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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 Week the AI Capital Stack Got Tested

Jul 11, 2026

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7 min read

The Week the AI Capital Stack Got Tested

The AI trade moved from a growth story to a financing test. SK Hynix tested IPO demand. Amazon raised $25 billion. SpaceX bonds fell. Meta undercut Anthropic pricing. And private capital changed its infrastructure playbook.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Delta Beat | K-Shape Confirmed | Circle Gets a Charter

Jul 10, 2026

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5 min read

Delta Beat | K-Shape Confirmed | Circle Gets a Charter

Delta beat Q2 by 15% with premium revenue outpacing main cabin. The EU found Meta in breach of the Digital Services Act. Circle won OCC approval to operate as a trust bank.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The Iran Deal's Paragraph 5 Just Broke Hormuz Traffic in Half.

Jul 10, 2026

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5 min read

The Iran Deal's Paragraph 5 Just Broke Hormuz Traffic in Half.

Hormuz crossings fell to 25 Wednesday from 49 Tuesday. The dispute traces to one poorly worded clause in Trump's June 17 deal. Warsh named Marc Andreessen and Doug McMillon to Fed task forces. OpenAI's No. 2 Fidji Simo is stepping down. And China's CXMT is launching a $4.3 billion IPO next week.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
PepsiCo Consumer Miss | Qatar Pauses LNG | Meta Enters Pricing War

Jul 9, 2026

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5 min read

PepsiCo Consumer Miss | Qatar Pauses LNG | Meta Enters Pricing War

PepsiCo missed Q2 EPS. Qatar paused its LNG ramp-up. Meta launched a new AI model with aggressive pricing that puts pressure on Anthropic and OpenAI.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
SpaceX Bonds Are Already Losing Money. Two Weeks In.

Jul 9, 2026

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6 min read

SpaceX Bonds Are Already Losing Money. Two Weeks In.

SpaceX 30-year bonds sold in late June now yield 7.10%. Buyers have lost 5%. Trump declared the ceasefire over and Brent hit $80. 69% of S&P 500 tech stocks are in bear market territory.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
 Fed Family Fight | BofA Sees 3 Hikes | Ceasefire Over

Jul 8, 2026

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5 min read

Fed Family Fight | BofA Sees 3 Hikes | Ceasefire Over

The FOMC minutes showed a divided Fed with Warsh calling his first meeting a "family fight." Bank of America now sees three hikes. Trump declared the Iran ceasefire over at NATO and threatened more strikes tonight.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
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