However beautiful the strategy, you should occasionally look at the results. Winston Churchill The interval fund sector has gone through unprecedented growth over the past few years. Yet there has been very little coverage of how these funds are actually performing, until now. In the article we provide a broad overview of interval fund performance, […]
Five new interval funds filed registration statements in April 2024. Fund Category Management Fee Steadfast Structured Growth Fund Credit 1.20% of net assets Privacore PCAAM Alternative Income Fund Credit TBD OneAscent Private Markets Access Fund PE/VC 1.50% of net assets Principal Private Credit Fund I Credit 1.25% of net assets Sphinx Opportunity Fund Real Estte […]
Unlisted closed end funds(CEFs) are continuing their rapid growth in 2024. As of the most recent SEC filings, there are a total of $75.3 billion net assets in interval funds, and $60.9 billion net assets in tender offer funds. Year over year net asset growth is 19.3% for interval funds, and 20.3% for tender offer […]
This month five new interval fund filed registrations statements: Fund Name Strategy Registration Date The Pop Venture Fund PE/VC 3/29/2024 Axxes Opportunistic Credit Fund Credit 03/15/2024 Cascade Private Capital Fund PE/VC 03/14/2024 Accordant Real Estate Growth Fund Real Estate 03/07/2024 John Hancock Multi Asset Credit Fund Credit 03/06/2024 Other notable fund registrations include a new […]
This month three new interval funds filed registration statements. Aether Infrastructure & Natural Resources Fund filed for a new public offering. Gemorp Commodities Alternative Products Fund and AB Carval Credit Opportunities filed registration statements for privately offered interval funds. Additionally, there three new tender offer funds, and one private NT BDC filed registered with the […]