Semi-liquids

Such models could provide individuals with exposure to private credit, private equity and real estate through a single investment, head of global wealth Shane Clifford tells PEI.

Open-ended funds are drawing in a growing amount of investor capital for their blend of liquidity and investment exposure.

The evergreen structure reduces inefficiencies for institutional LPs and can even help mitigate the denominator effect, according to speakers at PEI Group’s Investor Relations Network New York Forum.

As the universe of evergreen products continues to expand, this handy chart details their key traits and differences.

Global CIO William Chan tells PEI how the $130bn insurer picks GPs, its selection criteria for continuation vehicles and why it is wary of semi-liquid funds.

In this video, global head of private wealth solutions Joan Solotar discusses the firm's growing list of funds offered to private wealth investors and where she sees opportunities.

The accuracy and frequency of private equity asset pricing is becoming a bigger issue for investors.

Fee compression will be inevitable as the evergreen market expands, according to Drew Schardt, the firm's vice-chairman and head of investment strategy.

Richard Hope, co-head of investments at Hamilton Lane, discusses the cash drag issue that evergreen funds face and why semi-liquids aren't appropriate for every GP, in this episode of PEI's Spotlight podcast.

Liquidity management is 'more complex than it seems' for products targeting the wealth channel, according to the firm's global head of private wealth solutions.