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By Muhammad Salman FAROOQUI, EY Luxembourg Assurance Partner, Francis GODDARD, EY Luxembourg Financial Accounting Advisory Services Partner Gvantsa TSUTSKIRIDZE, EY Luxembourg Assurance Senior Manager
Private markets are embracing evergreen structures, but the reality is more nuanced: liquidity management, evolving regulatory expectations, and model-driven valuations require careful fund design.
A structural shift in access
Private markets are undergoing a structural transition. Long dominated by closed ended vehicles tailored to institutional investors willing to lock up capital for extended periods...
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