John Hancock Comvest Private Income Fund will absorb Manulife Private Credit Fund in a NAV-for-NAV transaction.
The Janus Henderson affiliate has partnered with Tradable to offer a blockchain-based feeder fund investing in the Privacore VPC Asset Backed Credit Fund.
CFO Kirill Bouek's resignation follows the departure of the non-traded BDC's President, Raymond Barrios, in August.
The commencement date adjustment follows Blue Owl's request for a new notice, citing a material difference between the originally proposed and announced purchase amounts.
The deal would reportedly shift the vehicle's assets into a closed-end structure and trigger a delisting.
The Canadian bank now holds 10.5% of Blue Owl Credit Income Corp. as shareholders sought to withdraw 16.8% of outstanding shares in Q3.
Launched in 2022, the non-traded vehicle invests across venture capital, private credit, and private equity.
ASB StepStone Private Financing Fund will focus on senior secured financing to US middle-market companies.
KKR FS Income Trust Select will satisfy liquidity demand in full after investors sought to withdraw 5.06% of outstanding shares in Q3.
The unsolicited bid comes just three days after Blue Owl Credit Income Corp. disclosed 16.8% in Q3 redemption requests.
