Cox Capital To Expand Liquidity Solutions for Retail Investors in Private Markets
The liquidity solutions provider for alternative investments prepares to launch tender offers for interval funds in the coming months and affirms its ongoing program for non-traded BDCs.
PHILADELPHIA, August 20, 2026--Cox Capital Partners, LP ("Cox Capital"), a provider of liquidity solutions for retail holders of illiquid alternative investments, today announced plans to expand its existing tender offer program for non‑traded business development companies (BDCs) into the rapidly growing interval fund market. The move affirms the company's role as a provider of liquidity solutions across the private markets landscape for the wealth advisory channel.
Over the past six years, Cox Capital has built a platform for sourcing and executing secondary liquidity transactions for retail investors in non‑traded BDCs and other illiquid vehicles, working with financial advisors and intermediaries across independent broker‑dealers, RIAs, and major wirehouses.
Cox Capital today announced plans to expand that platform to interval funds, whose growth has given retail investors access to private credit, private equity, and other alternative assets with limited liquidity. Subject to market conditions and regulatory requirements, an affiliate of Cox Capital intends to launch formal offers for at least three interval funds managed by three separate sponsors following upcoming fund repurchase periods.
The expansion reflects the structural need for secondary liquidity solutions as private credit, real estate, infrastructure, and other alternative strategies attract a broader base of individual investors.
"Our mission is to bring to the retail market what institutional investors have long been able to count on: an accessible and durable secondary source of liquidity for illiquid alternatives exposure," said John Cox, founder and CEO of Cox Capital. "Liquidity is not simply a safeguard for volatile markets. It can give advisors greater confidence to allocate client capital to long-term investments."
"Institutional investors have long relied on active secondary markets to manage their exposure," Cox noted. "We believe individual investors should have access to the same type of liquidity solutions. In our view, private markets may face challenges reaching their full potential in the wealth channel without reliable liquidity options in place."
He added that certain sponsors have recognized the benefit of having an off‑exchange tender mechanism that can support confidence in evergreen structures without undermining primary fundraising efforts.