Sun Life has committed $150 million in seed capital to the vehicle, which invests globally across infrastructure funds, secondaries, and co-investments.
Harrison Street's process sold 91% of shares offered, with 41% transacting at a 15% discount to NAV versus the 20% initially requested.
Openstone Infraworld will initially target four funds managed by Macquarie, Partners Group, and Ares, including strategies focused on infrastructure secondaries.
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.
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 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.
