5 Reasons to Convert from a Private Fund to a ’40 Act Interval or Tender Offer Fund Today In case you haven’t heard, the retail alternatives space is growing – faster than the hedge fund market, faster than the mutual fund market, faster than just about any other asset class. In fact, according to Cerulli’s […]
In between the consensus forecast, and black swans no one has even considered, are gray swans- high impact events that are unlikely but still possible. Forward looking investors need to consider the full range of possibilities, not just focus on historical returns. This requires taking a long term, big picture view, and structuring unique portfolios […]
The increasing popularity of high yield bond funds brings the issue of liquidity mismatches to the forefront. There are plenty of opportunities in credit, but investors need to find the right vehicle for the right strategy. When the average high yield bond only trades nine times per week, a daily liquidity structure such as a […]
The CIM Real Assets & Credit Fund(CIM RACR) officially launched on May 4, 2020, when the SEC approved their prospectus. CIM RACR is available in four share classes: C Shares (RACRX), A Shares (ARACX), I Shares (IRACX) and L Shares (LRACX). The minimum investment for Class C, A, and L shares is $2,500, and the […]
Interval fund performance during the global financial crisis (GFC) of 2008-2009 provides a useful case study for understanding how Covid-19 might impact the sector. Although the global pandemic and economic shutdown we are currently experiencing is unique, every financial crisis has certain characteristics in common. How a Financial Crisis Impacts Interval Funds First the bad […]