Quick reactions to what's moving private markets right now.

Prediction Markets Cross $25B in Annual Volume as Institutional Players Enter the Asset Class

Regulated event-contract markets have crossed $25B in annual volume and drawn a major primary dealer and other brokerages. Here's what the mechanics mean for institutional investors.

Source: CNBC, April 14, 2026

$15M Estate Tax Exemption Now Permanent | Manhattan West

The TCJA sunset is gone. See what the permanent $15M floor means for lifetime gifting, 529 superfunding, and direct tuition payments.

Source: Davis+Gilbert LLP, July 22, 2025

JPMorgan CEO Raises Private Credit Concerns in Annual Shareholder Letter, Then Walks Them Back

Jamie Dimon's April 2026 shareholder letter and April 28 Oslo remarks on private credit: what the warnings actually say, what they overstate, and what changes for allocators already in the asset class.

Source: GlobeSt, April 29, 2026

Private Markets at an Inflection: Where Each Sub-Asset Class Stands at Mid-2026

Private credit, venture, real assets, and secondaries are each moving through distinct phases of a cycle reset. Here is what the data shows.

Source: PitchBook-NVCA Venture Monitor, Q2 2026; Lord Abbett, June 2026; Jefferies Global Secondary Market Review, February 2026; Invesco Alternative Opportunities Outlook, July 2026

94% of HNW Investors Now Allocate to Private Markets, Per Annual Benchmark Study

Long Angle's 2026 benchmark study of 233 HNW investors finds near-universal private markets participation, and a 60/40 portfolio that no longer exists at this wealth tier.

Source: Long Angle, 2026 High-Net-Worth Asset Allocation Report, March 2, 2026

CFTC Invokes Emergency Authority to Block State Court Interference with Executed Prediction Market Trades

The CFTC used emergency authority for the first time to block a state court from unwinding executed trades on a federally regulated prediction market exchange.

Source: CoinDesk, July 14, 2026

Q3 2026 Market Update: The Beautiful Game | Manhattan West

Trade talks, an inflation relapse, the Iran war, and tariff volatility drove Q3 2026 markets. Read Manhattan West's quarterly State of the Market update.

Family Office or Private Wealth Relationship: Where the Threshold Actually Falls

Most families overestimate how much wealth requires a dedicated family office. The real question is whether the cost justifies the capability.

How to Invest in Crypto Institutionally | Manhattan West

A disciplined framework for institutional crypto investing: how to allocate to digital assets in a way that fits a structured portfolio approach.

What’s Happening in Private Markets Right Now

Many investors with private market exposure are asking the same question: are my private investments really worth what they're marked at, and why aren't they moving the way my public portfolio is? The answer is straightforward: this is exactly how private markets are designed to work. Private markets today are not frozen, they're repricing.

Q1 2026 State of the Market Update: One Battle After Another

Much like Leonardo DiCaprio’s Bob Ferguson, investors have endured a steady barrage of challenges: geopolitical shocks, fiscal uncertainty, trade tensions, technological disruption, and episodic market selloffs - all the while this multi-year bull market struggles to press forward. Discover more in this edition of the State of the Market.

Risk-Averse Investor Portfolio Strategies | Manhattan West

How should a risk-averse investor allocate assets today? Explore portfolio strategies that prioritize steady returns amid higher rates and market volatility.

Stop Waiting for the Fed: How To Get A Better Mortgage Rate Now

While many borrowers assume mortgage rates move directly with Federal Reserve policy and wait for signals from the Fed before locking in a rate, the relationship between the Fed Funds Rate and 30-year mortgage rates is more complex.

Beyond The Headlines: How the One Big Beautiful Bill Reshapes Personal and Corporate Tax Incentives in 2026 and Beyond

The Big Beautiful Bill reshapes 2026 tax planning with permanent rate cuts, expanded deductions, corporate incentives, and new strategies for individuals and businesses.

Q1 2026 State of the Market Update: Compounding Dies by a Thousand Headlines

We urged investors to take a deep breath and zoom out, anchoring decision-making to long-term goals rather than reacting to an onslaught of market-moving headlines. To say that this simple advice has grown more important over the past year would be an understatement.

