Invesco Global Listed Private Equity ETF

Beauty Booking Startup Fresha Secures $80M Investment from KKR's Next Gen Tech Growth Fund

India's CCI Approves Blackstone Fund's $1.2B Acquisition of Neysa Networks and Cube Highways Deal

Blackstone Fiscal Holdings III Acquires $189.74M Stake in Blackstone Digital Infrastructure Trust

KKR and Energy Capital Partners Weigh Increased Offer for Irish Distributor DCC

Blackstone Group Exits Consortium Led by I Squared Capital

Google and Blackstone Launch New AI Cloud Co. with $5B Investment, Sending Rivals Down Nearly 4%

Blackstone Plans $5 Billion Initial Investment to Add 500 MW Capacity by 2027

Blackstone Announces Google to Provide Hardware, Software and Services for New Joint Venture

Google and Blackstone Launch AI Cloud Company, Plan 500MW Capacity by 2027

TPG GP A Acquires 7.8% Stake in Odyssey Therapeutics for $25 Million

Blue Owl Capital Issues Second $400 Million Bond Offering with 6.4% Yield

TD Cowen Lowers Blackstone Target Price to $133, Maintains Buy Rating

Blackstone and CD&R Discuss Bid for Unilever's Split-off Magnum Ice Cream Company

SK Group Selects KKR & IMM-Stonebridge Consortium for 29% Stake in Ulsan AI Data Center

Blackstone Secured Loan Fund Plans to Issue Notes Up to $650 Million

KKR's FSK Approves $300 Million Share Buyback Plan

Capital International Investors Reduces Blue Owl Capital Stake to 0.8%

CPPIB and Blackstone Co-Invest in Proudreed

UK FCA Consults Credit Groups on Private Equity Reporting Reform

TPG GP A Acquires Odyssey Therapeutics Shares at $18

Optimi Health

HCW Biologics

Silexion Therapeutics

Vida Global

GCL Global

BiomX

MetaVia

Micware

MicroAlgo

JABS

DABS

The key to stock market-beating returns for Putnam U.S. Research Fund is "research, research, research."

Pro Gbl Listed Pvt

Janus Henderson Asset-Backed Secs ETF

DoubleLine Asset-Backed Securities ETF

How a top-performing analyst-driven fund beats the market

Stripe

Stripe, SpaceX, and Databricks demonstrate that companies can achieve significant valuations without going public, as private markets increasingly replace traditional IPOs. The rise of secondary markets allows late-stage companies to provide investor liquidity through structured sales, reducing the need for IPOs. Data shows that global secondary transaction volumes reached a record $226 billion in 2025. This trend enables companies to partially cash out every 12-24 months, diminishing incentives to go public. Overall, these firms indicate that public markets are no longer the sole route for growth and legitimacy.

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Paypal

JPMorgan Chase

Forge Global

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Stripe, Spacex, Databricks — And The End Of A Traditional IPO

SpaceX's upcoming IPO reveals governance policies that significantly limit shareholder rights, granting Elon Musk extensive control. The company will utilize supervoting shares and mandatory arbitration, restricting investors' ability to challenge management. Despite concerns, strong demand for the IPO, potentially valued at $1.75 trillion, may overshadow governance issues. Musk retains majority voting power, allowing him to control board appointments and major decisions. This structure could set a precedent for future founder-led IPOs, raising risks for investors who may feel compelled to invest despite limited rights.

Fidelity

Tesla

OpenAI

Analysis-SpaceX IPO gives Musk sweeping power and curbs shareholder rights

RONB

ARKK

SpaceX has filed confidentially for an IPO, but the date remains unknown. Investors can gain exposure to SpaceX through closed-end interval funds and ETFs, such as the Ark Venture Fund, which has a 17% weighting in SpaceX, and the Baron First Principles ETF, with a 7.7% weighting. The Private Shares Fund offers the highest exposure at 19.4%. Investors have options before the IPO, but the Ark Venture Fund is not recommended by some analysts compared to other stocks.

