EvergreenLink

Evergreen credit funds are offering institutional investors more flexible redemption options than traditional closed-ended funds. This article covers a range of models, from NAV-based redemptions with liquidity safeguards to run-off share classes and vintage structures, all designed to address investor requirements for liquidity and capital stability. Harriet Miller, Lora Froud, Stephen Ross, Joshua Oyedele, and Tiffany Cox | Macfarlanes https://lnkd.in/e7rm-2Rs #Evergreens Evergreens insights straight to your email: https://lnkd.in/e2THdgfW

Finnish fund management boutique Titanium has launched a new evergreen private equity fund, expanding its offerings in the private assets space. The fund has already selected three underlying funds and is actively seeking additional targets, with Kenneth Barner-Rasmussen leading these efforts. Reeta Ilona Paakkinen | AMWatch https://lnkd.in/djU6rX9c #Evergreens Evergreens insights straight to your email: https://lnkd.in/e2THdgfW

‘40 Act Evergreen Funds: The Best of Both Worlds Pantheon’s latest report (link in comments) highlights one of the most notable features of semi-liquid vehicles: “These funds seem not only to provide an opportunity to access the usually hard-to-reach asset classes of private equity, private credit, and infrastructure, but also promise periodic (usually quarterly) redemption opportunities.” The ability to access private markets with more liquidity than traditional closed-end funds is attracting attention—especially at a time when traditional exit routes are particularly constrained. But there are concerns: 👉 How liquid is “semi-liquid”? 👉 Which funds are nearing their quarterly repurchase limits? 👉 How do redemption terms differ by fund? 👉 Do certain strategies (like secondaries :) make liquidity easier to deliver? At SecondaryLink, we’re helping investors answer these questions by tracking the quarterly/cumulative Redemptions AND Redemption Rates of all semi-liquid ’40 Act funds. Want to compare liquidity across all funds this quarter? Or track the redemptions of any individual fund since inception (see below)? DM me. 📩

Schroders Capital has shifted its strategy, transforming its Semi-Liquid Circular Economy Private Plus fund into the Global Private Equity Eltif as fundraising challenges grew for impact-focused strategies. The original fund, which aimed to invest heavily in sustainable assets, struggled to scale since its 2022 launch. Selin Bucak | Citywire https://lnkd.in/eUbfCTnm #Evergreens #ELTIF Evergreens insights straight to your email: https://lnkd.in/e2THdgfW

Aegon Asset Management is launching a private credit LTAF for its £14bn Universal Balanced Collection pension fund, at a time when the asset class is facing challenges due to the collapse of First Brands and its impact on firms like UBS and Jefferies. George Arian Nijborg from Aegon Asset Management assures that the fund is well diversified to help manage these risks. John Schaffer | Citywire https://lnkd.in/emTtbmZT #Evergreens #LTAF Evergreens insights straight to your email: https://lnkd.in/e2THdgfW

The SecLink Secondaries Evergreen Benchmark posted an impressive 12.3% one-year return as of June 2025, outpacing broader private equity and debt benchmarks. Hamilton Lane, StepStone Group, The Carlyle Group, Ares Management, Pomona Capital, Pantheon, Coller Capital, Apollo Global Management, Inc., and CAZ Investments all feature among the top-performing funds, with several recent-vintage vehicles reporting standout early results. Aditi Yagnik | SecondaryLink https://lnkd.in/esbKMnHT #Evergreens Evergreens insights straight to your email: https://lnkd.in/e2THdgfW

Pantheon explores the rise of GP-led secondaries, highlighting how they're transforming private markets portfolio management. The report outlines the benefits and cautions of this evolving investment tool for wealth managers, emphasizing the need for selectivity and due diligence. #Evergreens Evergreens insights straight to your email: https://lnkd.in/e2THdgfW

Pantheon explores the complexities of semi-liquid funds in private markets, highlighting the roles of secondaries in enhancing fund liquidity and enabling more flexible redemption options for investors. Victor Mayer outlines how portfolio composition—particularly the inclusion of secondaries—significantly influences actual liquidity, rather than just the appearance of it. #Evergreens Evergreens insights straight to your email: https://lnkd.in/e2THdgfW

Valvest Advisors AG has launched the Valvest Income Evergreen fund, a Luxembourg-domiciled strategy targeting European institutional investors interested in commercial real estate debt. https://lnkd.in/gxs4XYNP #Evergreens Evergreens insights straight to your email: https://lnkd.in/e2THdgfW