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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 AI Debt Terms Are Changing

May 1, 2026

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5 min read

The AI Debt Terms Are Changing

Meta's bond demand shrank 23% in six months, Blue Owl sold SpaceX at $1.25 trillion to cover credit losses, and memory stocks fell on record beats.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The Depreciation Wave Is $430 Billion. The Clock Started.

Apr 30, 2026

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6 min read

The Depreciation Wave Is $430 Billion. The Clock Started.

AI capex creates certain costs before uncertain revenue. PCE confirmed stagflation. Capital is moving from US to Europe fast.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Rerun Your Rate Assumption After Four Dissents

Apr 30, 2026

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5 min read

Rerun Your Rate Assumption After Four Dissents

The most divided Fed vote since 1992 just broke the rate path consensus, $700 billion in AI capex landed from four companies in one afternoon, and the Maritime Freedom Construct named what Hormuz reopening actually requires.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The SpaceX S-1 Has One Risk That Changes Everything.

Apr 29, 2026

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5 min read

The SpaceX S-1 Has One Risk That Changes Everything.

Musk dependency risk is in the filing. Energy coordination is gone. Europe's fuel hedge covers cost but not availability.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Run the Renegotiation Scenario Before Wednesday's Numbers

Apr 29, 2026

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5 min read

Run the Renegotiation Scenario Before Wednesday's Numbers

Non-cancellable AI contracts get renegotiated when anchor customers miss targets. Dimon named a bond crisis and a credit recession. Booking's demand destruction extends through June.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The UAE Left OPEC. The Dollar Swap Story Changed.

Apr 28, 2026

•

5 min read

The UAE Left OPEC. The Dollar Swap Story Changed.

UAE exits OPEC May 1. Iran is two weeks from tank tops. The Fed easing phrase may not survive Wednesday.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
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