The platform's interval-fund menu now spans private credit, real estate, infrastructure and private equity.
AssetMark added two interval funds from Calamos Aksia and StepStone, increasing its interval-fund shelf to six vehicles.
The new funds are private equity vehicles, and the six-fund shelf now spans private credit, real estate, infrastructure and private equity.
Reported by The Wrap desk from Interval Fund Daily tracking. Published . Corrections
The platform now has six interval funds spanning private credit, real estate, infrastructure and private equity.
The StepStone vehicle's repurchase terms are not disclosed, and the coverage does not say what strategies the funds will run.
The StepStone vehicle's repurchase terms are not disclosed.
Repurchase requests equaled 10% of NAV against a 5% quarterly cap; the fund filled roughly half.
The $9.9 billion nontraded BDC filled 38.2% of repurchase requests after investors tendered 13.1% of shares against a 5% quarterly cap.
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