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The Capital Ledger

PRIVATE-MARKETS INTELLIGENCE · MONTHLY

Where private capital is moving, and why.

One edition a month for emerging managers, searchers, operators and allocators. The data, the context, and what the other side of the table needs to see before it says yes.

Free. One edition a month. Published by The Capital Alliance Network.

$260B in Secondaries, a $14.8B AI Fund & the Infrastructure Opportunity of a Generation

Sep 25, 2026

$260B in Secondaries, a $14.8B AI Fund & the Infrastructure Opportunity of a Generation

The Capital Ledger · Edition 05

INSIDE EVERY EDITION

Three reads, one market view, and the rooms worth being in.

The Signal

Three sourced reads on what moved in private markets this month, and what it means for the people raising and deploying capital.

The Market Read

The newest episode of Capital Market Briefs, CAN Media's show on deals, structures and the models behind them.

The Capital Briefing Series

Monthly members-only briefings with allocators, operators and capital partners, previewed in every edition.

THE CAPITAL BRIEFING SERIES · Q4 2026

Monthly briefings. Members only.

Oct. 23: How Allocators Screen Emerging Managers, with Willis Wilson of Cambridge Associates.

Nov. 12: Ownership Transitions: The ETA & Succession Window, with Keith Spears.

Dec. 2: What Institutional Capital Requires, moderated by Emmanuel Esochaghi of VeraDaniel & Company.

Virtual · 1:00 PM ET · Replays for members

Request an Invitation to CAN
The Capital Briefing Series, Q4 2026: Oct. 23, Nov. 12 and Dec. 2

WATCH · CAPITAL MARKET BRIEFS

$682 Million in Two Years: Why Investors Are Skipping Startups and Buying Businesses Instead

How entrepreneurship through acquisition works, why the succession wave matters, and the two models used to own an established business.

Watch the Episode

Every edition

Full archive →

Consolidation, Evidence and a $5 Trillion Clock

August 2026

Consolidation, Evidence and a $5 Trillion Clock

The Capital Ledger · Edition 04

The Room, the Moves and What's Next

July 2026

The Room, the Moves and What's Next

The Capital Ledger · Edition 03

Connections, Capital and Smart Money

June 2026

Connections, Capital and Smart Money

The Capital Ledger · Edition 02

Inside the Network

May 2026

Inside the Network

The Capital Ledger · Edition 01

ABOUT · THE CAPITAL ALLIANCE NETWORK

A network built for the builders.

CAN is a private network for asset managers, sponsors, searchers, allocators and professionals working in private capital markets. Members convene in person and online, share what they're working on, and find each other across the layers of the capital stack.

CAN's mission is to support the building of $1 trillion in aggregate AUM and enterprise valuations inside the network by 2055.

Membership is by invitation.

Members get the Capital Briefing Series, replays in ATLAS, and access to the network.

Request an Invitation

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Private-markets intelligence from The Capital Alliance Network, one edition a month.

The Capital Ledger

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Insights on where capital moves, deals get made, and the architects of private markets stay ahead.

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