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 firm is developing products for retirement and mass affluent investors as wealth AUM soars 41% YoY to $82 billion.
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.
We highlight the investment strategy, share class structure, and other details of the non-listed perpetual-life debt REIT.
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 fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
Mark Goldberg of Alternative Investments Market Intelligence analyzes why redemption queues across non-traded BDCs could take years to clear despite easing withdrawal demand.
Incepted in 2025, the TPG-managed '40 Act fund had a NAV of $1.7 billion as of March, according to EvergreenLink Data.
The $4.5 billion non-traded BDC issued two tranches of Series D senior notes to institutional investors in a private placement.
