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Private Liquidity, Public Assumptions: Rethinking Perpetual Vehicles

Perpetual private equity vehicles are gaining traction, but what exactly are investors signing up for?

In this episode of The Wealth Enterprise Briefing, Michael Zeuner, managing partner, and Deputy CIO Matt Farrell explore the growing use of semi-liquid structures in private markets. These vehicles offer the promise of periodic liquidity without the long lockups of traditional drawdown funds. But behind that flexibility are important structural trade-offs and a need for clear alignment between investor expectations and manager terms.

Michael and Matt walk through what families need to know…

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