Commentary

CAI Fund VII held its first close in June 2023 and concluded its fundraise in September 2024.

NAV loans for LP distributions were a hot topic – some might say even a spicy one – at an industry gathering in Paris this week.

Also, Sound Point Direct Lending closed on a separately managed account that is expected to grow to more than $500 million.

To date, the fund has invested about 45 percent of the capital raised.

The fundraising represents a 60 percent increase on Castik's previous fund that closed at €1.25 billion in October 2020.

Five Point is focused on building sustainable infrastructure.

Any hint of drift, or hiccup in performance, or even drama in the ranks, could be a reason for an LP to skip out on the next fund. It’s a precarious environment right now.

Capital Solutions Founders Fund launched in 2023.