Damon Elder, Author at AltsWire

Why You Should Be Proud to Be an American

July 3, 2026

This Fourth of July marks 250 years since a group of colonists signed a document renouncing a king. The anniversary...

IRS Sets Safe Harbors Through 2047 for Pre-OBBBA Opportunity Zone Funds

June 18, 2026

The Treasury Department and the Internal Revenue Service issued Notice 2026-40 Thursday, providing transitional guidance for investors and qualified opportunity...

Sixth Circuit Upholds FINRA Jurisdiction Over Unregistered Broker-Dealer Controllers

June 18, 2026

The Sixth Circuit has affirmed FINRA’s authority to discipline the controlling owner of a registered broker-dealer who never personally registered...

SEC Faces Hard Questions by Supreme Court Justices Over Disgorgement Without Investor Distributions

April 20, 2026

The U.S. Supreme Court heard oral argument Monday in Sripetch v. Securities and Exchange Commission, a case that could impose...

Supreme Court to Hear Case That Could Limit SEC’s Ability to Seek Disgorgement

April 20, 2026

The U.S. Supreme Court will hear oral argument Monday in Sripetch v. Securities and Exchange Commission, a case that could...

CIM Real Estate Finance Trust Cuts NAV to $5.14, Down 49% From Offering Price

March 31, 2026

CIM Real Estate Finance Trust’s board of directors set a new estimated net asset value of $5.14 per share effective...

Oaktree BDC Cuts Distribution, Uses Affiliate Backstop After Tender Demand Exceeds Cap

March 27, 2026

Oaktree Strategic Credit Fund, a non-traded business development company advised by Oaktree Fund Advisors, cut its monthly distribution and disclosed...

Saba Capital’s Weinstein Calls Private Credit a ‘London Whale-Type Trade,’ Predicts Rising BDC Redemptions

March 24, 2026

Boaz Weinstein, founder and chief investment officer of Saba Capital Management, said in a television interview aired March 23 that...

Inspired Healthcare Capital Gets Court Approval for $40M DIP, June Auction

March 23, 2026

A federal bankruptcy court has approved $40 million in debtor-in-possession, or DIP, financing and a court-supervised asset auction for Inspired...

Mount Logan Interval Fund to Acquire Yieldstreet Alternative Income Fund in $100M-Plus Asset Deal

March 23, 2026

Mount Logan Capital’s Opportunistic Credit Interval Fund has agreed to acquire more than $100 million in assets from the Yieldstreet...

George Washington: The Indispensable American

February 15, 2026

In the long arc of history, nations are rarely shaped by a single individual. Yet there are moments when the...

Arete Wealth Promotes Levine to CEO in Broader Executive Leadership Shift

February 8, 2026

Arete Wealth has implemented a series of executive leadership promotions and appointments as part of what the firm described as...

Bonaventure Expands Sales Team With Two Senior Hires

February 8, 2026

Bonaventure has added two executives to its capital markets sales team as the vertically integrated multifamily real estate investment firm...

Atkins Unveils ‘Project Crypto’ to Clarify Token Classifications, Limit Overreach

November 21, 2025

In a significant policy address on Nov. 12, U.S. Securities and Exchange Commission Chairman Paul S. Atkins laid out a...

Blackstone’s BREIT Unveils DST Platform, Targets UHNW Investors With New Share Classes

November 8, 2025

Blackstone Real Estate Income Trust Inc., a net asset value-based registered non-traded real estate investment trust sponsored by Blackstone Inc....

Inspired Healthcare Halts Offerings Amid SEC Review, Shuts Down Volante Senior Living

July 22, 2025

Inspired Healthcare Capital has suspended all investment offerings and halted investor distributions while the firm undergoes a regulatory review by...

From Niche to Notable: The Rise of Interval Funds

July 16, 2025

Interval funds, once relegated to the margins of the investment landscape, have now become a vital entry point to alternative...

Congress Passes ‘One Big Beautiful Bill,’ Makes Opportunity Zone Program Permanent

July 3, 2025

Following a drama-filled week of political theater, arm twisting and backroom maneuvering, the U.S. House of Representatives today passed President...