The firm's flagship Cox Retail Secondaries Fund I is offering to purchase up to $2.5 million of Variant Alternative Income Fund shares at a 40% discount to October 26 NAV.
We dive into the AI-focused fund of funds, outlining the investment strategy, share structure, and planned New York Stock Exchange listing.
The pension worked with Hamilton Lane on the secondary acquisition of an interest in the approximately $31 billion open-end real estate fund.
The FTSE 250-listed private equity fund is selling partial interests in five Oakley funds at a 5.75% discount to their March 31 carrying value.
We examine the proposed interval fund's strategy, share structure, and liquidity terms, including its planned Texas Stock Exchange listing.
The new Class A shares will carry a 3.5% maximum upfront sales charge and a $25,000 minimum investment.
