Evergreen Funds: The Gateway to Private Markets
Evergreen funds are redefining how private markets operate by shifting from traditional drawdown models to open-ended structures. Driven by the rise of private wealth and demand from high-net-worth and mass-affluent investors, these funds offer continuous entry, lower investment minimums (often as low as $25,000), and periodic liquidity. While they enhance accessibility and allow for immediate capital deployment, they also present unique challenges regarding liquidity management and redemption frameworks during market stress.