2min chapter

The Compound and Friends cover image

The Bet

The Compound and Friends

CHAPTER

The Evolution of Interval Funds

Half of the asset management business's revenue is coming from allts generating more than $190 billion for firms that offer them. Interval funds are like an evolution of closed end funds. It allows for product to be offered that's illiquid by having only like quarterly ability to get a partial put money in and out.

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