New funds: archive
Every New funds story in Interval Funds, newest first. 45 stories
4 stories
HLEND's $382.5 million markdown shows restructurings bite
The nontraded BDC's cumulative distributable earnings swung to a $342 million deficit. Redemption requests hit 13.3% of shares.
BREIT's $3.3B data-center bet puts its redemption promise to the test
The fund sold self-storage, its most liquid property type, to build data centers that won't pay off for years.
XA projects specialty structures to grow more than 20% a year
Sponsors are adding 3(c)(7) funds and operating companies to the semi-liquid market, trading liquidity for higher-return potential.
Nineteen private-market fund filings test the semi-liquid promise
Draft N-2 filings from T. Rowe-Goldman, PGIM-Partners Group, and a crowd of credit shops widen the field as BCRED's repricing pressures the wrapper.
1 story
BCRED's First-Half Markdown Triples 2025's Unrealized Loss
NAV fell for a fourth straight quarter even as distributions kept total return positive, and the redemption queue keeps growing.