UNLOCK THE POWER OF THE VAULT

Nontraded Interval Fund, Closed-End Funds and Private Placement Up in August

September 18, 2017

Interval Fund, Nontraded Closed-End Funds and Private Placement Up in August

September 19, 2017 | Luke Schmidt | Blue Vault

bv_web_home_sliderimage_monthlysales_2

Blue Vault reports sales for Interval Funds and nontraded Closed-End Funds. August sales for these funds that were reported to Blue Vault totaled $160.9 million, up 44% from the $111.8 million reported in July. The largest total sales reported by a sponsor of these products was $86.5 million by Griffin Capital Corporation in their Griffin Institutional Access Real Estate Fund. This fund’s sales were 54% of total sales reported for August in the IF/CEF sector, in line with their 54% of total sales reported in July.

Sponsors reported Private Placement sales of $1,533.5 million in August, up significantly from just $149.4 million in July. The large increase is primarily attributed to Owl Rock Capital, who reported $1,367.5 million in Private Placement sales in August after reporting no sales in July.  Owl Rock Capital represented 89% of total reported sales in August. Inland Real Estate Investment Corporation reported Private Placement sales of $60.6 million.

View Blue Vault’s Monthly Sales breakdown by alternative investment type.

More information about the Blue Vault Monthly NTR and BDC sales can be found here.

Print Friendly, PDF & Email
Go Back
Steve Siepak
Blue Vault session at the recent National Planning Holdings National Conference
September 13, 2017

The well-attended Blue Vault session at the recent National Planning Holdings National Conference was very well received. The value of their products was evidenced by the volume of questions from the attendees. Stacy Chitty, Managing Partner, did an excellent job of explaining the history, strategy and value of Blue Vault data.