How to Use Semiliquid Funds in Your Portfolio
Considerations for investors using less-liquid offerings that invest in private assets.
Semiliquid Funds
More on Semiliquid Funds
Investors Flock to Semiliquid Funds for Income
Private credit’s golden age continues.
Investors First: Inside Morningstar’s Semiliquid Fund Ratings
With growing investor interest in private assets and alternative investment strategies, Morningstar’s CEO discusses the firm’s new Medalist Rating for semiliquid funds.
On Second Thought: The Alternate Reality of Secondary Funds’ Returns
The early returns of secondary funds are a poor benchmark for investors.
2 Funds Star in Debut of Morningstar Medalist Ratings for Semiliquid Funds
How the funds stacked up, and what set Pimco apart.
How to Evaluate Semiliquid Fund Performance
Investors need to be compensated for limited liquidity.
5 Things You Need to Know About Interval Fund Fees
A cheat sheet for how to assess fees you can see and those you can’t.
How Investment Process Factors Into the Success of Semiliquid Funds
Hint: It’s mostly about liquidity.
What’s Behind Our People Rating for Semiliquid Funds
Here’s how we assess the human factor in private markets.
Funds of Private Funds for the Masses? What Investors Need to Know About the SEC’s Latest Guidance
The SEC relaxed limits on private fund exposure for closed-end funds. Here’s what that means for your portfolio.
Semiliquid Funds Are Coming for Your Portfolio. Are You Ready for Them?
What investors need to know about interval funds, tender offers, BDCs, and other vehicles for gaining exposure to private assets.
How Semiliquid Funds Became the Preferred Vehicle for Private Assets
The evolution of interval and tender-offer funds.
Cliffwater’s Huber: Why Advisors Are Finally Coming Around to Private Markets
A wealth management expert on the investment thesis for interval funds and why private market fund fees are so high.
Tariffs and Dollar Weakness Tested US Resilience
Six charts on the markets and economy in Q2 2025.
These 10 Firms Are Making Semiliquid Funds a Big Deal
And household names like Vanguard and Capital Group are eager to join the party.
Courting the Wealth Channel, Venture Capital Struggles as Other Private Funds Soar
Semiliquid funds covering private credit, real estate, and infrastructure attract high-net-worth investors.
Slow Way Out: When Semiliquid Fund Exits Get Too Crowded
What investors can learn from Blackstone Private Real Estate Income Trust’s liquidity crunch.
A Closer Look at Semiliquid Funds
Credit might be king, but costs are the queen.
Morningstar Medalist Rating for Semiliquid Funds: A New Framework for a Converging Market
As public and private markets increasingly overlap, semiliquid funds are gaining a lot of attention as access points to private markets.
The Unappreciated Costs and Risks of Interval Funds
The dark side of incentives.
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