Investing Other People’s Money: The LLC Rules

Can you invest other people’s money in an LLC? Under US federal law, an LLC pooling money for securities investments is usually an investment company: it must register with the SEC or fit a narrow exemption, and managing it for a fee can make you an investment adviser too. Legal routes exist, but a friends-and-family […]
The Insurance Private Credit Connection: How Insurers Are Reshaping Alternative Lending

Insurance companies have become important participants in private credit, directing capital toward loans and debt investments that are negotiated outside public markets. The relationship is particularly significant for life insurers, whose long-term obligations can make certain long-duration investments attractive when their expected cash flows align with future policyholder payments. The scale of this connection is […]
The AI Compute Marketplace: How Blockchain Networks Are Connecting Buyers and Sellers of Computing Power

AI is creating a new market for computing power. As companies develop larger models and deploy AI applications, access to graphics processing units (GPUs), specialized chips designed to handle parallel computing tasks, has become an important business consideration. Yet not every organization can afford to build its own data center or secure long-term contracts with […]
