Morningstar Roundtable: Semiliquid Funds in Today's Private Market Landscape

In this press-only roundtable, Jason Kephart, Jack Shannon, and Brian Moriarty will share fresh insights from Morningstar's “State of Semiliquid Funds 2026” and explore themes such as the changing role of private credit, the rise of new fee structures, and what recent redemption activity is revealing about liquidity constraints. The session will also include perspectives on whether semiliquid funds are delivering on their promise of improved access and returns, and what these dynamics mean for long-term portfolios, including retirement plans.