
08.09.2025
Evergreen Funds in Infrastructure: Flexibility with Caveats – and the Growing Role of Secondaries
Infrastructure Investments
Real Assets
Evergreen funds, open-ended private market vehicles with no fixed end date, have experienced rapid growth, particularly in illiquid asset classes such as private equity and infrastructure. Their appeal lies in structural flexibility, ongoing access to capital, and periodic liquidity, attracting investors seeking long-term exposure to illiquid, income-generating assets.