The private market strategies, in partnership with Apollo and Franklin Templeton, will allocate 12-20% to private debt and real estate through interval funds.
The firm reported a 14% QoQ increase in private wealth inflows, supported by growth across its evergreen funds and easing redemption pressure in its credit and real estate vehicles.
The proposed transaction will bring Mount Logan's combined interval fund AUM to approximately $460 million, with closing expected in Q1 2027.
Harrison Street's process sold 91% of shares offered, with 41% transacting at a 15% discount to NAV versus the 20% initially requested.
The recently registered interval fund will invest in DLP Capital vehicles targeting debt and equity opportunities across US attainable rental housing.
The recently registered interval fund, sub-advised by Barings, will target private asset-based credit investments through direct and secondary transactions.
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.
The vote follows the board's termination of Octagon and clears the condition for the fund's previously announced liquidity plan.
"Octagon's proposals do not amount to a real plan forward," XAI president Kimberly Flynn exclusively told EvergreenLink.
Callodine Specialty Income Fund will be adding entertainment lending and aviation finance sleeves to its strategies as it expands availability across custodial platforms.
