Insights

The Private Shares Fund – A Closed-End Interval Fund Primer

The Private Shares Fund – A Closed-End Interval Fund Primer

The closed-end interval fund framework enables investors to access and own potentially highly profitable non-public and illiquid businesses previously only available to institutional investors. Closed-end funds continuously offer new shares for sale but may buy back existing shares only during specific periods.

A Primer on SPACs – The Robinson Opportunistic Income Fund

A Primer on SPACs – The Robinson Opportunistic Income Fund

SPACs are companies formed to raise capital in an initial public offering (“IPO”) with the purpose of using the proceeds to acquire an unspecified private business. SPACs are a potentially compelling alternative to complement a fixed income portfolio with potential downside mitigation and capital appreciation opportunities.

Closed-end Interval Funds:  A Vehicle for Owning Late-Stage Private Equity Businesses

Closed-end Interval Funds: A Vehicle for Owning Late-Stage Private Equity Businesses

The Private Shares Fund, advised by Liberty Street Advisors, invests in late-stage innovation-driven private equity companies that have the potential to not only disrupt the market but may also improve the productivity in our daily lives. The Fund is a closed-end interval fund that offers individuals, family offices, and institutions an efficient way to invest in private businesses.