Evergreen Funds A Bright Star For Private Markets – Hamilton Lane
Pennsylvania-based Hamilton Lane’s 2025 Market Overview report reveals that while private markets face challenges, “evergreen” funds are poised for growth. These perpetual funds, which lack traditional private market constraints, are gaining traction among major firms like Blackstone and BNP Paribas. Currently representing 5% of private markets, Hamilton Lane anticipates that evergreen funds could reach 20% in ten years, driven by increased institutional investment. The report also highlights resilience in sectors like credit and infrastructure, while predicting challenges in fundraising and performance in private equity. Overall, Hamilton Lane remains optimistic about private market investments.