(HedgeCo.Net) Alternative investment distribution is undergoing a quiet revolution. While headlines often focus on megafund launches and blockbuster acquisitions, the most consequential transformation may be happening at the product-structure level. Separately managed accounts (SMAs) and semi-liquid funds are rapidly becoming the preferred vehicles for allocating capital to private markets.
Together, these structures are reshaping how alternatives are accessed, customized, and governed.
Wh...
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