Shrewsbury, New Jersey, January 10, 2025 – Robert A. Stanger & Company, Inc., a nationally recognized leader in non-listed alternative investment products, has published its Q4 2024 edition of The Stanger Interval Fund Report, complete with individual performance data, in-depth company profiles, and comprehensive insights on 120 closed-end interval funds.
Interval funds had a combined aggregate net asset value of $97.5 billion as of Q4 2024, an increase of 4.4% from the prior quarter and 32.8% year-over-year. In Q4 2024, eight new funds became effective and twelve more filed new registration statements, bringing the total number of pending registrations to forty-one.
According to Kevin T. Gannon, Chairman and CEO of Stanger, "Funds focused on credit investments continue to capture investor demand in a meaningful way, having attracted nearly 82% of total gross sales year-to-date through November. This dominance is largely driven by the continued success of Cliffwater-sponsored interval funds and their 41% market share of the $26.7 billion in gross fundraising. Interval funds have raised nearly five times the capital of non-traded REITs and 83% of BDCs year-to-date through November, reflecting their growing role in portfolio diversification strategies. With net sales totaling $17.2 billion after a normalization of redemption levels, there are signals of stabilization in investor behaviors as we approach year-end. Notably, numerous funds paid enhanced Q4 distributions as a year-end true-up, delivering incremental value to investors and reinforcing confidence in the strength of income-generating strategies.”
In Q4 2024, Ark Venture Fund stood out as the top performer among interval funds, achieving total returns of 9.9% over 3 months. Stone Trust II once again topped the 6-month return chart with returns of 16.8% and regained its place atop the 12-month return ranking with 33.1% after finishing second in Q3.
To request a copy of The Stanger Interval Fund Report or for further information on all available Stanger Publications, please contact:
Gregory R. DiSalvo
732.389.3600
gdisalvo@rastanger.com
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About Robert A. Stanger & Co., Inc.
Robert A. Stanger & Co., Inc., founded in 1978, is a nationally recognized investment banking firm specializing in providing investment banking, financial advisory, fairness opinion and asset and securities valuation services to partnerships, real estate investment trusts and real estate advisory and management companies in support of strategic planning, capital formation and financings, mergers, acquisitions, reorganizations, and consolidations.
Stanger is also well known for its flagship publication, The Stanger Report, a nationally recognized comprehensive report focused on non-traded REIT and BDC investing, including aggregate market statistics, total returns by company and total return indices, fee structure comparisons, and profiles of current offerings; The Stanger Market Pulse, focused on public non-traded REIT, non-traded BDC and other alternative investment fundraising; The Stanger Chairman’s Report, focused on NAV REIT and non-traded BDC sales and redemptions; The Stanger Interval Fund Report, focused on non-traded interval fund investing, and The Stanger Digest, a newsletter providing a weekly update on industry activities.
Stanger also recently launched Stanger Privates, a quarterly publication focused on Private Placement REITs and BDCs which is available exclusively to Stanger Institutional Access subscribers.
For More Information:
Kevin T. Gannon | Chairman & CEO | (732) 389-3600
Robert A. Stanger & Co., Inc.
1129 Broad Street, Suite 201
Shrewsbury, NJ 07702
www.rastanger.com
Member: SIPC
