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Featured

Oct 27, 2026

Private equity is holding 33,000 companies. It is running out of ways not to sell them.

Nearly 40% have been held more than five years. The routes around selling — continuation funds, the secondaries bid, dividend recaps — cannot take the volume.

The Editors

Private equity is holding 33,000 companies. It is running out of ways not to sell them.

Nearly 40% have been held more than five years. The routes around selling — continuation funds, the secondaries bid, dividend recaps — cannot take the volume.

The Editors

Oct 13, 2026

2026 beat its IPO forecast on dollars and missed on companies. What happens to the rest?

Renaissance forecast 200 to 230 listings raising $40 to $60 billion. Proceeds blew past it on a handful of mega-deals while venture-backed tech barely showed up.

The Editors

Oct 6, 2026

The midterms change who votes. They do not change what passes.

Legislating against a sitting administration needs two-thirds of both chambers, and no plausible result delivers that. What does change is state law, where a single party can move in a year — and the blueprint for 2028.

The Editors

Sep 29, 2026

Six days to close. Thirty-eight to file. Both are true.

APQC counts calendar days from trial balance to consolidated statements. Your board, your auditors and your lender are each watching a different point on the chain — and for private companies, the last one may be forty-five days out.

The Editors

Sep 22, 2026

Every plan since 2023 assumed the next move was down.

The Fed raised to 3.75–4% in a unanimous vote, and its own projections now show rates flat through 2027. Budget season starts now.

The Editors

Sep 15, 2026

$160 billion raised this year. Half of it was one company.

SpaceX, SK Hynix and Cerebras have all priced. OpenAI has moved to 2027, Anduril still has not filed, and what is left has nine weeks and an election to get through.

The Editors

Sep 8, 2026

The average new CFO is 48. Last year they were 52.

Boards are promoting from within at above-average rates, and reaching younger to do it. Whether that is bench strength or bench thinness depends on who is left underneath.

The Editors

Sep 1, 2026

Your tariff refund arrived. Deciding whose it is comes next.

The Supreme Court struck down the IEEPA tariffs and Customs is paying the money back. Three companies have now reported it three different ways — and one expects to hand most of it to its customers.

The Editors

The weekly briefing for CFOs and senior finance leaders.

Featured

Private equity is holding 33,000 companies. It is running out of ways not to sell them.

Archive

Private equity is holding 33,000 companies. It is running out of ways not to sell them.

2026 beat its IPO forecast on dollars and missed on companies. What happens to the rest?

The midterms change who votes. They do not change what passes.

Six days to close. Thirty-eight to file. Both are true.

Every plan since 2023 assumed the next move was down.

$160 billion raised this year. Half of it was one company.

The average new CFO is 48. Last year they were 52.

Your tariff refund arrived. Deciding whose it is comes next.

The CFO Desk