Transparency and investor protection must be paramount as private markets open to retail investors, says Ocorian, a global provider of services to high-net-worth individuals and family offices, financial institutions, asset managers and corporates.
The firm welcomes the launch of semi-liquid funds offering access to private market investments which were previously restricted to major institutional investors but stresses that fund managers must be clear to investors on the possible risks and be prepared to provide more detail and commentary to investors.
Semi-liquid or evergreen funds are open-end investment vehicles that give individual investors flexibility by allowing them to regularly subscribe to or redeem their investments and access typically illiquid private markets in a less rigid way and with minimum investments as low as $13,500.
Ocorian points out that the switch to retail investors is partly driven by private markets looking to offload existing holdi
