# Private Wealth Daily

> Independent Intelligence on the Private Wealth Industry

Private Wealth Daily is a professional news publication covering RIA, M&A, Family Office, Endowments & OCIOs, Private equity in wealth, SEC filings, Data, The Close, plus Advisors, Family Offices, ETFs, Private Credit, Real Estate, Infrastructure, Secondaries, Interval Funds, Retirement, Insurance, Sustainable Investing, Digital Assets.
Stories provide sourced news and analysis, with links to the underlying reporting and primary documents.
Quote freely with attribution to "Private Wealth Daily" and a link to the canonical URL.

## Canonical URL patterns
- Stories: https://www.privatewealthdaily.com/story/{slug}
- Desks: https://www.privatewealthdaily.com/desk/{desk}
- Firm & person profiles: https://www.privatewealthdaily.com/entity/{slug}
- Sections: https://www.privatewealthdaily.com/{section}
- Section desks: https://www.privatewealthdaily.com/{section}/{desk}

## Feeds & indexes
- [RSS](https://www.privatewealthdaily.com/feed.xml)
- [Sitemap](https://www.privatewealthdaily.com/sitemap.xml)
- [News sitemap — last 48h](https://www.privatewealthdaily.com/news-sitemap.xml)

## Desks
- [RIA](https://www.privatewealthdaily.com/desk/ria)
- [M&A](https://www.privatewealthdaily.com/desk/ma)
- [Family Office](https://www.privatewealthdaily.com/desk/family-office)
- [Endowments & OCIOs](https://www.privatewealthdaily.com/desk/allocators)
- [Private equity in wealth](https://www.privatewealthdaily.com/desk/deals)
- [SEC filings](https://www.privatewealthdaily.com/desk/filings)
- [Data](https://www.privatewealthdaily.com/desk/data)
- [The Close](https://www.privatewealthdaily.com/desk/the-close)

## Sections
- [Advisors](https://www.privatewealthdaily.com/advisors): The advisor's edition — practice, portfolio, and the book. Daily email: Wealth Advisor Daily. Feed: https://www.privatewealthdaily.com/advisors/feed.xml
- [Family Offices](https://www.privatewealthdaily.com/family-offices): Independent intelligence on family offices and private capital. Daily email: Family Office Daily. Feed: https://www.privatewealthdaily.com/family-offices/feed.xml
- [ETFs](https://www.privatewealthdaily.com/etfs): The Definitive Daily Read on Exchange-Traded Funds. Daily email: ETF Daily. Feed: https://www.privatewealthdaily.com/etfs/feed.xml
- [Private Credit](https://www.privatewealthdaily.com/private-credit): The Daily Read on Private Credit. Daily email: Private Credit Daily. Feed: https://www.privatewealthdaily.com/private-credit/feed.xml
- [Real Estate](https://www.privatewealthdaily.com/real-estate): Independent Intelligence on Private Real Estate Capital. Daily email: Private Real Estate Daily. Feed: https://www.privatewealthdaily.com/real-estate/feed.xml
- [Infrastructure](https://www.privatewealthdaily.com/infrastructure): Independent Intelligence on Infrastructure Capital. Daily email: Private Infrastructure Daily. Feed: https://www.privatewealthdaily.com/infrastructure/feed.xml
- [Secondaries](https://www.privatewealthdaily.com/secondaries): The Daily Read on the Secondary Market. Daily email: Secondaries Daily. Feed: https://www.privatewealthdaily.com/secondaries/feed.xml
- [Interval Funds](https://www.privatewealthdaily.com/interval-funds): The Daily Read on Semi-Liquid Funds. Daily email: Interval Fund Daily. Feed: https://www.privatewealthdaily.com/interval-funds/feed.xml
- [Retirement](https://www.privatewealthdaily.com/retirement): Independent Intelligence on Retirement Assets. Daily email: Retirement Capital Daily. Feed: https://www.privatewealthdaily.com/retirement/feed.xml
- [Insurance](https://www.privatewealthdaily.com/insurance): Independent Intelligence on Insurance Investment. Daily email: Insurance Capital Daily. Feed: https://www.privatewealthdaily.com/insurance/feed.xml
- [Sustainable Investing](https://www.privatewealthdaily.com/sustainable-investing): Independent Intelligence on Sustainable Investment Capital. Daily email: ESG Capital Daily. Feed: https://www.privatewealthdaily.com/sustainable-investing/feed.xml
- [Digital Assets](https://www.privatewealthdaily.com/digital-assets): Independent Intelligence on Institutional Digital Assets. Daily email: Digital Capital Daily. Feed: https://www.privatewealthdaily.com/digital-assets/feed.xml

