Open ended and evergreen funds vs closed ended funds

Hi! Does anyone in the community have thoughts and/or experience setting up an open ended PE investment company or an evergreen PE investment company? I am especially interested in:

  1. Why you chose this format instead of the traditional close-ended structure (and the general pros and cons of either structure)

  2. How you navigated the challenges of managing the buy-ins and outs of investors

  3. How distributions to investors differ to those in the traditional close-ended model

Thank you!

 

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