{"id":5759,"date":"2026-07-21T13:12:35","date_gmt":"2026-07-21T17:12:35","guid":{"rendered":"https:\/\/investinginalts.com\/?p=5759"},"modified":"2026-09-17T14:42:43","modified_gmt":"2026-09-17T18:42:43","slug":"asset-class-introduction-semi-liquid-evergreen-private-equity","status":"publish","type":"post","link":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/","title":{"rendered":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity"},"content":{"rendered":"<p class=\"wp-block-paragraph\">With more than 99% of the 33 million businesses in the U.S. being privately held, institutional investors have long used private equity (PE) as a means to tap into this vast ecosystem of private companies. The reason is clear: returns from private equity have consistently ranked among the highest of any asset class on a 5-, 10-, 15- and 20-year basis. <\/p>\n<div class=\"wp-block-group key-takeaways\">\n<div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<p class=\"wp-block-paragraph\">Key Takeaways<\/p>\n<ul class=\"wp-block-list\">\n<li>In the last several years, individual investors have increasingly embraced semi-liquid evergreen funds to access alternative investments. A shift can also be seen in the institutional market and with family offices. <\/li>\n<li>With no drawdown period, evergreen funds provide immediate access to a diversified portfolio and may have the ability to provide some liquidity in a traditionally illiquid asset class.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button primary register-now\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/investinginalts.com\/en-gb\/?sdm_process_download=1&amp;download_id=5692\" target=\"_blank\" rel=\"noreferrer noopener\">Download the Paper<\/a><\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">\n","protected":false},"excerpt":{"rendered":"<p>With more than 99% of the 33 million businesses in the U.S. being privately held, institutional investors have long used private equity (PE) as a means to tap into this vast ecosystem of private companies. The reason is clear: returns from private equity have consistently ranked among the highest of any asset class on a 5-, 10-, 15- and 20-year basis. ...<\/p>\n","protected":false},"author":23,"featured_media":5856,"comment_status":"closed","ping_status":"open","sticky":false,"template":"insight-with-three-column-header.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-5759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Asset Class Introduction: Semi-Liquid Evergreen Private Equity - Alternatives Investing Center<\/title>\n<meta name=\"description\" content=\"Asset Class Introduction: Semi-Liquid Evergreen Private Equity. With more than 99% of the 33 million businesses in the U.S. being privately held, institutional investors have long used private equity (PE) as a means to tap into this vast ecosystem of private companies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asset Class Introduction: Semi-Liquid Evergreen Private Equity - Alternatives Investing Center\" \/>\n<meta property=\"og:description\" content=\"Asset Class Introduction: Semi-Liquid Evergreen Private Equity. With more than 99% of the 33 million businesses in the U.S. being privately held, institutional investors have long used private equity (PE) as a means to tap into this vast ecosystem of private companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/\" \/>\n<meta property=\"og:site_name\" content=\"Alternatives Investing Center\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-21T17:12:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-17T18:42:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/investinginalts.com\/wp-content\/uploads\/2024\/11\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"danpicard\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"danpicard\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/\"},\"author\":{\"name\":\"danpicard\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#\\\/schema\\\/person\\\/72be85edeb4e67ce27ae394c79ba2ab7\"},\"headline\":\"Asset Class Introduction: Semi-Liquid Evergreen Private Equity\",\"datePublished\":\"2026-07-21T17:12:35+00:00\",\"dateModified\":\"2026-09-17T18:42:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/\"},\"wordCount\":131,\"publisher\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg\",\"articleSection\":[\"Insights\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/\",\"name\":\"Asset Class Introduction: Semi-Liquid Evergreen Private Equity - Alternatives Investing Center\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg\",\"datePublished\":\"2026-07-21T17:12:35+00:00\",\"dateModified\":\"2026-09-17T18:42:43+00:00\",\"description\":\"Asset Class Introduction: Semi-Liquid Evergreen Private Equity. With more than 99% of the 33 million businesses in the U.S. being privately held, institutional investors have long used private equity (PE) as a means to tap into this vast ecosystem of private companies.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/#primaryimage\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg\",\"contentUrl\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg\",\"width\":1024,\"height\":512},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-semi-liquid-evergreen-private-equity\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asset Class Introduction: Semi-Liquid Evergreen Private Equity\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#website\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/\",\"name\":\"Alternatives Investing Center\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#organization\"},\"alternateName\":\"MSIM Alternatives Investing Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#organization\",\"name\":\"Morgani Stanley Investment Management\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/MSIM-Logo-2.png\",\"contentUrl\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/MSIM-Logo-2.png\",\"width\":614,\"height\":241,\"caption\":\"Morgani Stanley Investment Management\"},\"image\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#\\\/schema\\\/person\\\/72be85edeb4e67ce27ae394c79ba2ab7\",\"name\":\"danpicard\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34b2f59bb57a4b7d6c01df73c7792ab914524ba1744239918e7c88099ecd7a33?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34b2f59bb57a4b7d6c01df73c7792ab914524ba1744239918e7c88099ecd7a33?