Morgan Lewis analyzes how the SEC's latest proposal could broaden fundraising flexibility and reduce regulatory friction for alternative investment vehicles.
The $25 billion HPS Corporate Lending Fund has once again limited withdrawals after repurchase requests hit ~11.5% of outstanding shares.
Shareholders submitted an estimated $4.3 billion of Q3 repurchase requests, representing around 10% of shares outstanding, as of June.
The firm also provided updates on its private equity evergreen fund and non-traded BDC, as well as plans to launch new products targeting the wealth segment.
Davis Polk highlights the contractual remedies, SEC enforcement powers, and state-law claims relevant to investors in '40 Act funds.
Belasko examines the regulatory, operational and distribution factors underpinning Luxembourg's evergreen fund ecosystem.
Mark Goldberg of Alternative Investments Market Intelligence analyzes why redemption queues across non-traded BDCs could take years to clear despite easing withdrawal demand.
Kennedys explores how growing insurance allocations to private credit are reshaping the BDC market and influencing risk, leverage, and capital formation.
McDermott analyzes how private credit funds balance investor access and portfolio stability through differing liquidity and redemption frameworks.
Adams Street argues that rising redemptions appear to reflect uncertainty stemming from limited transparency, rather than underlying fundamentals.
