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Private Markets Digest

The Daily Briefing That Unlocks Private Markets.

Trusted by capital allocators, family offices, and 40k+ serious investors who don’t chase headlines, they anticipate what comes next.

Private Markets Digest connects the dots that matter across private equity, venture capital, private credit, and banking.

The Tool Warsh Trusted Is Working Against Him

May 20, 2026

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6 min read

The Tool Warsh Trusted Is Working Against Him

AI capex is raising the rate Warsh argued AI would lower. Samsung cleared the strike. Target beat by 20% and still fell.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Read Four Numbers Before the Roadshow Opens

May 20, 2026

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5 min read

Read Four Numbers Before the Roadshow Opens

The SpaceX prospectus contains four claims on IPO proceeds including a $60 billion acquisition due before earnings, Iran created a regulatory authority over Hormuz transit, and real yields are rising separately from nominal yields into Nvidia earnings.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The Gap Between NATO and JP Morgan | Treasury Retreat

May 19, 2026

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5 min read

The Gap Between NATO and JP Morgan | Treasury Retreat

NATO's Hormuz window is early July. JP Morgan's stress date is early June. Japan and China named the retreat.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Name Which AI Assumption Your Position Depends On

May 19, 2026

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5 min read

Name Which AI Assumption Your Position Depends On

The OpenAI verdict clears the IPO path but not the balance sheet, Google and Blackstone committed $5 billion behind TPU commercialization the day before Nvidia reports, and PJM's grid emergency named the AI power constraint in real time.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Fuel Wars | Rate Shock & Bond Rout | China Cracks

May 18, 2026

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5 min read

Fuel Wars | Rate Shock & Bond Rout | China Cracks

American consumers are competing with the world for their own fuel. Bond vigilantes just called a regime change. Europe and China are both losing ground in the AI race.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Your Hormuz Resolution Model Just Broke

May 18, 2026

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5 min read

Your Hormuz Resolution Model Just Broke

A drone near a nuclear plant extended every Hormuz resolution timeline, NextEra is buying Dominion for $116 billion to reach the AI power grid, and the equity market has not priced what bonds already have.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
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