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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.

Goldman Just Named an AI Capex Super Cycle. Wall Street Is Selling Into It.

Jul 15, 2026

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6 min read

Goldman Just Named an AI Capex Super Cycle. Wall Street Is Selling Into It.

$344.7 billion in new equity issuance so far this year, more than 2025, 2024, 2023, and 2022 combined. The UAE just got coveted AI chips as a reward for Iran war support. CoreWeave is exploring derivatives to hedge memory chip risk.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
CPI Cooled. Warsh Went Volcker Anyway.

Jul 14, 2026

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8 min read

CPI Cooled. Warsh Went Volcker Anyway.

Core inflation went flat in June, the softest print in months. Warsh promised regime change and zero tolerance for inflation in the same testimony. JPMorgan (JPM) posted record $21.2 billion profit. Goldman (GS) equities revenue hit a record. IBM (IBM) suffered its biggest share drop in history. And DeepSeek is preparing an IPO filing at $71 billion.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The Oil Market Just Priced Hormuz as Permanently Broken.

Jul 14, 2026

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6 min read

The Oil Market Just Priced Hormuz as Permanently Broken.

Wall Street has dubbed it the NACHO trade. Not a Chance Hormuz Opens. Data center builders are racing to sell tens of billions in stakes. Blackstone-Apollo-KKR committed $5.34 billion to Williams (WMB). And July hike odds hit 50% overnight.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Trump Reimposed Blockade | 20% Cargo Toll | Big Banks Tomorrow

Jul 13, 2026

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5 min read

Trump Reimposed Blockade | 20% Cargo Toll | Big Banks Tomorrow

Trump declared the US "Guardian of the Hormuz Strait" and said the US will charge 20% of every cargo. Big banks report tomorrow with investment banking revenue up 26%. Meta's Hyperion project jumped to $50 billion. TSMC June revenue rose 68%.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The US Struck Iran Again This Weekend. Oil Rose 3% Overnight.

Jul 13, 2026

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6 min read

The US Struck Iran Again This Weekend. Oil Rose 3% Overnight.

The US launched a fourth wave of strikes against Iran over the weekend. Iran retaliated against US bases in four Gulf countries. Hyperscaler bond spreads widened across all six. And Warsh faces his first big call on whether to undo last year's cuts.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The Week the Capital Stack Test Gets Its First Scoreboard

Jul 12, 2026

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6 min read

The Week the Capital Stack Test Gets Its First Scoreboard

Bank earnings from JPMorgan, Goldman, Citi, Wells Fargo, Morgan Stanley, and BlackRock test whether Wall Street still wants to finance the AI buildout. CPI Tuesday and Warsh testimony Tuesday and Wednesday deliver the first data reads before the July 28 vote.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
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