GS · News · 20261019N

Evergreen Private Equity Funds

GOLDMAN SACHS GROUP INC · 2026-10-19 · Importance 31 · Surprise 42

Goldman Sachs and Evercore are exploring evergreen continuation funds for private-equity portfolio companies. The vehicles are designed to let firms hold assets for 10 to 15 years or longer, compared with roughly five years for traditional continuation funds. The structures would provide uncommitted capital for portfolio-company growth without requiring an immediate exit, although the initiative remains at an early stage.

Key facts

• Goldman Sachs and Evercore are gauging institutional investor appetite for "evergreen continuation vehicles" designed to let buyout shops hold portfolio companies for 10 to 15 years. source
• Goldman Sachs and Evercore are exploring evergreen continuation funds that would allow private equity firms to hold assets for 10-15 years or longer, and the initiative is still in early stages. source