10 ms·
I don't disagree but this is really only possible with sources of cheap capital. Rolling funds are not easy to maintain and very risky on the GP side of things.
by mbesto 5y ago
I don't disagree but this is really only possible with sources of cheap capital. Rolling funds are not easy to maintain and very risky on the GP side of things.
- vmception 5y agoRestrictions and limitations on redemptions from the liquid fund already solve this. And money in the side pocket can be kept forever in long term positions. Even to an LP that previously did a full redemption, the liquidity events from the side pocket can result in an infinitely long redemption.