An evergreen fund has no fixed end date and lets investors join and redeem on a regular schedule, often quarterly, usually with limits on how much can leave at once.
What the video says
In private markets, some funds never end. It's called an evergreen fund. Most private funds lock money up for a decade. This one lets investors join and leave, often each quarter. Prices come from its regular valuations. Say it's worth one billion, and lets five percent leave a quarter. That's fifty million. Investors ask for two hundred million. So each gets twenty-five percent of what they asked. The rest waits. So why do investors care? It's how private assets are reaching smaller investors, and the way out has limits. It never ends. But the door is narrow.
In the glossary: Evergreen fund
A simple example with round numbers, not advice. Terms vary by fund.
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