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      Paying it Forward: A Fidelity CIO’s Journey to Purposeful Philanthropy
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      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums
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      Kristin Agatone, Chief Investment Officer, Lehigh University
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      Expert Perspectives: C-Suite Insights from II’s Exclusive Forums
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      Why Small-Caps Could Outperform in the Next Economic Cycle

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      While Inflation Grabs Headlines, Employment Numbers Drive Market Moves

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      Robeco Fundamental Equities: High-conviction Strategies to Target Alpha

      Robeco Fundamental Equities: High-conviction Strategies to Target Alpha
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      Trump 2.0 and the Markets

      Trump 2.0 and the Markets
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  • About Us
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Alicia McElhaney
Evergreen Funds Are Changing How Allocators Invest
Why sell a portfolio company when you could own it forever?
Alicia McElhaney June 25, 2021
Illustration by II

Illustration by II

Private equity firms first pitched permanent capital funds as a way to hold on to great companies (almost) forever. Allocators viewed them as a way to get better alignment with general partners, the holy grail of private markets investing. Even though asset owners have increasingly invested

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