As of the most recent public filings, total net assets in the unlisted closed fund market have topped $158 billion, including $87.3 billion in interval funds, and $70.7 billion in tender offer funds. In September one new interval fund, and three new tender offer funds filed initial registration statements with the SEC. Additionally, several new […]
To assist asset managers in identifying evergreen opportunities in the private equity sector, Ultimus collaborated with Interval Fund Tracker to study the landscape, analyze the data, and offer valuable insights. Interval Fund Tracker, a provider of competitive intelligence and data for solutions in the closed end fund sector, conducted the research behind the data for […]
PORTLAND, Ore., Aug. 27, 2024 /PRNewswire/ — Variant Investments, LLC (Variant), an SEC-registered alternative credit investment manager, today announced that Brian Park has joined the firm as general counsel, effective Aug. 12. Park is a member of Variant’s management committee and reports to principals and co-founders Bob Elsasser, Curt Fintel, and J.B. Hayes. Park previously […]
Five new interval funds filed registration statements in August, all of them focused on credit. Fund Category Registration Date Nuveen Enhanced CLO Income Fund Credit 8/30/2024 Blackstone Private Multi-Asset Credit Fund Credit 8/21/2024 Eagle Point Defensive Income Trust Credit 8/12/2024 Rockefeller Municipal Opportunities Fund Credit 8/8/2024 Sound Point Alternative Income Fund Credit 8/6/2024 New Interval […]
Eight new interval funds filed registration statements in July 2024. Seven of these new funds are credit focused, and one is venture capital. Fund Name Strategy Registration Date Russell Investments Strategic Credit Fund Credit 7/30/2024 Prospect Enhanced Yield Fund Credit 7/23/2024 Lord Abbett Municipal Opportunities Fund Credit 7/22/2024 Callodine Specialty Income Fund Credit 7/16/2024 Gladstone […]