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Interval Fund Daily

from Private Wealth Daily

The edition as it went to readers: 5 stories.

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The lead

CNL Strategic Capital sells Resolution Economics stake to sub-manager affiliate for $29.2M

The fund says the related-party deal closed Oct. 2 and repaid $2.8 million of second-lien debt.

The Wrap

DTCC takes undisclosed stake in iCapital and plans AIP integration

The firms plan to connect transaction processing, data exchange, access, administration and reporting for private-market products sold through the wealth channel.

New funds

BC Partners Lending Corp. closes all-stock ACIF merger, ending interval-fund repurchases

The combined company reported net asset value above $223 million and about 84.6% of ACIF's voting shareholders supported the deal on Sept. 10.

Liquidity

SEC cross-trading proposal restores Level 2 fixed income, excludes Level 3 assets

Registered closed-end funds, including interval funds, held 38% of gross investments in the excluded Level 3 or non-leveled categories as of September 2025.

The Wrap

Deloitte: Only 4% of Fund Groups Update Unobservable Inputs Daily

Cox Capital and VineBrook Homes Trust tender offers price exits at 20% and 37% below NAV.

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