Creditflux Reports on Growth in Credit Interval Funds
Creditflux recently published an article highlighting the increase of credit managers who are launching interval funds designed to target retail investors. Please click here for a link to “Angel Oak Joins Growth in Credit Interval Funds.”
Kimberly Flynn – Managing Director, Alternative Investments contributed to the article.
Her advice to credit managers is to launch several funds which are capped in size and address specific investment demand as opposed to launching one evergreen fund. She then adds that “A lot of the new interval funds are languishing at the sub-$100 million level. The key to getting about the hurdle is partly having a track record, but also presenting registered investment advisors with a more urgent call to action.”