•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Matthias Knab, Opalesque for New Managers:

Private Markets Evergreen Funds: What Investors Need to Know Before They Dive In

The democratization of private markets is well underway. Structural barriers that have historically kept individual investors out of high-quality private investment opportunities - legal constraints, high minimums, capital call complexity - are falling fast. Legislative changes, sophisticated advisor platforms, and a wave of new fund offerings from experienced managers have dramatically expanded access. But democratization is not the same as commoditization, and a new white paper from Chicago-based Fairway Capital Management offers a candid, insider assessment of the opportunities and pitfalls now facing individual investors in private markets.

The case for private markets exposure is structural and compelling. In the US, there are approximately 8 million private companies versus roughly 4,000 publicly traded ones - and the number of listed companies has been in steady decline since peaking at over 6,700 in 1997. More striking still, 87% of US companies with more than $100 million in annual revenue are private. Investors limited to public markets are, by definition, excluded from a major and growing portion of the investable universe.

Companies are also staying private for l......................

To view our full article Click here