Issue Two · June–July 2026 · The Latest Edition

Capital Under Pressure

Private capital is entering its most structurally uncertain decade in a generation. Issue Two examines what allocators, principals and family offices do when the risk-free rate is no longer risk-free.

Publishing Late July 2026

About this Issue

Issue Two brings together family office principals, investment directors, capital strategists and macro thinkers to examine a single question: what does long-duration private capital actually do when the assumptions of the last cycle no longer hold? Full contents will be published on release.

Editorial Themes

What Issue Two Will Cover

  • Macro & Markets

    The end of the post-2008 monetary regime and what allocators do when the risk-free rate is no longer risk-free.

  • Private Capital

    Private markets under a higher-cost-of-capital regime — dispersion, discipline, and the return of underwriting.

  • Family Office Strategy

    How single- and multi-family offices are re-underwriting portfolios, governance and liquidity for a decade of structural uncertainty.

  • Real Assets & Natural Capital

    Infrastructure, energy transition, and natural capital as the strategic backbone of long-duration portfolios.

  • Succession & Governance

    Leadership transitions inside dynastic wealth when the operating environment no longer resembles the one families built for.