Morgan Stanley cuts North Haven BDC base fee to 1% in merger
The absorbed fund, with $288.7 million of NAV, converts at about 1.11 units of the surviving fund per unit at Sept. 30 values.
Cantor, Lincoln convert private oil fund into 2.25%-fee interval fund
Del Rio Royalty Company II investors received Class S shares in the Oct. 23 tax-free reorganization.