Evergreen

This analyst note applies desmoothing techniques to evergreen fund indexes to help allocators better interpret volatility and risk in evergreen funds across private capital strategies.

Analysts explain redemptions are not a sign of distress; they are the product working as intended.

Its limit on redemptions from a $8.6B fund suggests the problems faced by evergreen credit funds are now affecting PE.

The 2030 Private Market Horizons report presents data-driven forecasts of global private capital AUM across drawdown and evergreen funds.

Shares in Bill Ackman’s new $5B investment vehicle dropped 18.2%, highlighting a common mismatch between the asset value of such vehicles and their market price.

The Q1 2026 US Evergreen Fund Landscape report covers the rapid rise of evergreen funds, providing data and insights on assets, flows, returns, and more.

Retail investors should have access to private markets, but the path to entry matters.

This analyst note examines liquidity management in interval funds, highlighting how these funds meet redemption needs, where risks can emerge, and why clearer liquidity disclosure matters for investors.

This analyst note examines how evergreen funds differ from drawdown vehicles and why investors must rethink due diligence, valuation, fees, liquidity, and performance comparisons.

The Q4 2025 US Evergreen Fund Landscape report covers the rapid rise of evergreen funds, providing data and insights on assets, flows, returns, and more.

A conversation with the firm’s co-founder and newly hired head of retirement alternatives on the unknowns of bringing private funds into defined contribution plans.

The launch of the Morgan Stanley Private Markets ELTIF marks the latest move by a major asset manager to tap retail demand for private market exposure following new EU rules.

This analyst note introduces the Morningstar PitchBook US Evergreen Fund Indexes, an index family providing the first comprehensive benchmark framework for nontraded, evergreen private market funds.

The New York-based asset manager is fundraising for its latest secondary vehicle.

Secondary buyers backed by private wealth capital are usually generous bidders, which spurred more dealmaking but also pushed out some GPs representing traditional funds.

This analyst note explores the history and recent rise of crossover funds: funds investing in both public and private markets.

This analyst note introduces initial versions of evergreen indexes to evaluate the aggregate performance of funds across strategies and provide benchmarks.

The 2029 Private Market Horizons report presents data-driven forecasts of global private capital AUM across drawdown and evergreen funds.