Blog Overview

Learn about payment-in-kind (PIK) interest, a common feature in private credit, and its various structures and the strategic, operational, and tax implications for your fund.

Learn about loan covenants, including the different types, their important role in private credit, and how you can manage compliance from both the borrower and lender perspective.

Learn the fundamentals of direct lending for fund managers, covering key strategies and operational requirements for loan administration, fund accounting, and LP reporting.

While today’s picture may mirror what happened when the Fed dropped rates four years ago, there are also several significant ways in which the current environment differs for VCs.

Senate delays crypto market structure legislation to 2026, SEC advances tokenization initiatives, and ongoing compliance gaps surface under the Marketing Rule, as momentum builds around the INVEST Act and Q3 fund performance trends emerge.

These days, nearly every company that could be described as a SaaS startup is also an AI startup. The result: a surge in total SaaS fundraising and new highs for early-stage valuations.