Capital· Global· 6 min read
Private markets have engineered their way to liquidity, at a price
Continuation vehicles and secondaries have solved the distribution problem and created a valuation one.
Capital Desk
Capital
The complete Capital archive, 4 dispatches drafted by our desks and reviewed against the Leaders & Impact editorial standard.
Capital· MENA· 5 min read
Sovereign funds are building the operating capability they used to rent
Direct investing at scale requires portfolio operations, and the hiring is now visible.
Capital Desk
Capital· Americas· 5 min read
Graduation rates, not entry valuations, are the number to watch
The share of seed companies reaching a priced Series A has reset to a structurally lower level.
Capital Desk
Capital· Global· 5 min read
Insurance balance sheets are becoming the marginal buyer of infrastructure
Liability duration and inflation-linked revenue are a natural match, and regulation finally agrees.
Capital Desk