Interval funds are taking private wealth by storm - since its creation in 2014, there are now nearly 40 active interval funds w/ $17B in AUM, with more capital looking to be raised by more than 20 other funds currently in registration https://t.co/NXOlYwYL9m
The IPA supports individual investor access to a variety of asset classes with low correlation to the traded markets and historically available only to institutional investors, including: lifecycle real estate investment trusts (REITs) and perpetual life REITs, lifecycle business development companies (BDCs), interval and closed-end funds, energy and equipment leasing programs and real estate private equity offerings. These portfolio diversifying investment (PDI) products have been held in the accounts of more than 3 million individual investors. They remain a critical component of an effectively balanced investment portfolio and serve an essential capital formation function for the U.S. economy. The mission of the IPA is to advocate for PDIs through education and public awareness.