The deal will expand Bow River's evergreen fund offerings with the establishment of a venture capital strategy.
We dive into the AI-focused fund of funds, outlining the investment strategy, share structure, and planned New York Stock Exchange listing.
We examine the proposed interval fund's strategy, share structure, and liquidity terms, including its planned Texas Stock Exchange listing.
Stableton will contribute its secondary market expertise, while Mnaara provides a Shariah-compliant investment methodology to target the 15 largest private tech unicorns in developed markets.
Adams Street Venture & Growth Fund will target private companies in the early and growth stage through secondaries and co-investments.
The jointly developed product gives wealth investors access to ICG's private equity LP secondaries strategy spanning North America and Europe.
Harrison Street's process sold 91% of shares offered, with 41% transacting at a 15% discount to NAV versus the 20% initially requested.
The partnership will also develop products for wealth investors, beginning with an evergreen private equity secondaries fund expected in the coming weeks.
We highlight key features of the newly registered interval fund, which will combine public growth investments with private-market exposure, including secondaries and co-investments.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
