"It's time for new management at BPRE. Read about the dumpsterš„ of their own making at fireBLUEROCK.com," Saba Founder Boaz Weinstein wrote on X.
The non-traded BDC completed another private placement offering, with proceeds earmarked to repay existing debt, including its 3.125% notes due later this month.
The vehicle will invest across private equity, alternative & direct credit, and hedged strategies, including primary and secondary private fund interests.
EQT Nexus Asia will allocate across EQT Private Capital's closed-ended large-cap and mid-market strategies, targeting companies in healthcare, services, technology, and industrial technology.
Alternative Credit Income Fund's 5% quarterly repurchases would pause for a year before the merged company begins discretionary 2.5% tenders.
Shareholders submitted an estimated $4.3 billion of Q3 repurchase requests, representing around 10% of shares outstanding, as of June.
