
Evergreen funds: The long hold

The notion of patient or permanent capital draws interest from both GPs and LPs, but evergreen funds are rare in the US and even rarer in Asia. This state of affairs is unlikely to change any time soon
At 18 years, Electra Partners Asia's investment in India-based Zensar Technologies can claim to be one of the longest-held in the region to see a successful exit. This happened in October when Apax Partners...
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