Vivaris Capital sources the right structure to tackle LPs’ concerns

Alternative funds have long had a traditional limited partnership, closed-end structure. That works well in many circumstances, but it also has a lot of limitations. That’s why Vivaris Capital opted to create an alternative structure for its latest alternative fund.

“We're trying to bring the best of all worlds to our investors,” said J. Christopher Mizer, president and CEO. The traditional private fund structure includes a lockup period and limited liquidity thereafter. That can help capture an illiquidity premium in returns and gives the managers additional flexibility. However, it places a burden on investors . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.

Monthly subscriptions and discounted corporate plans for up to 100 members also available.

Ann C. Logue

Ann Logue is a writer specializing in business and finance. Her most recent book is "The Complete Idiot’s Guide: Options Trading" (Alpha 2016). She lives in Chicago.

Related Articles

Back to top button

Start Your Days in the Know

 

Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!