Watching 16 entities across 6 sectors
Quiet unless it moves your positions. 9 of 11 thresholds armed.
The PJM queue reform draft, if adopted, compresses the timing advantage that carries your grid thesis. Two of three tracked Brightfield positions move ahead nine months — good for those assets, bad for the moat that justified entry pricing. Partner review recommended before the comment window closes.
Direct lending spreads tightened 55bps in two weeks, which means the 8% private credit sleeve target was sized in a wider world. Conclave has flagged a re-run of the sizing model; no action required until the re-run completes.
4,318 items read across all tracked sectors today. Six cleared a threshold. The rest — including a routine ERCOT market notice and a small Loadbay bridge round — stayed below the bar you set.
No positions or comparables tracked in California ISO territory. Add if West Coast infrastructure deals progress past screening.
State-level certificate-of-need boards for NY/MA/CT are untracked even though the roll-up pipeline is expanding there next quarter.
The core succession dataset only covers TX/OH counties; Midwest expansion targets have no equivalent supply series yet.
No coverage — explicitly out of mandate for both active funds.