The Quiet Comeback of Evergreen Funds The Financial Times recently reported that large institutions are starting to invest in the private market funds built by Blackstone and KKR.
This development is significant not because it represents a seismic shift in investor behavior but because it underscores a trend: institutions are increasingly willing to experiment with new, more flexible investment structures.
Evergreen funds offer investors access to capital at set intervals rather than locking it up for the decade long life of traditional private equity funds.