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 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.
Morgan Lewis analyzes how the SEC's latest proposal could broaden fundraising flexibility and reduce regulatory friction for alternative investment vehicles.
Anchored by three institutional LPs, the fund offers exposure to private asset-backed finance and traded structured credit opportunities.
The announcement comes as investors in Blue Owl's non-traded BDC shunned an earlier Saba and Cox Capital joint-offer to repurchase shares at a steep discount.
