semiliquid
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Blue Owl in January announced it would allow investors in a semiliquid fund focused on loans to technology companies to exit up to 17% of their shares, ultimately paying out the 15% that redeemed.
Blue Owl’s troubles intensified last autumn with a plan to merge one of its oldest private, or “semiliquid,” funds for individual investors with a publicly traded one.
One factor driving the creation of private-credit benchmarks is the push by asset managers to expand their offerings to individual investors, particularly through so-called evergreen, or semiliquid, funds, according to market services providers.
Inflows to “semiliquid” business development companies, or BDCs, that Blue Owl and others have sold aggressively to wealthy individuals dropped an average 15% over the last three months, according to research by Fitch Ratings.
Alternative investment managers that plowed into private credit are getting hit as investors worry about more redemptions from semiliquid private funds and slowing asset growth in the formerly hot sector.
From Barron's
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.