Interval Fund and Closed End Funds Reported Capital Raise
January 27, 2022 | James Sprow | Blue Vault
Sales by eleven Interval Funds and Closed End Funds that reported to Blue Vault for December 2021 increased 25.3%, from $510.7 million in November to $639.8 million for December. Among the reporting funds, the highest December sales were by Bluerock Total Income+ Real Estate Fund with $242.8 million, up 29.0% from $188.2 million in November. Next was Griffin Institutional Access Real Estate Fund at $163.4 million, up 40.5% from $116.3 million in November.
Since January 2021, sales by reporting Interval Funds and Closed End Funds are up 223% from $198.4 million in January to December’s $639.8 million. The largest increase over the year was by Bluerock Total Income+ Real Estate Fund that had sales of $242.8 million in December compared to just $47.1 million in January, an increase of 416%. Next was Griffin Institutional Access Real Estate Fund which increased sales from $38.2 million in January to $163.4 million in December, an increase of 328%. None of the eleven funds taken individually had a decrease in sales over the course of the year.
Source: Blue Vault
