Cliffwater Hauls in $4B as Interval Funds Jump in ’21

The market also is growing the number of players, as more established traditional and alts managers take note of its steady growth, said Patrick Newcomb, director of benchmark research at FUSE Research Network, which recently published a report tracking asset trends in non-traded interval and tender-offer funds with UMB Fund Services. “The space is becoming more crowded,” he said. “It’s growing and getting more attention from managers that feel like they have capabilities to deliver strategies in these structures.”

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Article published on December 22, 2021