Making fund terms and liquidity conditions clearer, structured and machine-readable
Private market funds, evergreen structures and semi-liquid vehicles are becoming increasingly relevant across the fund industry. At the same time, their subscription, redemption and liquidity terms are often complex, highly individual and difficult to extract from lengthy offering documents.
To support greater clarity and standardisation, the openfunds Private Markets working group has developed a new approach for capturing these terms in a structured and machine-readable way.
We are pleased to invite you to our upcoming openfunds webinar on:
Private Markets Data
Date: 24 September 2026
Time: 2pm BST / 15.00 CEST
Format: Online webinar
During the webinar, we will provide an overview of the work carried out by the openfunds Private Markets working group and introduce the new field concepts planned for the upcoming openfunds release.
The session will cover:
- ESMA Liquidity Management Tools:
An overview of the new openfunds field for ESMA Liquidity Management Tools, including how selected LMTs can be captured at share class level in line with ESMA’s Guidelines under AIFMD II. - New OFTC Terms & Conditions field set:
A deep-dive into the new openfunds Terms & Conditions fields, designed to capture the mechanics of redemption and subscription terms beyond simple yes/no indicators. - Machine-readable private markets data:
How openfunds aims to translate complex fund terms into structured data that can be exchanged, validated and used more efficiently by asset managers, distributors, platforms and data vendors. - Practical examples:
Worked examples showing how tiered redemption fees, soft lock-ups, redemption gates and calculation levels can be represented using the new openfunds template.
This webinar is intended for organisations involved in the creation, distribution, processing or validation of fund data, especially where private market funds, evergreen structures or semi-liquid vehicles are part of the product universe.
▶️ Don’t miss out – registration is open now.