Cantor Fitzgerald Income Trust fills 27% of September repurchase requests in 10th prorated month
The nontraded REIT paid $2.2 million for 106,071 shares on Sept. 30 while its aggregate net asset value rose 6.2% to $463.2 million.
Crescent Private Credit Income CFO resigns; parent CFO Gerhard Lombard steps in
The departure is the second officer exit at the $590.5 million nontraded BDC since August, according to a filing.
SEC approves FINRA Rule 2210 change letting broker-dealers cite projected returns
The amendment takes effect on a date FINRA will announce in a Regulatory Notice, with three conditions that follow the SEC's adviser Marketing Rule.
Credit interval fund redemptions absorb 79% of gross sales, Stanger says
Tender offer funds grew 9.7% to $136.6 billion in Q3, outpacing interval funds' 3.9% rise to $142.0 billion, according to the same report.
Destra Multi-Alternative Fund authorizes below-NAV buyback, raises monthly distribution
The NYSE-listed former interval fund may repurchase shares below net asset value, using Clear Street as executing broker after a 30-day cooling-off period.