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Stock impact report

Axxes Capital Launches Interval Fund to Provide Accredited Investors Access to the Private Equity Asset Class

GCM Grosvenor Inc. - Class A (GCMG) 
Company Research Source: GlobeNewswire
CORAL GABLES, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Axxes Capital Inc. (together with its affiliates, “Axxes”), a private markets investment firm dedicated to providing wealth advisors and their clients access to private markets solutions, today announced that it has launched the Axxes Private Markets Fund (the “Fund”), a registered interval fund that seeks to provide accredited investors with a portfolio of direct access co-investments and secondaries through an investor-friendly vehicle that can be purchased on a daily basis. The Axxes Private Markets Fund aims to leverage the expertise of two established institutional asset managers, GCM Grosvenor (“GCM”) and Fisher Lynch Capital (“FLC”), to identify and comprehensively evaluate investment opportunities. Their extensive GP sponsor relationships will help ensure that the Fund will have consistent access to high-quality private equity investments. Axxes, through its experienced investment team, will seek to build a portfolio of Show less Read more
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