Goldman, Evercore Explore Funds That Would Let PE Firms Hold Assets for 15 Years
Goldman Sachs and Evercore are exploring evergreen continuation funds that would allow firms to hold investments longer.
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Why It Matters
Two big finance companies are working on a new type of fund. This would let investment firms keep their holdings much longer than usual.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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