Interval funds, tender offer funds, ELTIF 2.0 and open-ended private credit analysed on NAV with the right risk statistics, their liquidity modelled in the portfolio ladder, and compared on one basis with closed-end vintages and liquid alternatives.
Evergreen funds, the semi-liquid private markets vehicles (interval funds, tender offer funds, ELTIF 2.0, open-ended private credit and infrastructure funds) that allocators and wealth managers increasingly use, need analysis that sits between hedge fund and private equity tools. AlternativeSoft analyses evergreen funds on NAV-based returns with the right risk statistics, models their limited liquidity (quarterly or monthly windows, caps, queues) in the portfolio's liquidity ladder, compares them with closed-end vintages and liquid alternatives on one basis, and includes them in due diligence, portfolio construction and reporting alongside everything else the investor holds.
Return, volatility, drawdown and risk-adjusted statistics on the fund's NAV series, with smoothing diagnostics for appraisal-based valuations.
Risk analyticsRedemption windows, caps as a share of NAV, notice periods and queue risk reflected in the portfolio's liquidity ladder.
Portfolio riskCompare an evergreen fund with closed-end vintages on PME and with liquid alternatives on risk-adjusted return, on one basis.
Fund comparisonDDQs, valuation policy, liquidity management and document review on the same fund record.
Due diligenceEvergreen funds allocated with liquidity and concentration constraints alongside hedge funds, private equity and liquid funds.
Portfolio constructionEvergreen holdings in factsheets, portfolio reports and committee packs with the rest of the portfolio.
ReportingAn evergreen fund reports a NAV like a hedge fund but values private assets like a private equity fund, and offers liquidity that is real until it is not. Treating it as a hedge fund overstates its liquidity and understates its valuation lag; treating it as a closed-end fund hides the redemption option entirely. AlternativeSoft models the vehicle as it is: NAV-based statistics with smoothing diagnostics, liquidity windows and caps in the ladder, and comparison with both closed-end and liquid peers.
For wealth managers building private markets allocations for clients, and for allocators replacing drawdown commitments with semi-liquid vehicles, that treatment is what makes the allocation defensible in the committee and the client report.
Send the fund name and we build its profile, liquidity model and peer comparison before the call.