Two CAZ funds are now available through the SoFi Invest platform, covering themes including GP stakes, professional sports, energy infrastructure, space, and defense.
We highlight key features of the newly registered interval fund, which will combine public growth investments with private-market exposure, including secondaries and co-investments.
The collaboration with LODAS Markets will first provide an additional liquidity pathway to investors of Harrison Street AM semi-liquid evergreen funds.
As of March, secondaries accounted for 48.2% of the tender offer fund's portfolio, according to EvergreenLink Data.
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.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
The newly registered interval fund follows a GP stakes investment strategy similar to the recently launched CAZ GP Stakes Fund.
The registered interval fund expands the firm's GP stakes strategy to a wider audience, including investors without accredited status.
Bonaccord will join the CAIS alternative investments platform, which serves over 2,000 wealth management firms and 62,000 financial advisors.
CAZ Strategic Opportunities Fund, which had a 30.6% allocation to secondaries as of Q3, according to SecondaryLink's Evergreen Screener, has now surpassed $500 million in assets.
