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 […]
Note: Premium Subscribers can access an ad free PDF of this article by logging in and going to “Research Reports.” According to the latest Mercer Investments Large Asset Owner Barometer report, infrastructure is the leading asset class that the most respondents plan to target for increased investment in 2024. Infrastructure is a component of real […]
Two new interval funds filed registration statements in January 2024: Catalyst Strategic Income Opportunities Fund, and Fidelity Floating Rate Opportunities Fund. Additionally, the Meketa Infrastructure Fund, which filed an initial registration statement in September 2023, was declared effective by the SEC in January. Catalyst Strategic Income Opportunities Fund Catalyst Strategic Income Opportunities Fund filed a […]