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/34b2f59bb57a4b7d6c01df73c7792ab914524ba1744239918e7c88099ecd7a33?s=96&d=mm&r=g\",\"caption\":\"danpicard\"},\"description\":\"Head of Alternative Products and Co-Head of Strategy\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity - Alternatives Investing Center","description":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity. With more than 99% of the 33 million businesses in the U.S. being privately held, institutional investors have long used private equity (PE) as a means to tap into this vast ecosystem of private companies.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/","og_locale":"en_GB","og_type":"article","og_title":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity - Alternatives Investing Center","og_description":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity. With more than 99% of the 33 million businesses in the U.S. being privately held, institutional investors have long used private equity (PE) as a means to tap into this vast ecosystem of private companies.","og_url":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/","og_site_name":"Alternatives Investing Center","article_published_time":"2026-07-21T17:12:35+00:00","article_modified_time":"2026-09-17T18:42:43+00:00","og_image":[{"width":1024,"height":512,"url":"https:\/\/investinginalts.com\/wp-content\/uploads\/2024\/11\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg","type":"image\/jpeg"}],"author":"danpicard","twitter_card":"summary_large_image","twitter_misc":{"Written by":"danpicard","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/#article","isPartOf":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/"},"author":{"name":"danpicard","@id":"https:\/\/investinginalts.com\/en-gb\/#\/schema\/person\/72be85edeb4e67ce27ae394c79ba2ab7"},"headline":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity","datePublished":"2026-07-21T17:12:35+00:00","dateModified":"2026-09-17T18:42:43+00:00","mainEntityOfPage":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/"},"wordCount":131,"publisher":{"@id":"https:\/\/investinginalts.com\/en-gb\/#organization"},"image":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/#primaryimage"},"thumbnailUrl":"https:\/\/investinginalts.com\/wp-content\/uploads\/2024\/11\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg","articleSection":["Insights"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/","url":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/","name":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity - Alternatives Investing Center","isPartOf":{"@id":"https:\/\/investinginalts.com\/en-gb\/#website"},"primaryImageOfPage":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/#primaryimage"},"image":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/#primaryimage"},"thumbnailUrl":"https:\/\/investinginalts.com\/wp-content\/uploads\/2024\/11\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg","datePublished":"2026-07-21T17:12:35+00:00","dateModified":"2026-09-17T18:42:43+00:00","description":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity. With more than 99% of the 33 million businesses in the U.S. being privately held, institutional investors have long used private equity (PE) as a means to tap into this vast ecosystem of private companies.","breadcrumb":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/#primaryimage","url":"https:\/\/investinginalts.com\/wp-content\/uploads\/2024\/11\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg","contentUrl":"https:\/\/investinginalts.com\/wp-content\/uploads\/2024\/11\/Asset-Class-Introduction-Semi-Liquid-Evergreen-Private-Equity.jpg","width":1024,"height":512},{"@type":"BreadcrumbList","@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-semi-liquid-evergreen-private-equity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/investinginalts.com\/en-gb\/"},{"@type":"ListItem","position":2,"name":"Asset Class Introduction: Semi-Liquid Evergreen Private Equity"}]},{"@type":"WebSite","@id":"https:\/\/investinginalts.com\/en-gb\/#website","url":"https:\/\/investinginalts.com\/en-gb\/","name":"Alternatives Investing Center","description":"","publisher":{"@id":"https:\/\/investinginalts.com\/en-gb\/#organization"},"alternateName":"MSIM Alternatives Investing Center","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/investinginalts.com\/en-gb\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/investinginalts.com\/en-gb\/#organization","name":"Morgani Stanley Investment Management","url":"https:\/\/investinginalts.com\/en-gb\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/investinginalts.com\/en-gb\/#\/schema\/logo\/image\/","url":"https:\/\/investinginalts.com\/wp-content\/uploads\/2025\/06\/MSIM-Logo-2.png","contentUrl":"https:\/\/investinginalts.com\/wp-content\/uploads\/2025\/06\/MSIM-Logo-2.png","width":614,"height":241,"caption":"Morgani Stanley Investment Management"},"image":{"@id":"https:\/\/investinginalts.com\/en-gb\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/investinginalts.com\/en-gb\/#\/schema\/person\/72be85edeb4e67ce27ae394c79ba2ab7","name":"danpicard","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/34b2f59bb57a4b7d6c01df73c7792ab914524ba1744239918e7c88099ecd7a33?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/34b2f59bb57a4b7d6c01df73c7792ab914524ba1744239918e7c88099ecd7a33?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34b2f59bb57a4b7d6c01df73c7792ab914524ba1744239918e7c88099ecd7a33?s=96&d=mm&r=g","caption":"danpicard"},"description":"Head of Alternative Products and Co-Head of Strategy"}]}},"_links":{"self":[{"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/posts\/5759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/comments?post=5759"}],"version-history":[{"count":2,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/posts\/5759\/revisions"}],"predecessor-version":[{"id":6187,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/posts\/5759\/revisions\/6187"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/media\/5856"}],"wp:attachment":[{"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/media?parent=5759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/categories?post=5759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/tags?post=5759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}