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 […]
CINCINNATI, OHIO – July 23, 2024 Ultimus Fund Solutions® (Ultimus®), a leading independent provider of full-service, technology-enhanced fund administration, accounting, and investor solutions, is proud to announce Ultimus Registered Alternatives Gateway™ (Ultimus Gateway), a scalable platform to launch registered alternative funds. Harnessing Ultimus’ premier fund governance practices in the registered fund space, extensive alternatives experience, […]
Four interval funds filed new registration statements in June 2024. The big news for the month was the entrance of two “traditional” investment firms into the interval fund market: Russell and Wellington. Additionally, four new tender offer funds and two NT BDCs entered the alternative investments fund pipeline. Russell Investments New Economy Infrastructure Fund Russell Investments […]