​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Macro volatility and AI debt issuance headlines have been creating the noise; strong fundamentals and elevated rates have created the returns.

Housing policy may not move home prices quickly, but it could reshape the mechanics that drive mortgage lending, RMBS spreads, cash flows, and relative value.

The Trump administration is taking stakes in chip, defense, quantum, and rare earth companies that align with policy priorities.

Private credit redemption pressure and default upticks are not likely to affect well-diversified secondary private equity portfolios.

Dividend yield reflects what a company paid; price-to-book what it owns. Neither captures what it can do next.

Government-backed mortgage bonds have outperformed during some of the market’s worst quarters. Here’s how they work and what their track record has historically meant for investors seeking diversification.

Private equity (PE) buyout valuations have moved to unusually low levels relative to public equities.

Financial Literacy Month may be more effective when DC plans simplify participant decisions. What role can DC specialists play in helping sponsors see that?

Major changes in securitized credit benchmarking and fund categorization are under way. Is your portfolio ready?