The semi-liquid structures, which span credit and infrastructure strategies, target investment opportunities through secondaries.
The SEC application follows similar relief granted to ARK Venture Fund last month and could give investors additional liquidity outside scheduled repurchase offers.
Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
The recently registered interval fund, sub-advised by Barings, will target private asset-based credit investments through direct and secondary transactions.
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.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
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 Hamilton Lane Credit Income Fund offers access to a portfolio of mid-market senior loans, sourced through primary and secondary markets.
Hamilton Lane Private Infrastructure Fund had a ~50% allocation to secondaries as of Q3, according to SecondaryLink's Evergreen Screener.
