive Review 2026: What This Pre-IPO Marketplace Actually Costs
Hiive is a FINRA-registered broker-dealer that runs a live order book for buying and selling shares in pre-IPO companies like SpaceX, Anthropic, and OpenAI. My verdict after digging through its Form...
Lotus Infrastructure Raises $1.8 Billion: What It Means for Accredited Investors Eyeing Energy Infrastructure
TL;DR: Lotus Infrastructure Partners closed roughly $1.8 billion across its fourth flagship fund, related co-investment capacity, and a single-asset continuation vehicle, the largest capital raise in...
Why Smaller Funds Sometimes Beat Bigger Brands.
Big brands buy trust fast. They also buy bureaucracy, consensus, and a lot of pressure to protect the machine that already exists. That matters because in private markets, the thing that looks safest
SEC Form D Data: Private Placements Raised $2.4 Trillion in 2025
TL;DR: Companies and funds raised $2.4 trillion through Regulation D private placements in 2025, up from $2.1 trillion in 2024, according to the SEC's own tally of Form D filings. That is more than 33 times the $70.3...
Private Capital Rewards Precision, Not Passion Alone.
Private Capital Rewards Precision, Not Passion Alone There is a massive amount of private capital already sitting in the system. The CFA Institute says global private market assets under management...
The Real Job of a First Close
Most emerging managers think a first close is the moment they can finally exhale. It is not. A first close is not the finish line. It is proof the market can finally believe you. That distinction m...
Why a Smaller Fund Can Be the Stronger Signal
Most emerging managers think a bigger target makes them look more credible. It usually does the opposite. In private markets, fund size is not just a number. It is a signal. It tells LPs how you think, how well you
The Discipline of Saying No to Misfit LP Capital
Not every yes makes your fund stronger. Sometimes the capital that looks like a win on paper becomes the thing that bends your strategy, slows your execution, and puts your fund on a timeline that was
The Compliance Signal That Separates Serious GPs From Pitch-Deck Tourists
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
Why Family Offices Say They’re Interested and Still Never Wire
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
The Pre-Term-Sheet Discipline Every Capital Raiser Skips
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
When Health Institutions Lose Trust, Smart Families Stop Outsourcing Decisions
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
Why Specialist GPs Are Beating Generalists in a Tight LP Market
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
If Your Raise Needs Perfect Market Timing, You Don’t Have a Raise
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
The LP Pipeline Math Nobody Wants to Hear
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
Robinhood Ventures Fund II (RVII): What a BDC IPO Means for Retail Investors Chasing Private Markets
Robinhood Ventures Fund II (RVII) is a business development company (BDC) planning to IPO August 13, 2026 on the NYSE at $25 per share. No accreditation required. But before you click buy, understand
Why Most Healthcare AI Raises Die in the Incentive Stack
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
How to Evaluate AI Diagnostic Tools Without Getting Fooled by Accuracy Theater
According to McKinsey's Global Private Markets Report 2025 , private capital deployment remained selective but active, with top-quartile managers continuing to raise capital even as fundraising condit
Adams Street Raises $5B+ for Secondaries: Why the Secondary Market Is the Smart LP Play in 2026
Adams Street Partners raised over $5 billion for its latest Secondaries Investment Program, including a $2.7 billion close on Global Secondary Fund 8 — 50% larger than its prior program. The secondary
Real Estate Secondaries: The $20B Market LPs Are Using to Generate Liquidity Right Now
Real estate secondary transactions reached $20.3-25.1 billion in 2025 — up 25% per year since 2019 — and GP-led transactions now account for 72% of volume. Real estate LP positions are trading at 71%