Interval funds reached an aggregate net asset value of $107.7 billion in first quarter 2025, according to data from Robert A. Stanger and Company. Since fourth quarter 2024, this marks a 10.5 percent in net asset value as well as a 37.8 percent increase, year-over-year.
“Interval funds have kicked off 2025 with strong momentum, raising $6.3 billion through February and attracting nearly $32 billion of investor capital over the trailing 12 months — a 46.3 percent increase from the same period last year,” said Kevin Gannon, chairman and CEO of Robert A. Stanger, in a statement.
Interval funds also saw nine new funds going into effect in the first quarter, as well as 13 funds filing new registration statements. Effective interval funds amount to 129, an increase from 98 in first quarter 2024. Interval funds are expected to raise $37 billion in 2025, according to Gannon.
Key performers in first quarter 2025 included Bow River Capital Evergreen Fund, with 4.7 p
