Knowledge Base
Options, futures, alternatives, and active strategies for the portion of your portfolio that goes beyond buy-and-hold index investing.
42 articles in this category — page 3 of 4
Radiology Partners built the largest physician-led radiology platform in the United States through aggressive private equity-backed consolidation, reaching an estimated $9+ billion enterprise value at peak. Then interest rates rose, debt came due, and the gap between promoted IRR and actual physicia
Aerospace and defense private equity sits in a category most generalist PE investors never touch. The regulatory barriers are real, the government contract structures are unlike anything in commercial markets, and the minimum LP commitments at leading funds start at $5 million. For investors who qua
LMM private equity targets companies with $10M to $100M in annual revenue and $2M to $15M in EBITDA. That puts them well above a lifestyle business but well below the radar of the Blackstones and KKRs of the world. The distinction matters because the competitive dynamics, return drivers, and operati
Medical device private equity sits at an intersection that most asset classes cannot replicate: durable demographic tailwinds, high regulatory barriers that protect incumbents, and strategic acquirer premiums that routinely run 30-50% above what financial buyers pay. According to Grand View Research
REI investing at the $5M+ level is a different discipline than what retail guides describe. The core mechanics are the same: acquire income-producing property, optimize cash flow, manage tax exposure, and build equity over time. What changes is the leverage available to you, the tax strategies that
Government bonds investing is not a retail strategy dressed up for serious money. At $5M+ in investable assets, Treasuries serve specific functions: liability matching, duration management, tax-advantaged income in high-tax states, and a genuine flight-to-quality hedge during equity drawdowns. The q
Quantitative fixed income investing applies mathematical models, statistical factor analysis, and systematic data processing to bond portfolio construction and risk management. Where traditional managers combine fundamental credit research with market judgment, quantitative approaches codify those d
Construction company investments sit at an unusual intersection: structurally undervalued relative to the S&P 500, backstopped by over $700 billion in legislated federal spending, and accessible through vehicles ranging from liquid ETFs to institutional private equity funds with 10–15% target net IR
Preferred stock investing sits in an awkward middle position in most portfolios: too equity-like for fixed-income purists, too bond-like for growth investors. For high-net-worth investors, that awkwardness is actually the point. Preferred stocks can generate 5-7% yields with priority claim on divide
Quantitative investing in bonds applies statistical models, factor analysis, and algorithmic execution to fixed income markets, replacing discretionary judgment with systematic, rules-based decision-making. For investors managing $5M or more in fixed income, the distinction matters less as a philoso
NQ futures are E-mini NASDAQ-100 futures contracts traded on the CME Group. Each standard contract carries a notional value of $20 multiplied by the NASDAQ-100 index level. At an index level of 18,000, that is $360,000 of exposure per contract. The Micro E-mini (MNQ), launched in May 2019, is one-te
Prosper was the first peer-to-peer lending marketplace in the United States, founded in 2005. Before you allocate a dollar, you need to know that the platform suspended its retail investor program in 2020, that interest income is taxed as ordinary income, and that for investors in the 37% federal br