The proposed transaction will bring Mount Logan's combined interval fund AUM to approximately $460 million, with closing expected in Q1 2027.
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.
The firm's flagship Cox Retail Secondaries Fund I is offering to purchase up to $2.5 million of Variant Alternative Income Fund shares at a 40% discount to October 26 NAV.
We highlight the investment strategy, share structure, and other details of the newly registered interval fund.
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.
We highlight the investment strategy, share structure, and other details of the newly registered interval fund.
The deal brings Bow River's $1.3 billion fund onto Apogem's platform alongside its GP-led, LP secondary, and GP stakes businesses.
Patrick Wolfe has resigned as COO of BlackRock Private Credit Fund, BlackRock Direct Lending Corp., and BlackRock TCP Capital Corp., weeks after CEO Philip Tseng left the same three funds.