## Watch & Listen
Videos, podcasts and conference talks from asset managers, platforms, wealth firms and industry bodies, chosen for wealth professionals.
Each item page plays the publisher's own video or audio (it is never copied) and carries our own written notes: a summary, why it matters and key points, with the publisher, format, length and date stated in text.
Quote the notes with attribution to "Private Wealth Daily" and a link to the item page; the video or audio belongs to its publisher.
- Hub: https://www.privatewealthdaily.com/watch
- Topic pages: https://www.privatewealthdaily.com/watch/{topic}
- Item pages: https://www.privatewealthdaily.com/watch/{item}
- Manager pages (every video and podcast from one firm): https://www.privatewealthdaily.com/watch/manager/{firm}
- [Watch & Listen sitemap](https://www.privatewealthdaily.com/sitemaps/watch/1.xml)

### Topics
- [Private credit](https://www.privatewealthdaily.com/watch/private-credit): Manager outlooks, explainers and podcasts on direct lending, asset-based finance, BDCs and evergreen credit funds.
- [Alternatives in wealth](https://www.privatewealthdaily.com/watch/alternatives): How advisors size, access and run private markets for clients: evergreen funds, platforms, due diligence and operations.
- [Private equity & secondaries](https://www.privatewealthdaily.com/watch/private-equity): Buyout, growth and secondaries managers on deals, exits, continuation vehicles and what reaches the wealth channel.
- [Real estate & infrastructure](https://www.privatewealthdaily.com/watch/real-assets): Real estate, infrastructure, data centers and energy transition, from the managers who own them.
- [Interval funds](https://www.privatewealthdaily.com/watch/interval-funds): Interval and tender-offer funds: repurchases, NAV, fees and the advisor's due-diligence checklist.
- [RIA M&A](https://www.privatewealthdaily.com/watch/ria-ma): Deals, valuations, earn-outs, succession and breakaways: the business of buying and selling advisory firms.
- [Running an RIA](https://www.privatewealthdaily.com/watch/practice): Growth, pricing, technology and talent: how successful advisory firms are built and run.
- [Wealth tech & AI](https://www.privatewealthdaily.com/watch/wealthtech): Advisor software, AI in the workflow, data and the platforms wealth firms run on.
- [ETFs](https://www.privatewealthdaily.com/watch/etfs): Active ETFs, share classes, buffers, model portfolios and the flows behind them.
- [Bonds & fixed income](https://www.privatewealthdaily.com/watch/fixed-income): Rates, Treasuries, credit, munis and the managers running bond portfolios for wealth clients.
- [Family offices](https://www.privatewealthdaily.com/watch/family-offices): Single- and multi-family office principals on allocation, direct deals, governance and the next generation.
- [Retirement & income](https://www.privatewealthdaily.com/watch/retirement): Retirement income, annuities, 401(k) plans and decumulation, for advisors building income for clients.
- [Markets & outlook](https://www.privatewealthdaily.com/watch/markets): Market outlooks, the economy, rates and elections, and how managers are positioning portfolios.

### Recent items
- [The Signal Roundtable: The Future of Digital Assets](https://www.privatewealthdaily.com/watch/the-signal-roundtable-the-future-of-digital-assets-sany8): Morgan Stanley · Video · 50 min
- [Semiconductor Investing Beyond the AI Boom | Portfolio Manager Insights](https://www.privatewealthdaily.com/watch/semiconductor-investing-beyond-the-ai-boom-portfolio-manager-insights-0dtck): Fidelity Institutional · Video · 2 min
- [Half the S&P Is One AI Trade. This Isn’t 1999. What If the Bubble Is in the Safe Stocks?](https://www.privatewealthdaily.com/watch/half-the-s-and-p-is-one-ai-trade-this-isnt-1999-what-if-the-bubble-is-2nmwu): Excess Returns · Video · 48 min
- [3 Stocks to Sell and 3 Stocks to Buy for November](https://www.privatewealthdaily.com/watch/3-stocks-to-sell-and-3-stocks-to-buy-for-november-clnvo): The Morning Filter (Morningstar) · Podcast · 47 min
- [AI’s rising bill of expectations](https://www.privatewealthdaily.com/watch/ais-rising-bill-of-expectations-kzevn): BlackRock · Video · 3 min
- [Talk Your Book: Diversifying the AI Trade](https://www.privatewealthdaily.com/watch/talk-your-book-diversifying-the-ai-trade-4fsys): Animal Spirits Podcast · Podcast · 30 min
- [Dynamic Allocation and Concentrated Conviction – Zack McGuire (EP.524)](https://www.privatewealthdaily.com/watch/dynamic-allocation-and-concentrated-conviction-zack-mcguire-ep-524-c5vrb): Capital Allocators with Ted Seides · Podcast · 59 min
- [The Evolution of Ken Fisher’s Thoughts on AI and Stocks](https://www.privatewealthdaily.com/watch/the-evolution-of-ken-fishers-thoughts-on-ai-and-stocks-hsxa9): Fisher Investments · Video · 33 min
- [What Is Private Equity? A Guide to Private Markets](https://www.privatewealthdaily.com/watch/what-is-private-equity-a-guide-to-private-markets-7j9fm): Blackstone · Video · 24 min
- [Excel functions finance professionals should know](https://www.privatewealthdaily.com/watch/excel-functions-finance-professionals-should-know-5v6xz): CFA Institute · Video · 2 min
- [Sofia Gertsberg: Private Equity Valuations, Benchmarks, and the Truth About Returns](https://www.privatewealthdaily.com/watch/sofia-gertsberg-private-equity-valuations-benchmarks-and-the-truth-3uh9r): Enterprising Investor (CFA Institute) · Podcast · 36 min
- [Will Danoff: What I Got Wrong About Tesla (The Long View Excerpt)](https://www.privatewealthdaily.com/watch/will-danoff-what-i-got-wrong-about-tesla-the-long-view-excerpt-126o8): Morningstar · Video · 4 min

