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Focus
Our singular focus is to find the best candidate for the opportunity within segments of the financial marketplace that we understand.
Our broad network enables us to execute highly customized, confidential, and comprehensive placements.
Focus
Our singular focus is to find the best candidate for the opportunity within segments of the financial marketplace that we understand.
Our broad network enables us to execute highly customized, confidential, and comprehensive placements.
Secondaries Liquidity
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Oct 24, 20231 min read
BREIT: Third Party Tender Offer
Mackenzie Capital has launched a third party tender offer for Blackstone Real Estate Income Trust #BREIT. BREIT investors who are...
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Oct 11, 20231 min read
KKR Real Estate Select Trust: Gated Again
KKR Real Estate Select Trust falls back into oversubscription with sellers receiving 77% of their requested redemptions. Sign up to...
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Oct 3, 20231 min read
American Healthcare REIT: Third Party Tender Offers
The most recent third party offer for American Healthcare REIT is significantly lower than secondary market prices and well above the...
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Oct 1, 20231 min read
Looking Back: Secondary Market Pricing TTM
Over the past twelve months, non-traded asset prices have generally traded down - with AR Global's Healthcare Trust falling nearly 47% in...
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Sep 30, 20231 min read
Blue Owl Capital Corp II: Liquidity Program Improvements
Blue Owl Capital Corp. II has seen a drop in share repurchase program utilization for the first time in three years. It is also the first...
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Sep 29, 20231 min read
How Traded Market Volatility Can Impact Secondary Pricing
Increased volatility in liquid markets tends to affect secondary market prices before third party tender offer prices, which can produce...
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Aug 10, 20231 min read
Secondary Market Update: Liquidity Provider Diversity
Advisors and investors who are interested in rebalancing their illiquid positions must make an important decision. Should sellers: Use an...
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Aug 8, 20231 min read
Blue Owl: Redemption Program Update
Aside from Blue Owl Capital Corp. II, shareholders' demand for liquidity remains well within Blue Owl Capital's capacity to provide it.
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Aug 7, 20231 min read
Blackstone: Redemption Program Utilization
Shareholder liquidity utilization continues to ebb and flow between Blackstone's mega funds BREIT and BCRED. While BCRED met 100% of...
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Aug 6, 20231 min read
MSC Income: Repurchase Program Update
MSC Income Fund reported results of their most recent share repurchase program. The recent Dutch Auction style repurchase offer has...
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Jun 21, 20231 min read
MSC Income: Secondary Price Discovery
Price discovery is a dynamic process, especially in illiquid markets, and large transactions with narrow bid/ask spreads are rare....
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May 21, 20231 min read
MSC Income Fund Utilizes New Tender Offer Format
MSC Income Fund has launched an innovative Dutch auction style tender offer. Recent transactions suggest that investors who are willing...
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May 11, 20231 min read
Secondary Market Liquidity Provider Diversity
The secondary market for retail alternatives is growing. We are seeing more diversity among liquidity providers and the data shows that...
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May 9, 20231 min read
Interval Fund Utilization Moves Higher
#Intervalfunds are bumping up against monthly and quarterly redemption limits. Net outflows across numerous intervals suggest...
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May 3, 20231 min read
Liquidity Program Utilization Heats Up
Based our our analysis, liquidity program utilization is increasing across a broader set of nontraded funds that are yet to be...
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Apr 19, 20231 min read
KKR Real Estate Select Trust: Oversubscriptions Persist
The KKR Real Estate Select Trust (KREST) remains in the oversubscribed club for the second consecutive quarter. KREST is a tender offer...
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Mar 21, 20231 min read
SmartStop Self Storage REIT: Secondary Market Analysis
SmartStop Self Storage is urging shareholders to reject a recent third party tender offer. Investors who are looking for liquidity would...
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Mar 20, 20232 min read
DI Wire: Cox Capital Partners Provides Direct Secondary Liquidity for Nontraded Alts
Cox Capital Partners, an SEC-registered investment firm based in Philadelphia, PA, is an institutional liquidity solution for illiquid...
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Feb 6, 20231 min read
HMS Income Fund Repurchase Update
HMS Income fund successfully redeemed ~11% of shareholder redemption requests for the third consecutive quarter. This update is a...
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Dec 19, 20221 min read
2022 Wrapped
It’s a wrap! It was a year of record growth for Cox Capital and, in many respects, a record year for the industry. Check out some...
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