Sekond, an alternatives technology provider based in Boston, today announced the launch of its independent ratings system for Evergreen funds — the fastest-growing category of democratized alternative investments available to individual investors.
The new ratings provide wealth advisors and their clients with transparent, data-driven grades for every Evergreen fund offered in the United States. Each rating is built entirely from publicly available regulatory filings, delivering an independent assessment that is free from the conflicts of interest inherent in fund-manager-produced marketing materials.
"Wealth advisors are being asked to evaluate an increasingly complex landscape of alternative investments, but until now they've had to rely on glossy pitch decks and self-reported data," said Ben Carcio, founder of Sekond. "Our ratings change that by grounding every assessment in transparent, verifiable data."
Sekond Ratings evaluate Evergreen funds across three critical dimensions: performance relative to stated objectives and benchmarks, portfolio composition and underlying holdings, and liquidity risk — including redemption terms, gate provisions, and queue mechanics that are often buried in regulatory filings.
The launch covers all registered Evergreen funds currently offered through U.S. distribution channels, spanning strategies in private credit, private equity, real estate, and infrastructure. Ratings are updated continuously as new filings become available, providing advisors with a living assessment rather than a static snapshot.
Early adoption has been strong. Sekond's platform has already been validated by the world's largest alternatives fund provider, underscoring demand for independent, transparent intelligence in the democratized alternatives space.
The ratings are accessible through the Sekond platform at sekond.co. Wealth advisors, home offices, and fund managers interested in learning more can request access through the website.