Three new interval funds filed initial draft registration statements in June 2025: Fund Name Strategy Registration Date Man Diversified Income Fund Credit 06/20/2025 Pre-IPO & Growth Fund PE/VC 06/06/2025 TCG Strategic Income Fund Credit 06/04/2025 Man Diversified Income Fund Man Diversified Income Fund filed its initial registration statement on June 20. It plans to employ […]
PORTLAND, Ore., Aug. 27, 2024 /PRNewswire/ — Variant Investments, LLC (Variant), an SEC-registered alternative credit investment manager, today announced that Brian Park has joined the firm as general counsel, effective Aug. 12. Park is a member of Variant’s management committee and reports to principals and co-founders Bob Elsasser, Curt Fintel, and J.B. Hayes. Park previously […]
Intermittent partial liquidity through regular repurchases is the defining feature of interval funds. Under the a regulation known as the interval fund rule, closed end interval funds are required to offer to repurchase between 5% and 25% of shares at NAV at predetermined intervals(quarterly, semi-annually, or annually). The Fund is required to provide advanced notice […]
PIMCO Flexible Credit Income Fund an interval fund seeking to raise $1 billion, went effective on February 9.
The Fund’s strategy is true to its name: flexible asset allocation across a wide variety of global credit sectors including, corporate , mortgage, consumer, emerging market, and municipal credit. PIMCO will shift the allocation based on market conditions, valuation assessments, economic outlook, credit market trends , and other economic factors.
According to the Prospectus: