Private Markets Reimagined: The Semi-Liquid and Evergreen Trend in Europe
Private markets are entering a new phase of development, with semi-liquid and evergreen fund structures rapidly gaining traction across Europe. In the inaugural edition of Private Market Insights, we focus on a development that is taking hold across Europe: the rise of semi-liquid and evergreen fund structures.
Designed as open-ended, long-term vehicles, these funds are increasingly shaping how private market strategies are accessed, distributed, and serviced by institutional investors, private banks, and wealth managers alike.
Read the full article to explore the insights behind this structural shift.
From Clearstream’s position at the centre of fund issuance, distribution, and servicing, the trend is unmistakable: these fund structures are moving from niche innovation to mainstream adoption.
Data from our ecosystem indicates:
- Consistent growth in assets serviced
- A rising number of new product launches
- Increasing cross‑border distribution activity
- Particularly strong momentum in mature European domiciles, supported by robust regulatory frameworks and operational readiness
Semi-liquid and evergreen structures are quickly becoming a preferred format for private market exposure. They offer the long-term discipline investors expect, combined with the flexibility distributors increasingly require.” notes Tim Boole, Head of Product Strategy at Schroders Capital.
If you have any questions or would like to know more about our private market solutions, please contact us at private-markets@clearstream.com
