Program-wide subscriptions fell nearly 7% from the previous month, while transactional NAV stood at $6.5 billion.
Incepted in 2021, Ares Pathfinder Core Fund is an evergreen asset-based lending vehicle that invests in liquid and illiquid opportunities.
The $100 million commitment made in 2022 is under review amid concerns over fund performance, manager concentration, and a limited LP base.
The firm's evergreen private equity flagship, which invests in secondaries, reached $29 billion in NAV less than three years after inception.
Cascade Real Assets Fund currently provides exposure to 120 properties through seven platform partners, spanning secondaries, co-investments, and seasoned primaries.
BXPE US sold $527.9 million in LP interests on September 1, while its feeder raised $166.4 million, alongside subscriptions to other program vehicles.
Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
The capital raise, which will fund further acquisitions across Canada, was completed through an iCapital-managed investment vehicle.
The 3(c)(7) Exempt fund and its affiliated vehicles reported $6 billion in aggregate transactional NAV as of June 30.
As of May 31, the BXPE Fund Program as a whole had an aggregate Transactional NAV of approximately $23.7 billion.
