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.
The recently registered interval fund, sub-advised by GCM Grosvenor, will target real asset investments through secondary, primary, co-investment, and listed transactions.
He brings almost a decade of experience at Partners Group, investing across private real estate, including secondaries.
Two CAZ funds are now available through the SoFi Invest platform, covering themes including GP stakes, professional sports, energy infrastructure, space, and defense.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
We highlight the key features of the Cliffwater-managed interval fund, which will target capital-intensive private real assets through secondary, primary, and direct investments.
The announcement comes as investors in Blue Owl's non-traded BDC shunned an earlier Saba and Cox Capital joint-offer to repurchase shares at a steep discount.
The semi-liquid structures, which span credit and infrastructure strategies, target investment opportunities through secondaries.
Hamilton Lane Private Infrastructure Fund had a ~50% allocation to secondaries as of Q3, according to SecondaryLink's Evergreen Screener.
