Blog category
Education and insights on alternative investing, fund mechanics, and private markets
11 articles
Blue Owl's private credit funds have been capping redemptions for two straight quarters, while another fund shifted toward manager-controlled capital returns. Here is what happened, and what every semiliquid fund investor should take from it.
Distributions from private equity, real estate, and private credit funds work nothing like dividends from public stocks. Here is how private market distributions work, when to expect them, why they are lumpy and unpredictable, and how income differs by asset class.
A capital call is a request from a private fund for investors to contribute a portion of their committed capital. Here is how capital calls work, what triggers them, what happens if you miss one, and how to plan your liquidity so you are never caught off guard.
Private credit has grown from a niche institutional strategy into one of the most talked-about corners of alternative investing — for better and worse. Here is what individual investors actually need to know about private credit before allocating to this asset class.
Interval funds, BDCs, non-traded REITs — the terminology around semi-liquid private investments is genuinely confusing. A plain-English breakdown of what liquidity each actually offers, and what the fine print says about getting your money back.
Something looks off in your private fund quarterly update. Distributions have slowed. A portfolio company missed its numbers. A large economic event just hit the sector. Here is how to think about when to contact your private equity sponsor — and when to sit tight.
You committed capital to a private fund. Now you wait — sometimes for years. Here is how experienced investors think about illiquid positions, what to actually look for in private fund quarterly updates, and why the urge to constantly check on locked-up money is both natural and worth resisting.
Every alternative investor eventually encounters an investment that does not go as planned. Here is what actually happens when a private fund faces distress — the spectrum from underperformance to loss — and what your options are as a limited partner.
The traditional 60% stock and 40% bond portfolio has been the default for decades. A stretch of markets where both fell simultaneously has forced a rethink. Here is what that means for investors considering alternative investments — and what the data actually shows.
Illiquidity is the first objection most investors raise about private markets — and, done right, one of the most under-appreciated advantages. Here is how experienced investors think about locking up capital, and when it becomes a genuine problem.
The sponsor is the single most important variable in any private market investment. Here is a systematic framework for evaluating private equity sponsor track record, alignment of interests, and integrity before you commit capital.