Bill Passo, Passco Companies Founder and DST Pioneer, Dies at 84
June 18, 2026
William “Bill” O. Passo, the founder and chief executive officer of Passco Companies, died June 15 at home surrounded by...
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ExchangeRight Fully Subscribes $52.78 Million Debt-Free All-Cash 18 DST
June 18, 2026
ExchangeRight has fully subscribed Net-Leased All-Cash 18 DST, a $52.78 million debt-free offering of net-leased real estate designed for 1031...
BCRED Chief Operating Officer Katherine Rubenstein Departs Amid Redemption Pressure
June 18, 2026
Blackstone Private Credit Fund’s chief operating officer, Katherine Rubenstein, departed the nontraded business development company this week, Blackstone Credit &...
NHP Preferred Tender Draws About $25.3M of $100M Authorized as Most Holders Pass at $22.50
June 18, 2026
National Healthcare Properties, Inc. will repurchase about $25.3 million of its preferred stock – roughly a quarter of the $100...
KKR Real Estate Select Trust Opens Q3 Tender at $23.27 NAV After Two Quarters of Proration
June 18, 2026
KKR Real Estate Select Trust Inc. opened its Q3 2026 tender offer this week, inviting shareholders to redeem up to...
Five Questions for H. Michael Schwartz, Founder and CEO of SmartStop Self Storage REIT
June 16, 2026
For the latest installment of “Five Questions for…,” the AltsWire editorial team sat down with H. Michael Schwartz, founder, chairman,...
Apollo Interval Fund to Shift to Semi-Annual Distributions as Net Outflows Persist
June 1, 2026
Apollo Diversified Real Estate Fund, a publicly registered nontraded interval fund, will reduce the frequency of its shareholder distributions from...
SEC’s Peirce Defends Private Capital Markets as Superior to Government-Directed Funding
April 27, 2026
U.S. Securities and Exchange Commission Commissioner Hester M. Peirce defended private capital markets as the most effective mechanism for allocating...
Apollo Debt Solutions BDC NAV Slips Again as Aggregate Fund Size Contracts $700M
April 27, 2026
Apollo Debt Solutions BDC, the publicly registered nontraded business development company sponsored by Apollo Global Management, reported a net asset...
Fidelity Private Credit Fund Reports 1.71% Q1 Return, Outperforming Leveraged Loans by 226 Basis Points
April 27, 2026
Fidelity Private Credit Fund, the nontraded business development company sponsored by Fidelity Investments, reported a Class I total net return...
Ares Strategic Income Fund April Inflows Slow to $51.9M After Q1 Redemption Cap
April 27, 2026
Ares Strategic Income Fund, the publicly registered nontraded business development company sponsored by Ares Management, sold 1.93 million Class I...
Oaktree Strategic Credit Fund NAV Slips 1.15% in March, First Full Month After Distribution Cut
April 27, 2026
Oaktree Strategic Credit Fund, the nontraded business development company advised by Oaktree Fund Advisors LLC, reported a net asset value...
Court Dismisses Alpine’s Constitutional Challenge to FINRA Authority
April 24, 2026
A federal judge has dismissed a years-long constitutional challenge to the Financial Industry Regulatory Authority brought by broker-dealer Alpine Securities...
BCRED Posts Flat Q1 Return as Non-Accruals Rise and NAV Slides for Third Straight Quarter
April 22, 2026
Blackstone Private Credit Fund, or BCRED, reported a net asset value of $24.19 per share as of March 31, a...
National Healthcare Properties Prices Nasdaq IPO at $12 a Share, Below Range, Raising $462 Million
April 22, 2026
National Healthcare Properties Inc., the nontraded real estate investment trust formerly sponsored by AR Global, priced its initial public offering...
KKR’s KREST Prorates Q2 Tender Offer at 74% as Redemption Pressure Persists
April 14, 2026
KKR Real Estate Select Trust Inc. prorated investor redemption requests for the second consecutive quarter after withdrawal demand again exceeded...
LPL Financial Adds 367 Advisers, $31B in Assets With Mariner Acquisition
April 14, 2026
LPL Financial Holdings Inc. (Nasdaq: LPLA) said Monday it has entered into a definitive purchase agreement to acquire Mariner Advisor...
Broker-Dealers Sue FINRA, Claim Enforcement Authority Is Unconstitutional
April 13, 2026
Boustead Securities and Sutter Securities, both based in Irvine, Calif., along with Keith Charles Moore, former chief executive officer, filed...
Stanger: Private Placement BDC Redemption Trends Mirror Publicly Registered NAV BDCs
April 9, 2026
Private placement business development companies returned $1.2 billion to investors in the first quarter of 2026, with an estimated $431...
LPL’s Commonwealth Closes Out Seven-Year SEC Case With $5M Settlement
April 9, 2026
LPL Financial Holdings Inc. absorbed Commonwealth Financial Network into its platform last August. Now it has also absorbed the resolution...
