Your edge to win the emerging structure of private markets.

I write a letter that frames the forces reshaping private markets -- before they're obvious.

How market infrastructure is shifting, where technology is creating leverage, and why private markets are the next great financial transformation.

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How to Win Private Markets: Own the Intelligence Layer

Why private markets are now a matter of national economic security The hidden cost of analog capital deployment Three countries winning the digitization race (and what they're doing right)

How Private Markets Can Solve Our $400 Trillion Savings Crisis

The $400T savings gap – Why private markets are the missing piece. The $22T tech opportunity – Scaling private markets requires new infrastructure. Three shifts reshaping private markets – Core vs. alternative, regulation, and value creation.

The Concentration Paradox

In today's edition: The dangerous concentration of capital in private markets. Why the best returns aren't where the money is flowing. The data-backed case for mid-market What critics get wrong

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