“In the next three to five years, private banks and wealth managers expect that allocations to evergreen funds could reach up to 90% of total private asset investments,” he says. “The catalyst is that these funds remove barriers to entry like high minimum commitments and long lock-up periods, that historically made these investments hard to access.”Across Europe, the rise of evergreen and semi-liquid fund structures is transforming how wealth managers approach alternative assets. Menard notes that this tren ...