A BDC is a publicly regulated investment vehicle that helps small and mid-sized U.S. businesses get money when they cannot borrow from banks.

The next frontier in investing isn’t a new asset class—it’s a new way of giving people access. The rise of private markets is impossible to ignore, we explain in Morningstar’s 2026 Outlook. Since 2015 ...

In a world where public markets dominate the financial headlines, an increasingly important part of diversified wealth strategies is unfolding away from the spotlight — in private markets. Over the ...

Private equity is knocking on the doors of your 401(k), dressed up in slick marketing and lower investment minimums. Supposedly, it’s a breakthrough – “democratizing” returns once exclusive to ...

Washington state's pension fund has outperformed peers by investing heavily in private equity. Critics warn the strategy ...