There are currently more than 70 active interval funds, with a combined total net assets of approximately $35 billion. The increasing popularity of the interval fund structure has attracted new sponsors to the space. Several asset managers with active funds have launched additional products. Seven new interval funds have filed registration statements since the beginning […]
Primark Private Equity launched a new interval fund focused on the private equity space. According to the Fund’s prospectus, Primark Private Equity Fund will invest in private operating companies and private equity funds. These funds are are typically only available to institutional investors. The fund charges a 1.50% management fee. Primark is offering three share […]
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 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 […]