Evergreen Funds
topic on 1 show · 3 statements across 2 episodes
3 statements about Evergreen Funds, every show
Return dilution in evergreen funds ranges from 200 to 500 basis points
“Return dilution is anywhere from two to 500 basis points.”
Most private market evergreen managers hold 15% to 25% in liquid securities
“Most of these fund managers in the private market evergreen space, there's still less than 500 of them that exist today. Hold anywhere between 15 to 25% in liquid securities, and they do charge higher fees.”
Only roughly 200 evergreen funds existed in the US in late 2024
“Goldman had a report on evergreens in the fall of twenty-twenty-four, and there's really only in the U.S. At the time, there's like 200 evergreen funds. So there's not a lot of choices relative to the thousands of closed-end funds that people can invest in.”