It’s not uncommon for successful entrepreneurs to have significant portions of their wealth tied to these kinds of illiquid assets. Such assets—also called complex assets—can include private ...
But in a larger sense, think of liquidity as a spectrum: Some assets are more readily convertible into cash than others. At the far end of the spectrum are illiquid assets, which are very hard to ...
An asset is often defined as the opposite of liability, which is money you owe. Assets can be liquid or illiquid. A liquid asset means that it is either cash or can quickly and easily be converted ...
The benefits include: To manage the liquidity risks (having to meet regularly scheduled redemption requests) of investing in illiquid assets, interval funds use publicly available, highly liquid ...