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Interval Fund Daily

from Private Wealth Daily

The edition as it went to readers: 3 stories.

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The lead

Ares raises $4.2 billion for structured solutions fund and affiliated vehicles

The final close lands alongside a Plenitude contribution above €1 billion and an Apollo announcement across a credit business it sizes at $850 billion.

The Wrap

Columbia and Bahnsen file interval funds that source private assets two ways

The two filings landed days after the SEC voted to propose looser repurchase rules and a 20% performance-based fee for advisers.

The Wrap

SEC proposes looser interval-fund repurchase rules as Ares caps third-quarter redemptions

Ares Strategic Income Fund's third-quarter summary reports investor requests equal to 11.6% of the fund and omits the payout split and new portfolio-quality figures.

Interval Fund Dailyfrom Private Wealth Daily

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