
Business Development Companies: Private Credit for Retail Investors
What a BDC is, how it gives retail investors access to private credit, where the high yields come from, and the risks of public vs. non-traded structures.

What a BDC is, how it gives retail investors access to private credit, where the high yields come from, and the risks of public vs. non-traded structures.

How to invest in gold and precious metals: bullion, coins, and ETFs, the inflation and crisis hedge case, costs, the 2024-2025 run, plus silver and platinum.

A 2026 guide to alternative investments: private equity, private credit, real estate, hedge funds, gold, collectibles, and art, why allocators use them, and the tradeoffs.

What a structured note is, how buffers, barriers, and principal protection work, the issuer credit risk you take on, and who they suit.

A fund of funds buys diversification and manager access, but it adds a second fee layer on top of the underlying funds. Here is the math and when it pays off.

How commercial litigation finance works, why its returns are uncorrelated with public markets, the risks, and how individual investors can access it.

A plain explainer of private equity: buyouts vs growth equity, LP and GP fund structure, capital calls, the J-curve, IRR vs MOIC, returns, and access routes.

How real estate works as an alternative: public REITs, syndications, private funds, and interval funds, with returns, leverage, inflation linkage, and access vehicles.

Private credit is non-bank lending to companies, now a roughly $3 trillion market. We explain how direct lending works, why it boomed after 2022, the yields, the risks, and how art-secured lending fits in.

Carried interest is the share of fund profits a manager keeps, usually 20% above an 8% hurdle. How the waterfall, catch-up, taxes, and alignment work.