Private markets rethink ‘semi-liquid’ label

Private market managers and wealth advisers are grappling with the description of funds that offer periodic access to private credit and equity after recent redemption requests highlighted significant liquidity issues. This shift in perspective comes as the sector reevaluates its approach to "semi-liquid" funds, acknowledging the challenges investors face in accessing their investments. The implications of this reevaluation could lead to more transparent and accurate marketing of these funds, ultimately benefiting investors by setting clearer expectations around liquidity and access.