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The Integration Era: Private Credit in the Global Financial Ecosystem
Image by Unsplash Private credit, once a specialized channel, now anchors global corporate finance, with over US $3 trillion in AUM. As banks recalibrate under regulatory pressure, private lenders have stepped in to fill the void, redefining how debt capital is sourced and deployed. The shift is structural and increasingly systemic. Scaling to Norm U.S. private credit surpassed US $1.3 trillion by mid-2024; globally, the market now exceeds US $3 trillion. Banks’ retrenchment
Axis Group Ventures
Nov 20


Private Credit Secondaries
Issue - October 2025 This piece was originally published in our Axis Capital Markets newsletter . To get future issues straight to your inbox, sign up here: axiscapitalmarkets.beehiiv.com 🔷Liquidity by Design: How Secondaries Are impacting Private Credit Private credit secondaries have shifted from being a niche solution to a core component of the market’s architecture. What was once viewed as opportunistic has become integral to the way private credit capital is recycled,
Tania Tugonon
Oct 12


Figure.ai and the Capital Signal Behind the Humanoid Race
Source: figure.ai A New Phase of AI Investment The evolution of Figure.ai illustrates a notable shift in how capital is being deployed across artificial intelligence and automation. The company has raised over $1.8 billion at a $39 billion valuation, positioning itself as one of the early leaders in humanoid robotics. Founded in 2022 by Brett Adcock, Figure.ai draws on engineering talent from Tesla, Boston Dynamics, DeepMind, and NASA—combining embodied AI with scalable man
Tania Tugonon
Oct 2


How to Make Your Startup Pitch Compelling: Insights from Leland’s Fundraising Panel
September 27, 2025 Fundraising is one of the hardest—and most misunderstood—parts of building a company. Founders often assume success...
Tania Tugonon
Sep 28


How to Validate Your Startup Idea: Insights from Leland’s Founder Panel
Entrepreneurship often begins with a spark of inspiration. But the harder question isn’t “Do I have a good idea?”—it’s “How do I know...
Tania Tugonon
Sep 25


Startup Myths vs. Reality: Insights from Leland’s Founder Panel
September 20, 2025 Starting a company has long been romanticized—visionary founders, big funding rounds, hockey-stick growth. But as any...
Tania Tugonon
Sep 21


Due Diligence for Private Credit: A VC-Backed Company’s Guide
Why Debt Matters for VC-Backed Companies Equity has been the growth engine for startups, but debt is increasingly a strategic complement . Importantly, the value of debt depends on a company’s business model : SaaS companies often use recurring revenue lines or venture debt tied to ARR. Consumer goods companies benefit from AR/working capital lines. Fintechs often rely on warehouse or forward-flow facilities. Life sciences and hardware firms frequently need equipment fina
Tania Tugonon
Sep 12


The Return of Tariffs: Why Trade Policy is Roiling Markets Again
After years of relative stability in global trade, early April brought a dramatic shift. The Trump administration rolled out the most...
Tim Barnes
Jun 19


Music Royalties: The Alternative Asset Hitting All the Right Notes
As investors search for alternative assets with staying power, music royalties are quickly gaining traction—and for good reason. They offer a rare combination of recurring income, low correlation to traditional markets, and cultural relevance. According to SongVest , music royalties are gaining popularity as an alternative investment—and for good reason. They offer a unique mix of steady income, diversification, and cultural value that few other assets can match. Here’s why
Tim Barnes
Jun 19


How AI Is Reshaping Startup Valuations, Exits, and the Venture Debt Market
This week, we're looking at how the AI boom is reshaping startup valuations and exits. Google’s $32 billion acquisition of Wiz isn’t just its biggest deal ever—it’s a signal of the AI boom reshaping startup valuations. Wiz hit $100 million in ARR in just 18 months, only to be outdone by AI coding editor Cursor, which reached the same milestone in just 12 months. The speed at which AI startups are scaling is unprecedented, driving intense investor demand and soaring valuatio
Tim Barnes
Jun 19


Q1'25: General Market Update
Image by Unsplash At Axis Group Ventures , we specialize in strategic debt placements across venture growth, the lower middle market,...
Tania Tugonon
Mar 19


Investor Spotlight: Golub Capital
We previously shared this investor spotlight on our Linkedin Channel . Over the years, we have followed and admired this week’s investor...
Tania Tugonon
Mar 19


Investor Spotlight: Founders Circle Capital
We previously shared this investor spotlight on our Linkedin Channel. This week we are featuring Founders Circle Capital. We have known...
Tania Tugonon
Mar 19


Anduril and the Rise of AI-Defined Defense Infrastructure
Source: www.anduril.com From Silicon Valley to the Tactical Edge Anduril Industries is a U.S.-based defense technology company building AI-powered systems for national security. Founded in 2017 by Palmer Luckey (Oculus VR), along with former Palantir and Founders Fund leadership, Anduril is redefining defense contracting by acting as a vertically integrated product company — building, funding, and fielding technology before the government asks for it. Software-Defined Warfar
Tania Tugonon
Oct 16, 2024


SandboxAQ and the Dual Thesis of AI + Quantum Commercialization
Enterprise-Grade AQ Is Here SandboxAQ represents a new strategic arc in deep tech: the convergence of AI and quantum technologies (AQ) to solve industrial-scale problems across cybersecurity, navigation, life sciences, and critical infrastructure. Spun out of Alphabet in 2022 and led by Jack Hidary (CEO) with Eric Schmidt as Chairman, the company applies quantum sensing and physics-based modeling to enterprise use cases, delivering commercial solutions rather than R&D prototy
Tania Tugonon
Sep 12, 2024


Impulse Space and the Acceleration of Orbital Logistics
Source: www.impulsespace.com In-Space Mobility as Infrastructure Impulse Space, founded in 2021 by Tom Mueller (founding SpaceX engineer behind the Merlin and Draco engines), is building the transportation layer for space — enabling precise, efficient payload movement across orbital environments. The company focuses on in-space logistics, addressing the critical gap between launch and final orbit. Impulse offers last-mile delivery for satellites, satellite hosting, and flexib
Tania Tugonon
Jul 26, 2024


Groq and the Infrastructure Race for Real-Time AI Inference
Source: www.groq.com Accelerating the Edge of AI Groq is a semiconductor company building the next generation of AI-specific compute infrastructure — not for training, but for real-time inference at scale. At the heart of its offering is the LPU™ Inference Engine, a proprietary chip architecture optimized for low-latency, deterministic execution across generative AI and large language model (LLM) workloads. Founded by Jonathan Ross, the inventor of Google's TPU, Groq is purpo
Tania Tugonon
Jul 6, 2024


Investor Spotlight: Summit Partners
We previously shared this investor spotlight on our Linkedin Channel. Welcome to our 17th #InvestorSpotlight feature! This week, we're...
Tania Tugonon
May 28, 2024


Investor Spotlight: Kleiner Perkins
We previously shared this investor spotlight on our Linkedin Channel. Kleiner Perkins, previously referred to as Kleiner Perkins...
Tania Tugonon
May 7, 2024


Private Market Secondaries - recent news
A version of this was recently posted on our LinkedIn channels. Manulife Investment Management (Manulife IM) recently announced its...
Tim Barnes
Apr 29, 2024
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