Harrison Street Interval Fund Auction Clears 91% of Shares
LODAS Markets and Nasdaq Fund Secondaries completed their first interval fund auction, selling 91% of offered Harrison Street real estate shares.
LODAS Markets and Nasdaq Private Market's Nasdaq Fund Secondaries platform have completed their inaugural interval fund auction, successfully placing 91% of shares offered in the Harrison Street Real Estate Fund (VCMIX) with secondary market buyers, the companies announced October 2, 2026.
The milestone auction was conducted in partnership with Harrison Street Private Wealth and marks a notable step toward creating more functional liquidity options for investors holding interval fund positions — a category of alternative investment that typically limits redemptions to set quarterly windows.
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Following the completion of the VCMIX auction, a second offering involving the Harrison Street Real Assets Fund (VCRRX) was expected to launch the same day, signaling that the two platforms intend to expand the auction model across multiple Harrison Street vehicles.
The collaboration between LODAS Markets, based in Mission, Kansas, and Nasdaq Fund Secondaries reflects a broader industry push to bring structured secondary trading mechanisms to non-traded and semi-liquid fund structures, giving retail and private wealth investors an alternative exit path outside of sponsor-managed repurchase programs.
Continue reading at Real Estate for the full announcement and additional details on upcoming auction timelines.
