Brendan McCurdyopens, Global Head of Investment Strategy, and Terry Simpson, Senior Investment Strategist, Ares.
Brendan McCurdyopens, Global Head of Investment Strategy, and Terry Simpson, Senior Investment Strategist, Ares.
Why do evergreen funds exist, and why can't private markets just be liquid?
Published: Oct 21, 2026

Ares explores why evergreen funds exist, how they differ from traditional drawdown funds and the tradeoffs between liquidity and long-term returns.