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 […]
Four new interval funds filed registration statements in November. Fund Name Strategy Registration Date Denali Structured Return Strategy Fund Credit 11/28/2023 Cion Grosvenor Infrastructure Fund Infrastructure 11/22/2023 Nuveen Enhanced Floating Rate Income Fund Credit 11/21/2023 Octagon XAI CLO Income Fund Credit 11/13/2023 For a list of all interval funds with pending registration statements, see New […]
The Accordant ODCE Index Fund(ODCEX) is a new interval fund/REIT hybrid that launched in September. ODCEX was formerly known as the IDR Core Property Index Fund, and it launched in 2019 as a privately offered tender offer fund/REIT. In August, Shareholders approved the appointment of a new advisor and subadvisor. They also made several structural […]
In an increasingly competitive capital raising environment, asset managers need to differentiate themselves by developing alternative investment strategies that add true value to investor portfolios. They also need to innovate in terms of product structure. Interval funds offer a compelling option for active managers with proven strategies to raise capital from the widest audience possible.
ARK Investment Management has officially launched its new interval fund: ARK Venture Fund. The SEC declared the prospectus effective on August 15, 2022. The new ARK interval fund has some unique features and will probably be as controversial as the sponsor itself. In this article we’ll take a closer look at ARK Venture Fund, and […]