At a glance
- Another 39% reassess those unobservable inputs quarterly, while 48% of fund groups refresh valuations daily using observable market inputs.
- Cox Capital is bidding $10 million for Blue Owl Credit Income Class I shares at $7.31 per share, 20% below the reported August 31 NAV of $9.14.
- VineBrook Homes Trust expects to buy 909,090 Class A shares at $33, a 37% discount to NAV, after 2.75 million shares were tendered.
A Deloitte survey of 95 registered investment company fund groups found that only 4% update unobservable fair-value inputs daily. Another 39% reassess those unobservable inputs quarterly, while 48% of fund groups refresh valuations daily using observable market inputs. The survey measures valuation frequency, not tender outcomes.
Cox Capital is bidding $10 million for Blue Owl Credit Income Class I shares at $7.31 per share, 20% below the reported August 31 NAV of $9.14. The tender expires November 25 unless extended or terminated earlier.
VineBrook Homes Trust expects to buy 909,090 Class A shares at $33, a 37% discount to NAV, after 2.75 million shares were tendered. The expected buyback totals about $30 million and would fill roughly one of every three shares tendered.
Reported by The Wrap desk from Deloitte survey, Cox Capital tender offer and VineBrook Homes Trust tender offer. Published . Corrections