Semiliquid Funds
Featured
Why Wellington and Capital Group’s New Private Market Funds Are Much More Expensive Than They Look
New Enhancements for Morningstar’s Semiliquid Fund Medalist Ratings Are Live
Debunking 8 Myths About Private Credit and Semiliquid Funds
Your Nontraded REIT Pays You Regularly, but Is Your Money Trapped?
More on Semiliquid Funds
The SEC Is Proposing Big Changes To Funds. Who Benefits?
The regulator proposes to loosen some of the rules around performance-based fees and interval-fund liquidity.
ARK Venture Adds an Exit Door. Will Anyone Be on the Other Side?
A new tokenized share class allows shareholders to sell outside the fund’s quarterly windows, but the fund’s fees and private-company valuations stay the same.
Demystifying Semiliquid Fund Fees
Morningstar’s new cost estimates standardize semiliquid fund fees, making apples-to-apples comparisons possible.
A Growing Risk in Private Credit and How to Assess It
What private credit fund investors should know about payment-in-kind.
Direct Real Estate Funds Are Making a Comeback
Improving performance and attractive tax benefits have the asset class on the upswing, but some funds are still challenged by liquidity issues.
A Novel Exit Strategy Emerges for Besieged Interval Funds
Going once, going twice, sold! The first interval fund auction is set to kick off on Aug. 28.
Why Just 1 of 8 Recently Rated Semiliquid Funds Earned a Bronze Rating
Carlyle AlpInvest Private Markets earned a Bronze rating in Q2. High fees and unproven strategies held the others back.
Think You Might Not Pay That Incentive Fee? You Will
Beneath the surface of the semiliquids market, fees are high, and most of the funds aren’t as compelling as investors expected.
Brian Moriarty and Jack Shannon: Putting Private Markets Funds Through Their Paces
Morningstar’s Manager Research team has cast its gaze on a newer class of funds that aims to widen investors’ access to private markets. We discuss the process the team plies in doing its due diligence on these funds, their prospective risks and rewards, and the overarching objective of the team’s research—sending clear and actionable signals to investors.
Semiliquid Funds: The Redemptions Made Headlines. These Are the Numbers That Matter Now
As the semiliquid market approaches $600 billion in assets, understanding how funds handle liquidity, fees, and risk may be more important than ever.
How to Incorporate Semiliquid Funds Into a Portfolio
How investors can set realistic expectations, choose the right vehicle, and size allocations with care.
2 Private Credit Funds Topped Our Semiliquid Fund Ratings in Q1
Blackstone and Apollo offerings earned high marks in Morningstar’s latest batch of semiliquid fund ratings.
Semiliquid Private Equity Funds Have a Math Problem
High fees and high cash are a compound drag on returns.
Morningstar’s Guide to Semiliquid Funds
If you want to invest in these high-potential vehicles but are worried about your liquidity, here’s what to know.
Why the Semiliquid Fund Liquidity Crunch Was Inevitable
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