Truly independent research for perpetual alternative funds. Performance, cost, flows, and liquidity across the market, with the evidence behind each figure.
Fontris is an independent research service covering perpetual alternative funds: interval funds, tender-offer funds, non-traded REITs, and business development companies. Evergreen products have grown considerably in both number and scale in recent years. Independent coverage has not kept pace: much of what is written about these funds comes from their sponsors, and the rest is scattered and hard to compare across the market. We aim to fill that gap.
Fontris currently covers 95 funds across the alternatives universe, including private credit, private equity, real estate, infrastructure, multi-alternative, and specialty asset classes such as insurance-linked securities, art, royalties, GP stakes and sports and media. Our coverage will continue to expand in both depth and breadth.
Fontris is not affiliated with any manager we cover, and every figure on the site names its source.
Funds that paid out only part of what investors asked for, most recent first.
A ranked view of eligible funds within each asset class, with coverage limits shown.
Open →The largest funds in each core asset class, followed as they file.
Open →Each fund’s repurchase program and its full history: requested, filled, gated.
Open →What funds charge, beside what they have delivered.
Open →The highest-scoring fund in each asset class on the current board. Scores and the full ranking open with a free account.
6 asset classes, 95 funds, from the largest flagships down to classes with as few as 4 funds. Each has its own page: filings, fees, redemption history, distributions, portfolio detail.
Blackstone Private Credit Fund · Cliffwater Corporate Lending Fund · Blue Owl Credit Income Corp. and 38 more
Blackstone Real Estate Income Trust, Inc. · Starwood Real Estate Income Trust, Inc. · Apollo Diversified Real Estate Fund and 17 more
Partners Group Private Equity Fund, LLC · KKR Private Equity Conglomerate LLC · Hamilton Lane Private Assets Fund and 12 more
KKR Infrastructure Conglomerate LLC · Brookfield Infrastructure Income Fund Inc. · StepStone Private Infrastructure Fund and 5 more
Stone Ridge Reinsurance Risk Premium Interval Fund · Victory Pioneer ILS Interval Fund · Ares Sports, Media & Entertainment Opportunities LP and 4 more
ACAP Strategic Fund · First Trust Alternative Opportunities Fund · Beacon Pointe Multi-Alternative Fund and 1 more
Some questions need a longer treatment. Fontris welcomes inquiries about alternative fund disclosures, market structure, and industry research.
Explore a topic through a sourced report, a factual comparison, or a record of how published terms have changed. Each proposed engagement starts with a defined research scope.