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.

Highlights from the week of August 21 – August 27, 2026.

Last week, America looked at the economy and thought, “Seems straightforward enough.” Strong earnings, healthy hiring and record highs were the easy part. The deeper you looked, the weirder and more technical the story became.

Artificial intelligence is overheating one part of the economy. The Federal Reserve can only cool all of it.

Retirement deferrals often sit outside open enrollment, disconnected from paycheck decisions. For DC specialists, that’s a key sponsor discussion.

Is a home décor boom hiding inside the housing market freeze? Plus data center NIMBYs creating an opening for new winners in the AI trade, and slimming corporate margins.

Last week, America learned that a Fed staffer pointed out investors are receiving remarkably little extra compensation for owning stocks instead of bonds, and everyone immediately went back to talking about inflation. Very normal. Very fine.

Institutional-grade private equity secondaries are now within reach of individual investors. Hear from Ian Scott of Pomona Capital on the potential benefits, including diversification, resilience, and easier portfolio integration.

After a week in which 30-year Treasury yields hit a 25-year high, we decided to go to the source and talk to Mr. Bond himself. The following conversation has been edited for clarity.

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