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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

Cohen & Steers Income Opportunities REIT buys two open-air shopping centers for $92.3 million

Grand Canyon Crossing in Phoenix and Manchester Village in Rock Hill, S.C., are both 99% occupied, the REIT says.

New funds

Tokio Marine and GFH Bank named in week's two largest private-market fund filings

A $2 billion Oct. 12 filing and a $1 billion Oct. 13 filing account for roughly 95% of the $3.17 billion in stated size across four registrations.

The Wrap

Sun Life Private Wealth adds three executives in Singapore and Bermuda

The Oct. 13 changes included Alvin Soh in Singapore and Georgina Howes moving from Transamerica Life (Bermuda) Ltd to the Bermuda unit.

Liquidity

Fitch: nontraded BDC redemption requests ease to 9.8%, still near twice the 5% cap

Third-quarter requests averaged 9.8% of shares across 13 of 15 perpetual nontraded BDCs, down from 10.3%, but still nearly double the 5% quarterly cap.

Sponsors

Crescent Private Credit Income CFO resigns in second officer exit since August

Gerhard Lombard, CFO of Crescent Capital Group, is named interim CFO at the $590.5 million nontraded BDC.

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