Nobody wants to go public anymore.
After a roaring 2021 initial public offering (IPO) market, featuring boldface names like Rivian and Robinhood, private companies are staying private in 2022 since investor risk appetite for new issues has vanished.
Artificial intelligence infrastructure is expanding beyond hyperscale data centers and into some of the most remote environments on Earth. One company building for this shift is Armada, which develops modular AI data centers designed to operate anywhere in the world. …
Private market exits surged in 2025, converting approximately $15.7 billion of invested capital into more than $154 billion in exit value. The scale of liquidity realized across late-stage private companies reinforced a structural shift already underway: value creation is increasingly happening before companies reach the public markets. …
Private markets may still be labeled “alternative,” but for many RIAs, that term no longer reflects reality. Across the fiduciary wealth channel, private equity, private credit, infrastructure, and real estate are shifting from satellite allocations to core portfolio building blocks. …