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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.

Price Iran's Conditions, Not the Headline

Apr 17, 2026

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5 min read

Price Iran's Conditions, Not the Headline

Iran's opening carries four conditions with the blockade still running, regional banks added $230 billion more to the private credit exposure count, and Anthropic went from blacklisted to briefing the White House chief of staff in six weeks.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The OpenAI IPO Has a Governance Problem the Prospectus Will Have to Name

Apr 17, 2026

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5 min read

The OpenAI IPO Has a Governance Problem the Prospectus Will Have to Name

OpenAI's conflict structure becomes public investor property at filing. Six-year GPU contracts lock in customers even if the operator fails. Paulson says the 2008 Treasury playbook cannot run again.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
What Your Private Credit Collateral Assumptions Miss Right Now

Apr 16, 2026

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5 min read

What Your Private Credit Collateral Assumptions Miss Right Now

Banks are marking down back leverage collateral. Williams framed stagflation. Advanced packaging is the AI constraint.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
The CFTC Is Investigating Who Knew Before Trump Posted

Apr 16, 2026

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5 min read

The CFTC Is Investigating Who Knew Before Trump Posted

Regulators are examining oil futures trades that moved minutes before Trump's Truth Social announcements. The Fed's Beige Book said businesses are in wait-and-see mode. The Pentagon asked GM and Ford to make weapons. And AI sentiment is souring before the IPOs.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Every Rate Model Just Got a New Variable

Apr 15, 2026

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5 min read

Every Rate Model Just Got a New Variable

Trump threatened to fire Powell. Prosecutors showed up at the Fed's construction site. Warsh's hearing is April 21. And every rate path assumption now runs through a legal sequence with no precedent.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
Anthropic Is Being Offered $800 Billion. It Said No.

Apr 15, 2026

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10 min read

Anthropic Is Being Offered $800 Billion. It Said No.

Investors doubled Anthropic's valuation in six weeks. The company resisted. Europe is planning to police Hormuz without the U.S. Carlyle named the mispricing. And central banks are selling gold to pay for the war.

Dio Pouerie
Bo Nichols
Dio Pouerie, +1
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