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Evergreen Funds: Liquidity Premium or Liquidity Illusion?

What semi-liquid private market structures actually deliver.

13 min read22 July 2026

Evergreen and semi-liquid private market structures have grown rapidly as managers extend private markets access to a broader investor base. The question is not whether the underlying assets are attractive. It is whether the structure delivers what it promises.

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Private MarketsFund StructuresDue Diligence