Accessing private markets: Evergreen and drawdown funds

Investment opportunities in private markets are increasingly accessible to individual investors, thanks to product innovations and institutional managers offering options beyond traditional family offices. The introduction of evergreen funds provides greater flexibility, allowing investors to craft diverse portfolios with ease. Advisors must carefully consider the most suitable investment vehicles—be it evergreen or drawdown funds—to align with their clients’ goals.

High-net-worth families often benefit from using both structures, as they cater to different accreditation requirements and operational needs. For advisors, evergreen funds present an efficient option due to lower minimums and reduced administrative burdens compared to managing capital calls in drawdown funds.

Overall, a strategic mix of both fund types can offer robust exposure while addressing varied liquidity needs and time horizons. As private market access evolves, these flexible solutions empower advisors and investors alike in optimizing their portfolios for future growth.