Two CAZ funds are now available through the SoFi Invest platform, covering themes including GP stakes, professional sports, energy infrastructure, space, and defense.
The registered interval fund is designed to give investors, regardless of accreditation status, exposure to the long-term growth of private asset managers.
We map the fair value, cost, and acquisition timeline for one of evergreen capital's most invested-in Q2 continuation funds.
The two interval funds give wealth management clients access to private equity, including secondaries and co-investments.
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.
Neuberger Private Markets Access Fund, a $2.5 billion tender offer fund targeting small- and mid-cap companies, allocated 17% of its capital to GP-led secondaries as of June.
The fund has already secured a $125 million anchor commitment from Beedie Capital following its acquisition of a 50% stake in Vistara.
The deal is part of a broader $2 billion recap that also attracted fresh capital from Bain Capital.
The newly registered interval fund follows a GP stakes investment strategy similar to the recently launched CAZ GP Stakes Fund.
The registered interval fund expands the firm's GP stakes strategy to a wider audience, including investors without accredited status.
