Investment vehicles and structures

Evergreen / Open-ended Fund

An evergreen, or open-ended, fund is a fund without a fixed wind-down date that may accept new capital over time. Some offer periodic redemption opportunities, but notice periods, gates, suspensions, and the liquidity of the underlying assets can limit withdrawals.

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Knowing the language helps you follow the conversation. Knowing what to ask is how you participate in it.

Understanding the terms is a first step. The Aligned Capital Program uses them to teach you how to evaluate a fund and prepare the questions to ask its manager.

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