Morningstar

Semiliquid Funds

Persistence of Performance in Private Equity

Reputational advantages give some venture capital firms an edge.

Larry Swedroe May 7, 2025

Introducing the Morningstar Medalist Rating Methodology for Semiliquid Funds

Interval funds can provide access to private investments and are due for diligence.

Karen Zaya, Ph.D. May 6, 2025

Private Equity Still Presents Attractive Opportunities for Investors

A confluence of factors supports private equity.

Larry Swedroe May 1, 2025

How Cliffwater Interval Funds Led a Private Wealth Fundraising Bonanza

A strategy to go all in on advisors helped Cliffwater build the largest interval fund.

Alexander Davis Apr 25, 2025

Liquidity Risks of Real Estate Interval Funds

How interval and tender-offer funds provide a liquidity transformation service.

Larry Swedroe Apr 17, 2025

It’s Getting Easier to Invest in Private Assets. What Does That Mean for Investors?

Private equity and private credit come with their own set of risks.

Jack Shannon and Margaret Giles Jan 10, 2025

The Benefits of Evergreen Interval Funds

Structure provides the liquidity that private vehicles lack.

Larry Swedroe Dec 26, 2024

Ask Your Advisor These Questions Before Investing in Private Credit

What is private credit, why your advisor may be telling you about it, and the pros and cons.

Jason Kephart and Susan Dziubinski Nov 13, 2024

Investors First: The Convergence of Public and Private Markets

Morningstar CEO Kunal Kapoor and others discuss the surge in private-market interest, the growth of interval funds, and the potential challenges and benefits for investors.

Kunal Kapoor, CFA, Nizar Tarhuni, and Brian Moriarty Sep 20, 2024

Morningstar Investment Conference 2024: From AI Investing to Annuities

MIC delivered expert insights and strategies for advisors and investors.

Laura Lallos Jun 28, 2024

Interval Funds: Are They Worth What You Give Up?

Investors can access strategies that would otherwise be out of reach, such as private credit.

Brian Moriarty Jun 24, 2024

ARK Invest Turns to an Innovative Fund Structure

After putting active ETFs on the map, Cathie Wood's firm looks toward interval funds.

Bobby Blue Feb 18, 2022

Interval Funds: A Dissenting Opinion

A reader disputes Wednesday’s column.

John Rekenthaler Aug 24, 2018

Do Interval Funds Have a Future?

If so, some things need to change.

John Rekenthaler Aug 22, 2018

Are Interval Funds the Next Big Thing?

Close cousins of CEFs, interval funds offer a unique set of pros and cons.

Cara Esser and Brian Moriarty Mar 20, 2017

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