Interval Funds

Hamilton Lane: ‘Evergreen hesitancy only temporary’

Some investors have been ‘housing capital’ in evergreens before redeeming to fund a Hamilton Lane SMA, co-chief Erik Hirsch said on a Tuesday earnings call.

LibreMax launches debut interval fund as hedge funds circle private credit

LibreMax Asset-Backed Income Fund targets asset-backed finance and traded structured credit opportunities.

Stress in private credit funds is stalling efforts to widen retail access

Runs draw down political capital, as examiners step up focus on disclosures, possible conflicts and valuation of funds.

Cliffwater, Morgan Stanley cap redemptions as liquidity requests rise

Cliffwater and Morgan Stanley seek to reassure investors over the health of their funds’ portfolios, while JPMorgan limits lending activity to credit funds.

Private credit’s political shadow

The economic troubles of the asset class are causing political problems for the industry as regulators rethink some of their ‘light touch’ promises.

Cliffwater CIO: Time to reconsider NAV ‘squeezing’ in secondaries

The asset manager’s investment chief cites ‘weird time arbitrage’ that the practice causes for evergreen investors who buy into vehicles at similar points.

BNP Paribas: ‘Alternative” evergreen structures attract institutional investors

Run-off evergreens and rolling vintage umbrella funds are giving LPs more flexibility than traditional closed-end drawdown funds.

Janus Henderson-backed units launch first asset-backed private credit interval fund

Privacore VPC Asset-Backed Credit Fund will be seeded with $250m in capital from CNO Financial and Corbin Capital.

Oaktree makes global credit fund available in UCITS structure

The move will expand access to its evergreen credit vehicle to investors in Europe, Asia-Pacific and Latin America.

Gapstow: Credit interval fund AUM jumped 37% in 2025

Report says 22 new alternative credit interval funds made a new record for launches, bringing total AUM to $83bn.