The Retirement Account Never Built for Illiquidity
Ninety million savers are about to gain access to an asset class that was never designed to be sold on a Tuesday afternoon. A Door
Ninety million savers are about to gain access to an asset class that was never designed to be sold on a Tuesday afternoon. A Door
Payment in kind arrangements were once a niche tool for structuring flexibility. In 2026 they have become one of the clearest early readings on where
There is a specific moment in every credit cycle when the signals become readable — when the underlying stress that has been accumulating becomes visible
The democratization of private credit is one of the defining narratives of this capital market cycle. It is also one of the most structurally fraught.
Liquidity used to be treated as a function of market size and participation. If there were enough buyers and sellers, assets could move, capital could
Not long ago, the idea of an active secondary market for private credit or real estate debt would have sounded far-fetched. These instruments were meant
Over the past decade, private credit has become one of the fastest-growing segments in global finance. As institutional investors search for yield and diversification beyond
Private credit has always been hard to trade. Investors who bought loan portfolios, private credit funds, or other illiquid assets often had to wait years
For many years, the world of illiquid financial assets was hard to access and slow to move. Private credit fund positions, loan portfolios, and other
The rise of electric vehicles (EVs) is reshaping transportation, prompting businesses to invest in EV charging infrastructure to meet growing demand. However, for many companies,
