Ethereum’s evolution from an idea to a powerful and versatile platform is reshaping how financial services are built, delivered, and owned. Behind it is a whole value chain for investors to consider.

Amid speculation that economic data might become politicized, one thing hasn’t changed: it still demands context, perspective, and a long-term view beyond the next headline.

Highlights from the week of August 8 – August 14, 2025.

​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Secondary private equity can potentially enhance the return and risk profile of a traditional 60/40 portfolio.

Highlights from the week of August 1 – August 7, 2025.

Winning the AI race may hinge less on algorithms and more on powering data centers, which are projected to double their electricity consumption in the next decade. The grid is nowhere near ready. Here’s what it means for equity investors.

An environment of few IPOs and low M&A activity can create a buyer’s paradise for secondary market funds.

Assessing stocks through the lens of excess capital formation can help investors avoid value traps and identify high-quality stocks.

By combining active and passive underlying investments, blended target date funds may enhance potential returns and diversification over passive-only alternatives while keeping overall portfolio expenses low.