New Fund Launches
Griffin Capital, FS Investments(Franklin Square), PIMCO, and Nexpoint are all actively raising capital for new funds. In total, Four interval funds went effective on the first quarter of 2017:
|Fund Name||Effective Date||Investment Strategy|
|Griffin Institutional Access Global Credit Fund||3/30/2017||Credit|
|FS ENERGY TOTAL RETURN FUND||3/8/2017||Credit& Equity|
|PIMCO Flexible Credit Income Fund||2/9/2017||Credit|
|Nexpoint Opportunistic Credit Fund||1/13/2017||Credit|
For a complete listing of new fund launches, see Public Listing Update.
Griffin Capital and FS Investments at ADISA Spring Conference
Griffin Capital and FS Investments(Franklin Square) will both be presenting on different panels at the ADISA 2017 Spring Conference. Especially relevant topics include “Between Theory & Operations: A Practical Discussion of the Formation and Operation of Interval Funds” and “Running the Gauntlet: Interval Funds and the Due Diligence Process”. Highland Capital, an affiliate of interval fund sponsor Nexpoint Capital will also be at the conference. In conclusion, watch for these Sponsors to quickly increase the pace of their capital raise.
In addition, see: Pathway Energy Infrastructure Converts to Interval Fund.