Insights   |   June 18, 2025

The Open-Ended Question

Investors are increasingly seeking fund structures that offer flexibility, transparency, and the ability to dynamically manage allocations to private markets. For over two decades, Fiera Capital has developed open-ended strategies across real estate, infrastructure, natural capital, private equity, and private credit – designed to meet evolving portfolio needs.

Majlinda Kamberi
Majlinda Kamberi
Senior Principal, Private Markets Specialist

How can investors gain flexible, long-term exposure to private markets without locking up capital for a decade or more? Open-ended fund structures may offer a compelling solution. These vehicles can offer dynamic access to private market strategies with the potential for ongoing reinvestment, diversification, and liquidity. In this paper we explore when and how open-ended structures may be suitable, how they compare to closed-ended funds, and what investors should consider when evaluating their role in a modern portfolio.

Read more The Open-Ended Question

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