Monthly Archives: August 2026
1789 Capital Closes $1.2 Billion Sun Belt Real Estate Development Fund:
HedgeCo.Net — 1789 Capital said Thursday it closed its debut Real Estate Development Fund at $1.2 billion of AUM, with Easton Street as exclusive operating partner and a stated aim of executing projects totaling more than $8 billion of projected […]
Silver Lake’s Workday Talks Would Put Mega-Cap Software Back on the Take-Private Table:
HedgeCo.Net — Silver Lake is in talks to acquire Workday in a transaction that would rank among the largest software buyouts on record, according to a Reuters exclusive that moved the stock nearly 18% on Thursday. Workday’s market value was […]
Robinhood’s Second Venture BDC Lists at a Discount, Testing Retail Access to Early-Stage Private Markets:
HedgeCo.Net — Robinhood Ventures Fund II priced 8 million common shares at $25 on Thursday, bringing the business-development company to a $225.5 million fund size — $255.5 million if underwriters exercise a 30-day option for 1.2 million more shares — […]
T. Rowe Price’s OHA Private Credit BDC Posts Income Cover Even as NAV Slips:
HedgeCo.Net — T. Rowe Price OHA Select Private Credit Fund, the non-traded BDC known as OCREDIT, reported second-quarter results Thursday that split the wealth-channel private-credit story in two: net investment income of $0.61 per share still covered a $0.60 quarterly […]
Spot Bitcoin ETFs Shed $131 Million as Ether and Solana Products Keep Taking Inflows:
HedgeCo.Net — U.S. spot Bitcoin exchange-traded funds recorded $131.1 million of net outflows on August 13, more than doubling the prior session’s $61.1 million withdrawal and taking two-day redemptions to about $192 million, even as spot ether products took in […]
Databricks Closes $5 Billion Round at $190 Billion as Late-Stage AI Capital Sidelines the IPO:
HedgeCo.Net — Databricks said Thursday it closed a $5 billion strategic funding round at a $190 billion valuation, led by Coatue with Blackstone, MGX, accounts advised by T. Rowe Price, and new investor Sixth Street Growth, after the data-and-AI platform […]
Thoma Bravo Takes Accelerant Private in More Than $4 Billion All-Cash Deal:
HedgeCo.Net — Thoma Bravo agreed Thursday to take Accelerant Holdings private in an all-cash transaction with an enterprise value of more than $4 billion, paying $20.25 a share — a 49% premium to Wednesday’s close — and ending a public […]
Pershing Square’s 22% Closed-End Discount Becomes Ackman’s Biggest Allocator Problem:
HedgeCo.Net — Pershing Square used its first earnings season as a public company to concede what closed-end-fund specialists already knew: Pershing Square USA, the $5 billion vehicle listed in April, is trading at a 22% discount to net asset value, […]
Fidelity Moves to Add Staking Yield to $898 Million Ethereum Fund:
HedgeCo.Net — Fidelity’s plan to stake the ether in its $898 million FETH fund and pay quarterly cash distributions would turn one of the largest U.S. spot ether products into a yield-bearing wrapper, compressing a return stream that crypto hedge […]
Joe Tsai-Backed Blue Pool Hits $300 Million First Close on Harborside II:
HedgeCo.Net — Blue Pool Capital’s $300 million first close on Harborside II, a hedge-fund vehicle targeting $500 million by year-end, is another data point in the conversion of large Asia family offices into external allocator platforms — and a reminder […]
Accel Closes Oversubscribed $550 Million India Fund Months Ahead of Need:
HedgeCo.Net — Accel’s $550 million ninth India fund, closed in weeks and oversubscribed even though more than half of its prior $650 million vehicle is still undeployed, is a statement about timing rather than a shortage of dry powder: the […]
Apollo Sports Capital Commits $2.6 Billion Hybrid Financing to Yankees Owner:
HedgeCo.Net — Apollo Sports Capital’s $2.6 billion financing agreement with Yankee Global Enterprises is less a trophy-asset headline than a working template for how permanent capital is now used to recapitalize sports franchises at the intersection of private equity, private […]