In this article featured in Private Equity International (PEI), Northleaf's Nadim Vasanji writes about how a focus on secondaries can deliver strong advantages for new open-end private equity funds.
Open-end or evergreen, private equity funds provide investors with several advantages relative to traditional, closed-end structures.
Among these features are enabling investors to quickly ramp up exposure to a private company investment portfolio, diversified across sectors and vintage years, as well as the flexibility to adjust their allocation on a more frequent basis in response to changing portfolio needs.
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