Structures

Access private credit strategies designed to deliver income potential, portfolio diversification, and exposure beyond traditional public markets.

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Interval Funds

An interval fund is a type of closed-end fund that is not traded on public markets that therefore offers periodic liquidity through scheduled repurchase offers, typically quarterly, rather than continuous trading. Unlike traditional closed-end funds, interval fund shares are not traded on a stock exchange.

This structure allows the fund to hold less liquid assets — such as private credit, real estate, or other alternative...

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Business Development Companies

A business development company (BDC) is a type of investment vehicle that provides capital to small and mid-sized companies typically through loans or equity investments.

BDCs are regulated under the Investment Company Act of 1940 and are required to distribute the majority of their...

Limited Partnerships

A limited partnership (LP) is a business structure commonly used in private markets investing. In this structure, a general partner manages the partnership and makes investment decisions, while limited partners contribute capital as passive investors and have limited liability to the amount they invest.

Limited partners generally do not participate in day-to-day management of the fund. LP structures can exist across...

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Real Estate Investment Trusts (REITs)

Real Estate Investment Trust (REIT) is a company that owns or finances income-producing real estate or related assets, allowing investors to gain exposure to real estate without directly purchasing or managing properties. REITs were established by Congress in 1960 to give individual investors access to large-scale, income-producing real estate investments. REITs may invest in assets such as...

Tender Offer Fund

Tender Offer Fund is a type of closed-end investment fund that provides limited liquidity by periodically offering to repurchase shares from existing shareholders through a tender offer, rather than allowing daily redemptions like a mutual fund. Investors can typically sell shares back to the fund only during specified tender offer periods and subject to the fund's repurchase limits.