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Baron First Principles ETF

Ark Innovation ETF

Netflix

NVIDIA

Intel

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NVIDIA Corporation

Want to Invest in SpaceX Before the IPO? These 3 Stocks Give You a Back Door In.

SpaceX has filed for an IPO aiming to raise $75 billion, targeting a valuation of nearly $2 trillion. The SEC paperwork ensures Elon Musk retains unchallenged control post-IPO, with provisions allowing only his vote to remove himself as CEO. Analysts express caution regarding the deal's implications for retail investors, as SpaceX's valuation is significantly higher than its projected revenue. The IPO is backed by major banks, but concerns about long-term returns and a potential share flood post-lock-up period are raised. SpaceX is conducting private meetings to address these doubts.

Trillion-dollar, lifetime CEO Musk emerges as early winner ahead of SpaceX IPO

Dawson Partners is expanding its private markets platform into Asia by opening a new office in Hong Kong. This office will focus on investor engagement and capital-raising activities. The firm has appointed Rachel Guan as senior principal and head of Asia Institutional to lead investor relations. The move comes as demand for private credit in the Asia-Pacific region surges, with other firms like KKR and EQT also raising significant funds in the area. Dawson Partners manages over $25 billion in assets and aims to strengthen its global capital-raising platform.

Blackstone

KKR Group Fin Co IX LLC Pref Share KKRS 4.625 04/01/61

KKR & CO INC 6.25% MAND CONV PREF SHARES SER D

KKR & Co. Inc.

Dawson Partners Adds Asia Presence Amid Surging Private Credit Demand

Investors may be misplacing their concerns, focusing on private capital struggles while overlooking the greater risks in private equity. Analysts from Verdad highlight that private equity, being junior to debt, often yields worse returns than high-yield bonds during credit downgrades. They suggest that while a few successful investments can offset losses in private equity, private credit does not offer the same potential for recovery. Investment firms in this sector have faced significant stock declines, with the S&P private-equity index down 11% this year.

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Blue Owl Capital

ARES Management LP

Blue Owl Capital III

Blue Owl Tech Finance

ARES MANAGEMENT CORPORATION 6.75% MAN PFD CONV SER B

This chart shows why investors should fear for private equity more than private credit

Tikehau Capital's Q1 2026 announcement highlights strong performance with a 64% Gross IRR from the Schroders investment and €239m in revenues. The firm raised €1.0bn in new money for private markets strategies and deployed €1.0bn, focusing on Direct Lending and Real Estate. The investment portfolio stood at €3.9bn, reflecting the disposal of the Schroders stake. Tikehau Amova Investment Management was launched, enhancing strategic partnerships. The company is well-positioned for growth with €7.5bn in dry powder and a unified asset management platform by June 2026.

Schroders PLC

Tikehau Capital Q1 2026 Announcement

HYIN

Late-Stage Private Markets Show Signs of Reacceleration as Private Shares Fund Reports Strong 1Q Sales and IPO Pipeline, with SpaceX as Largest Position | PIIVX Stock News

StockTitan

WisdomTree Alternative ome Fund - ETF

CD Private Equity Fund III Units

Late-Stage Private Markets Show Signs of Reacceleration as Private Shares Fund Reports Strong 1Q Sales and IPO Pipeline, with SpaceX as Largest Position | PIIVX Stock News

The SpaceX IPO is anticipated to be a significant event, presenting a private infrastructure empire seeking trillions from public investors. Previously, SpaceX was seen as inaccessible to everyday investors, but this offering marks a shift in that perception.

SpaceX IPO: What everyday investors need to know before the biggest stock offering in history

Invesco Global Listed Private Equity ETF(PSP.US)

How a top-performing analyst-driven fund beats the market

Stripe, Spacex, Databricks — And The End Of A Traditional IPO

Analysis-SpaceX IPO gives Musk sweeping power and curbs shareholder rights

Want to Invest in SpaceX Before the IPO? These 3 Stocks Give You a Back Door In.

Trillion-dollar, lifetime CEO Musk emerges as early winner ahead of SpaceX IPO