The addition of a real estate strategy provides individual investors and family offices with access to funds managed by Morgan Stanley, PGIM, and Starwood Capital.
The interval fund joins a lineup of vehicles managed by Neuberger, StepStone, and Nuveen across private credit, multi-asset, real estate, and venture strategies.
Boaz Weinstein's firm plans to solicit shareholder proxies as it seeks to terminate the closed-end fund's manager and pursue board changes.
Neuberger Private Markets Access Fund, a $2.5 billion tender offer fund targeting small- and mid-cap companies, allocated 17% of its capital to GP-led secondaries as of June.
Two CAZ funds are now available through the SoFi Invest platform, covering themes including GP stakes, professional sports, energy infrastructure, space, and defense.
Funds managed by Apollo have invested more than $1 billion in a joint venture with the trust, which will use the proceeds to repay a significant portion of its credit facility.
The capital raise, which will fund further acquisitions across Canada, was completed through an iCapital-managed investment vehicle.
The Loomis Sayles Credit Income Opportunities Fund, distributed by Natixis Investment Managers, will invest in public and private credit markets.
The iCapital Virtus Diversified REIT will provide Canadian wealth managers with streamlined exposure to VREIT's non-listed real estate portfolio.
The sale-leaseback deal, completed through a JV with Fetner Properties, follows the fund's conversion from a tender offer to an interval structure, while still being taxed as a REIT.
