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What Are Permanent Capital Vehicles (PCV)?

By Kristi WaterworthUpdated Jun 13, 2025 at 12:01 AM

Key Points

  • PCVs, such as REITs and limited partnerships, focus on long-term capital preservation.
  • PCVs differ from closed-end funds by maintaining flexible, indefinite investment timelines.
  • PCVs are suited for long-term investors valuing stability and low liquidity.

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