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evergreen fund

British  

noun

  1. a fund that provides capital for new companies and makes regular injections of capital to support their development

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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As an evergreen fund, Spring raises capital monthly while offering existing investors liquidity through quarterly repurchase offers.

From The Wall Street Journal Jun. 28, 2026

This year, the asset manager is launching what it describes as the world's first "evergreen" fund to invest in vintage vehicles, and says it'll only bet on cars worth more than 1 million euros each.

From Reuters Apr. 15, 2023

"Let's take the profits back and turn it into an evergreen fund," Silver suggests.

From Scientific American Sep. 8, 2015

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