The advantage a permanent capital city has it avoids the need to harvest investments at artificially created time horizons.
<h3>What is permanent capital?</h3>
Permanent capital refers to an investment for an indefinite period in an underlying vehicle. The vehicle can be any form of corporation, trust, or partnership.
Permanent capital was an aspirational concept in private equity. By leveraging the optionality and understanding the limitations of permanent capital, managers use it for enhancing their business.
Learn more about Permanent capital here:
brainly.com/question/14297727
#SPJ1
