Simpson Thacher: Basel III Endgame Evolution: Strategic Implications for Alternative Asset Managers
Simpson Thacher: Basel III Endgame Evolution: Strategic Implications for Alternative Asset Managers March 25th, 2026
Closed-End Funds Finding Investment Opportunities Despite Ongoing Market Challenges
With the US presidential election next month, the ongoing impact of the coronavirus pandemic and the question of whether the economy is still in a recession or in a recovery, it can be tough for managers in the closed-end fund (CEF) space to navigate that uncertainty while preserving capital.
Goldman Sachs Eyes Real Estate Investment Opportunities with its First Interval Fund
Goldman Sachs has added interval funds to its growing offerings of retail alternative investments. During a keynote address at AICA’s Summer Summit on August 13th, Collin Bell, Managing Director and Global Head of Client Portfolio Management for Fundamental Equity within Goldman Sachs Asset Management, said Goldman has been involved in managing money in the form of traditional ‘40 Act funds and separately managed accounts for decades, but entered the interval fund space in May with the acquisition of a real estate interval fund.
Managers Now Offering Term CEFs to Minimize Premium Discounts
While closed-end funds (CEFs) have traditionally been perpetual offerings, more CEFS have term offerings that allow investors to liquidate at net asset value and minimize premium discounts.
Nuveen/Churchill BDC 2Q Yield Bests Overall Sector Average
Nuveen’s debt-focused business development company (BDC) generated net investment income in the second quarter of 2024 to support a 12.3% annualized dividend yield to shareholders — besting the 10.65% average Q2 yield for debt-focused BDCs across CEFData.com’s Debt-Focused BDC Index. The index benchmarks equal-weight BDCs that trade $1 million a day in average liquidity over the previous quarter.
CAIA’s Filbeck on interval funds and media criticism of the structure
Aaron Filbeck, Managing Director of the Chartered Alternative Investment Analyst Association (CAIA), discusses interval funds, their evolution, fee structures, and potential. He also responds to recent media coverage that has been...
