Investment Period: Open-end funds are set up as legal entities that are constantly raising new capital from investors and continuously deploying that capital into new investment. Open-end funds generally do not have a set fundraise time horizon. Capital Call:...
Investment Period: Closed-end funds are set up as a vehicle that has a defined capital raising period, a defined investing period, and a defined harvesting period. During the capital raising period the fund manager is seeking capital commitments from investors, which...