Credit interval fund redemptions absorbed 79% of Q3 sales, Stanger says
Interval fund assets rose 3.9% to $142.0 billion; tender offer funds grew 9.7% to $136.6 billion.
Cantor Income Trust prorates redemptions for a 10th straight month
The nontraded REIT filled 27% of September repurchase requests, its 10th straight prorated month, as Cliffwater Corporate Lending Fund capped third-quarter redemptions at 5% against 16% of requests.