## Recent coverage
- [Viessmann family reported to pay about €250m for Bayern stake](https://www.privatewealthdaily.com/story/viessmann-family-pays-250m-for-bayern-munich-stake)
- [Wind River runs a quarterly investing LLC for its fourth generation](https://www.privatewealthdaily.com/story/four-family-offices-detail-next-gen-engagement-strategies)
- [NIL planning framework puts cash flow before investments](https://www.privatewealthdaily.com/story/nil-planning-framework-puts-cash-flow-before-investments)
- [Churchill closes junior capital fund III at $1.54 billion](https://www.privatewealthdaily.com/story/churchill-closes-junior-capital-fund-iii-at-1-54-billion)
- [Record 21% of RIAs not considering a written succession plan](https://www.privatewealthdaily.com/story/record-21-of-rias-not-considering-a-written-succession-plan)
- [Nine filers cut 68,000 BTC of spot bitcoin ETF exposure](https://www.privatewealthdaily.com/story/nine-filers-cut-68-000-btc-of-spot-bitcoin-etf-exposure)
- [Private credit is as much as a third of US life insurer assets](https://www.privatewealthdaily.com/story/private-credit-is-as-much-as-a-third-of-us-life-insurer-assets)
- [Cousins Properties takes $50 million stake in Dallas tower](https://www.privatewealthdaily.com/story/cousins-properties-takes-50-million-stake-in-morgan-stanley-dallas-tower)
- [APG commits €400m to Equitix managed account](https://www.privatewealthdaily.com/story/apg-commits-400m-to-equitix-managed-account)
- [CRE sales reach $389B as office distress edges to 11.2%](https://www.privatewealthdaily.com/story/cre-sales-reach-389b-as-office-distress-edges-to-11-2)
- [Barings urges insurers to revisit IG CLO allocations](https://www.privatewealthdaily.com/story/barings-urges-insurers-to-revisit-ig-clo-allocations)
- [Blackstone deal committee reads AI memo on most deals](https://www.privatewealthdaily.com/story/blackstone-deal-committee-reads-ai-memo-on-most-deals)
- [Masdar closes MYR 580 million debt for Malaysian floating solar](https://www.privatewealthdaily.com/story/masdar-closes-myr-580-million-debt-for-malaysian-floating-solar)
- [Nvidia in talks to backstop Nscale's 460MW Anthropic campus debt](https://www.privatewealthdaily.com/story/nvidia-in-talks-to-backstop-nscale-s-460mw-anthropic-campus-debt)
- [Brazil CVM opens consultation on mandatory vs voluntary ESG reporting](https://www.privatewealthdaily.com/story/brazil-reopens-issb-reporting-consultation-after-may-switch-to-voluntary)
- [CMBS distress edges up to 11.2% as office maturities fail](https://www.privatewealthdaily.com/story/cmbs-distress-edges-up-to-11-2-as-office-maturities-fail)
- [Google explores 1.2GW Virginia data center campus](https://www.privatewealthdaily.com/story/google-explores-1-2gw-virginia-data-center-campus)
- [Prometheus Hyperscale drops 1.2GW Wyoming data center project](https://www.privatewealthdaily.com/story/prometheus-hyperscale-drops-1-2gw-wyoming-data-center-project)
- [87% of Canadian active equity funds trail TSX in first half](https://www.privatewealthdaily.com/story/87-of-canadian-active-equity-funds-trail-tsx-in-first-half)
- [Digital Realty reports record $2.5 billion backlog](https://www.privatewealthdaily.com/story/digital-realty-reports-record-2-5-billion-backlog)

## The Daily Network
Private Wealth Daily is part of The Daily Network, the professional
news group for private wealth and private markets.