Private Equity Wire has published a report titled “Platform for Democratisation: the evolving economics of semi-liquid funds” that examines the convergence of investor types and experiences across private and public markets, according to Private Equity Wire.
The report frames its focus around the question of how far propositions from private and public markets can be mirrored as their investor bases converge, according to Private Equity Wire.
Convergence of private and public investor bases
The report states that the investor base of private and public markets is converging, according to Private Equity Wire.
It asks “to what extent can the propositions be mirrored” as that convergence progresses, according to Private Equity Wire.
Semi-liquid structures and daily pricing
Private Equity Wire’s report covers semi-liquid funds that feature daily pricing, according to Private Equity Wire.
The report positions these semi-liquid vehicles within a broader set of changes associated with the convergence of investor types and experiences, according to Private Equity Wire.
Multi-asset offerings
The report also examines multi-asset offerings, according to Private Equity Wire.
These multi-asset offerings are discussed in the context of how managers are coping with the growing convergence of investor types and experiences, according to Private Equity Wire.
Platformisation from front end to back office
Private Equity Wire’s report examines the “platformisation of private markets from the front end to the back office,” according to Private Equity Wire.
The report describes this platformisation as part of how managers are coping with the growing convergence of investor types and experiences, according to Private Equity Wire.
Widely known context: “semi-liquid” is commonly used in markets to describe funds that provide periodic liquidity while holding less-liquid underlying assets.
Widely known context: “daily pricing” generally refers to a fund calculating and publishing a daily net asset value.