How Prediction Markets Outperform Experts | Manhattan West

Prediction markets surface truthful beliefs by aggregating scattered information and aligning incentives, even when those beliefs are unpopular among experts.

Transfer Wealth, Not Worry: Preparing the Next Generation

70% of families lose control of their wealth by the second generation and 90% by the third. The failure is rarely driven by market volatility or escalating tax policy, but by breakdowns in communication during the wealth transfer process.

The New Private Wealth Playbook: Integrating Private Markets Into Traditional Portfolios

Discover how modern financial advisors are reshaping portfolio strategies by integrating private markets. Learn how this balanced approach enhances diversification, maintains liquidity, and unlocks access to institutional-level investment opportunities.

Is Cash King During Inflation? | Manhattan West

When inflation outpaces cash yields, holding too much liquidity can erode wealth. Explore how real yields affect capital preservation strategies.

Using the QSBS Tax Strategy in a U.S. Business Sale: A Case Study

Founders and early investors in C-Corp businesses that issue QSBS have access to one of the most powerful tax incentives in the U.S. tax code.

Q4 2025 State of the Market Update: Echoes of the Past, Signals for the Future

As the bull market moves past its three-year mark, the market’s exuberance for all things artificial intelligence continues to build. Learn more in this quarters update of the State of the Market.

The New Era of Alternative Investments in Retirement Accounts

The Policy Shift Alternative investments have traditionally been out of reach for the average...

Business Exit Planning Guide for Owners | Manhattan West

Preparing to exit your business? This guide covers legacy planning, tax strategy, and transition planning for private business owners.

Q3 2025 State of the Market Update: Tour de France Edition

As the Tour de France concludes, Manhattan West's State Of The Market Q3 2025, finds the parallels between the world’s most grueling cycling race and today’s capital markets.

A Guide To Alternative Investments : What You Should Know in 2025

As volatility reshapes public markets, discerning investors are turning to alternative investments, not as a trend, but as a strategic move.

Navigating Tariffs: Protecting Your Investment Portfolio in Uncertain Markets

Manhattan West walks through a strategic framework tailored to different portfolio positions, focused on navigating tariffs and uncertainty.

Q2 2025 State of The Market Update: Fear, Fundamentals, and Mr. Market

Explore the latest State of the Market analysis from Manhattan West, where post-election optimism in U.S. business, once fueled by promises of deregulation and tax cuts, has quickly faded over the past months.

2024 Year End Update

Manhattan West's 2024 Year End Update regarding trending topics and investment themes for the start of 2025.

State of the Market Update: When In Doubt –Zoom Out

November 2024 State of the Market Update: Stay focused on long-term investment goals as our team navigates market volatility with clarity.

State of the Market Update: Insights For Today’s Economic Challenges

August 2024 State of the Market Update: insights on the economy and political changes shaping the markets today.

State of the Market Update: Strong Jobs, Steady Inflation: Can the Goldilocks Market Last?

Manhattan West presents its Q1'24 State of the Market Update discussing current market conditions and how investors should proceed.

2023 Year End Update: Investment Themes in the World Ahead

Review our 2023 year end update: equity market rebounds, fixed income opportunities, alternative investments, economic trends & more.

State of the Market Update: Finding Opportunities in Uncertain Times

Manhattan West presents its Q1 State of the Market Update discussing current market conditions and how investors should proceed.

2022 Year End Update: Investment Themes in the World Ahead

Manhattan West continues to expand our firm as the investment strategies we espoused were validated this year in the face of falling markets.

State of The Market Update: When Disciplined Opportunism Meets Uncertainty

Manhattan Manhattan West presents a State of the Market Update discussing current market conditions.

2022 Mid Year Update: The Global Economy

While the stock market has rallied and real estate prices have soared in the United States, economic fractures exist across the country.

2021 Year End Update: The Global Pandemic

The Covid-19 Pandemic reshaped nearly every aspect of our lives - confronting new realities, deeper trends are underway.