CAZ Strategic Opportunities Fund, which had a 30.6% allocation to secondaries as of Q3, according to SecondaryLink's Evergreen Screener, has now surpassed $500 million in assets.
The ETF provider has hired Alessio de Longis to head its new Active Investments platform and Hyuk Soo Han to help lead its private equity secondaries efforts.
The SEC application would allow ARK-advised funds to add exchange-listed and tokenized share classes, giving investors another way to access the secondary market.
Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
The collaboration with LODAS Markets will first provide an additional liquidity pathway to investors of Harrison Street AM semi-liquid evergreen funds.
Two CAZ funds are now available through the SoFi Invest platform, covering themes including GP stakes, professional sports, energy infrastructure, space, and defense.