Which interval fund that launched in April of 2020 waived its management fee for the first 12 months of its effectiveness, without the eligibility of recoupment of these fees from the Adviser?
Answer: CIM Real Assets & Credit Fund launched in April of 2020. The Fund’s Adviser permanently waived its right to receive any management fees through April 31, 2021. These waived management fees are not eligible for recoupment by the Adviser.
