5-story news cycles. AI tactics for the modern fund. Long-form interviews with the operators rewriting how Wall Street raises capital. New episodes every week.
The biggest quarter in tech history landed the same week Anthropic passed OpenAI at a $900B valuation and banks finally started dumping commercial real estate debt at 85 percent off. Six stories, one acceleration: NVIDIA's record quarter, Claude Opus 4.8 and the AI vendor lock-in fight, Warsh sworn in as Fed Chair, the CRE capitulation, and the a16z playbook for building the next Blackstone. Each with one capital-raising move for this week.
Every episode falls into one of four formats — built so capital raisers can listen on Monday and have something useful to do by Tuesday morning.
5-story news cycle. Fed moves, SEC rules, capital-markets headlines — translated into action items for the operator who's raising right now.
The AI workflows, prompts, and tools we use to research deals, write LP updates, and run a fund without hiring a junior analyst.
Conversations with fund managers, GPs, and capital allocators who've actually closed the deals. No theory. No fluff. Just the playbook.
Cinematic deep-dives on the people who built the great funds — Schwarzman, Dalio, Marks. The grit, the rejections, the moments the firm caught fire.
Devin runs PF Capital, a private real estate fund — and built Fund Flow OS, the operating system other capital raisers use to manage their own. When he's not closing LPs, he's recording Funds on Fire: the news show he wishes existed when he raised his first $500K.
The voice is part TBPN, part All-In, part group chat with the smartest person at the bar. Sarcasm encouraged. Suits prohibited.
Fund Flow OS is the platform Devin built for the operators on this show — pipeline, LP comms, deal rooms, and AI workflows in one place. If you've ever managed your raise in a spreadsheet and a thread of unread emails, this is the upgrade.
Funds on Fire interviews capital raisers, fund managers, and operators with stories worth telling. If that's you, the bar is simple: real numbers, real candor, real reps.