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The SEC application would allow ARK-advised funds to add exchange-listed and tokenized share classes, giving investors another way to access the secondary market.
If approved, RBC BlueBay Enhanced Income Fund could invest alongside affiliated strategies spanning event-driven credit, special situations, and securitized assets.
The LP is also weighing the rollover of prior TAO commitments into the latest evergreen vintage, which is targeting $5-7 billion over an 18-month fundraising period.
The collaboration with LODAS Markets will first provide an additional liquidity pathway to investors of Harrison Street AM semi-liquid evergreen funds.
Davis Polk highlights the contractual remedies, SEC enforcement powers, and state-law claims relevant to investors in '40 Act funds.
The pension is also considering allocating to a similar evergreen credit strategy by Pemberton, in addition to a commitment to Cambridge Associates' sequel secondaries fund.
The regulatory body is exploring rule changes that would broaden retail access to private markets while retaining investor safeguards.
The pension has acquired interests in two component funds within IDR Core Property Trust, an open-ended commingled real estate vehicle.
The agency published a notice of intent to grant exemptive relief that allows two JPMorgan funds to make monthly repurchase offers.