Private Equity

Semi-liquids

The next evolution of semi-liquid structures

The new generation of evergreen vehicles will be engineered around the asset, not just the type of investor.

5 min read · 06 May 2026

Secondaries 'increasingly important' to evergreens due to private wealth uptick

Secondaries account for an average of 13% of private wealth client portfolios, according to a report from Hamilton Lane.

2 min read · 06 May 2026

Lessons to be learned from the credit evergreen redemption rush

The recent redemption rush in credit evergreens underscores that the democratisation of private markets still requires careful calibration.

7 min read · 06 May 2026

Ardian on how private markets can benefit all investors

Embracing private wealth solutions can help longstanding institutional LPs as well as smaller private wealth investors, says Erwan Paugam, senior managing director and head of private wealth solutions at Ardian.

5 min read · 01 May 2026

Side Letter: Lazard's CL coup

Lazard and Campbell Lutyens join forces; CVC sees 'minimal redemptions' in its evergreen suite; fresh data exposes the software slowdown.

4 min read · 30 April 2026

Side Letter: Growing pains

In today's edition, A 'democratisation' expert says GPs will only get one chance to deliver; Blackstone reckons evergreen 'tests' are helpful for the industry; New Mountain wants to deepen its Korea ties.

7 min read · 27 April 2026

Aussie wealth manager warns PE evergreens have overpromised on liquidity

Gavin Ezekowitz, CIO at BFA Global Investors, says the industry must do a better job of managing liquidity events in unlisted funds.

3 min read · 22 April 2026

Side Letter: Secondaries sentiment

In today's edition, Secondaries is on the up, though friction points remain; What's driving evergreen outperformance; Defence sees a deal deluge.

4 min read · 21 April 2026

JPMorgan AM: ‘Window dressing’ will drive evergreen rationalisation

Some evergreens enjoy short-term performance boosts from secondaries mark-ups, JPMorgan Asset Management portfolio manager Brian Lam tells Private Equity International.

4 min read · 09 April 2026

Getting individual investors in on the GP stakes action

Cash income, J-curve mitigation and diversification make GP stakes an attractive option for private wealth and retail investors. But a lack of liquidity could be a problem.

7 min read · 07 April 2026

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