Pomona Investment Fund (“PIF” or the “Fund”) will repurchase 5% of its outstanding shares under its September 30 quarterly repurchase offer.

Highlights from the week of September 11 – September 17, 2026.

Last week, America approached self-restraint the way Joey Chestnut approaches a hot dog. Unfortunately, the Federal Reserve was one of the judges. Stronger-than-expected retail sales, low jobless claims, and a renewed uptick in import prices reinforced the case for the Fed’s 25-basis-point rate increase, even as manufacturing activity softened.

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

Everybody's an unwilling energy analyst again.

Last week, America was told inflation is better. Also worse. Also, by Friday, core consumer prices came in hot and consumer sentiment fell off a cliff—which is a lot to hand somebody just days before they decide on interest rates.

Market declines can be unsettling, but not every uncomfortable moment calls for action.

Last week, America continued its situationship with the economy: lots of mixed signals, no definitions, with no idea where this is headed.

Small caps just got cheaper, energy still looks compelling, and defense stocks haven’t caught up to a wave of major contract wins.

Growth investing is often defined by outcomes. We believe it is better defined by process. Forward-looking insights, fundamental judgment, and disciplined portfolio construction can help investors pursue growth with a more deliberate approach to risk.